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HomeMy WebLinkAboutORD 2023-01 DocuSign Envelope ID:B2BFA3F7-05F4-43CD-B76D-6947DEB90260 TRUCKEE DONNER Public Ordinance No. 2023 - 01 SETTING ELECTRIC UTILITY Rates and Power Cost Adjustment FOR FY24 AND FY25 WHEREAS, the District retained HDR Engineering to conduct a Cost of Service Analysis (COSA) electric retail rate design update; and WHEREAS, the District also tasked HDR Engineering with developing a Time of Use (TOU) Rate and Power Cost Adjustment (PCA); and WHEREAS, HDR Engineering completed the COSA including an electric retail rate study and recommended an option to fairly allocate the cost of service to the District's customers through increased rates; and WHEREAS, HDR Engineering completed the rate design for an optional TOU Rate and PCA; and WHEREAS, a public workshop was held on October 18, 2023 to receive comments and review the proposed electric rate increases, optional TOU Rate, and PCA; and WHEREAS, a notice of a public hearing for the proposed electric utility rate increases, optional TOU Rate, and PCA was publicly advertised on October 20th and October 27th, 2023; and WHEREAS, a public hearing was held on November 1, 2023 to receive public comments on the proposed electric rate increases, optional TOU Rate, and PCA; and NOW, THEREFORE, BE IT ENACTED, by the Board of Directors of the Truckee Donner Public Utility District as follows: Section 1. If no protest is made pursuant to Public Utilities Code Section 16078, then the terms of this ordinance shall be effective 30 days after adoption by the Board of Directors of the District. Effective December 1, 2023, the following monthly electric rates shall be implemented with the first bills after January 1, 2024, as applicable. Page 1 of 4 DocuSign Envelope ID:B2BFA3F7-05F4-43CD-B76D-6947DEB90260 Domestic Electric Rates: Permanent Residents Rates P10, P12 Customer Charge: per month $27.47 Energy Charge per kilowatt-hour $0.1664 Domestic Electric Rates: Non-Permanent Residents Rates S 10, S 12, G 10 Customer Charge: per month $27.47 Energy Charge per kilowatt-hour $0.1893 Domestic Electric Rates: Permanent Residents-Time of Use (optional, 1 change per 12 months) Rates P 10X, P 12X Customer Charge: per month $27.47 Energy Charge per kilowatt-hour, 4:01 pm-9:OOpm $0.2605 Peak Energy Charge per kilowatt-hour, 11:01am-4:00pm $0.1320 Mid-Peak Energy Charge per kilowatt-hour, 9:01 pm-11:00am $0.1320 Off-Peak Domestic Electric Rates: Non-Permanent Residents-Time of Use (optional,l change per 12 months) Rates S 10X, S 12X, G 10X Customer Charge: per month $27.47 Energy Charge per kilowatt-hour, 4:01 pm-9:OOpm $0.2963 Peak Energy Charge per kilowatt-hour, 11:01am-4:00pm $0.1501 Mid-Peak Energy Charge per kilowatt-hour, 9:01 pm-11:00am $0.1501 Off-Peak Small Commercial Rates Rates 15, E, 15X, 16, G16, 17 Customer Charge: per month $37.03 Energy Charge per kilowatt-hour $0.2110 Medium Commercial Rates Rates 20, 21, 23 Customer Charge: per month $305.58 Energy Charge per kilowatt-hour $0.1408 Demand Charge per kilowatt of demand $16.72 Large Commercial Rates Rates 25, 26, 27 Customer Charge: per month $1,340.40 Energy Charge per kilowatt-hour $0.1504 Demand Charge per kilowatt of demand $16.13 Temporary Power Rate 13 Customer Charge: per month $28.65 Energy Charge per kilowatt-hour $0.2324 Security Lights Rate 01 Customer Charge: per light per month $22.40 Page 2 of 4 DocuSign Envelope ID:B2BFA3F7-05F4-43CD-B76D-6947DEB90260 Section 2. Effective December 1, 2023, the following monthly electric rates shall be implemented January 1, 2025. Domestic Electric Rates: Permanent Residents Rates P10, P12 Customer Charge: per month $30.77 Energy Charge per kilowatt-hour $0.1864 Domestic Electric Rates: Non-Permanent Residents Rates S 10, S 12, G 10 Customer Charge: per month $30.77 Energy Charge per kilowatt-hour $0.2120 Domestic Electric Rates: Permanent Residents-Time of Use (optional, 1 change per 12 months) Rates P 10X, P 12X Customer Charge: per month $30.77 Energy Charge per kilowatt-hour, 4:01 pm-9:OOpm $0.2918 Peak Energy Charge per kilowatt-hour, 11:01am-4:00pm $0.1478 Mid-Peak Energy Charge per kilowatt-hour, 9:01 pm-11:OOam $0.1478 Off-Peak Domestic Electric Rates: Non-Permanent Residents -Time of Use (optional,l change per 12 months) Rates S 10X, S 12X, G 10X Customer Charge: per month $30.77 Energy Charge per kilowatt-hour, 4:01 pm-9:OOpm $0.3318 Peak Energy Charge per kilowatt-hour, 11:01am-4:00pm $0.1681 Mid-Peak Energy Charge per kilowatt-hour, 9:01 pm-11:00am $0.1681 Off-Peak Small Commercial Rates Rates 15, E, 15X, 16, G16, 17 Customer Charge: per month $41.47 Energy Charge per kilowatt-hour $0.2363 Medium Commercial Rates Rates 20, 21, 23 Customer Charge: per month $342.25 Energy Charge per kilowatt-hour $0.1577 Demand Charge per kilowatt of demand $18.73 Large Commercial Rates Rates 25, 26, 27 Customer Charge: per month $1,501.25 Energy Charge per kilowatt-hour $0.1684 Demand Charge per kilowatt of demand $18.07 Temporary Power Rate 13 Customer Charge: per month $32.09 Energy Charge per kilowatt-hour $0.2603 Security Lights Rate 01 Customer Charge: per light per month $25.09 Page 3 of 4 DocuSign Envelope ID:B2BFA3F7-05F443CD-B76D-6947DEB90260 Section 3. Power Cost Adiustment Applicable to all Rates classes with an Energy Charge per kilowatt-hour, a Power Cost Adjustment (PCA) will take effect for wholesale electricity power costs (Cost)which vary up to 15% (above or below) to the approved Budget Cost. The District's rate reserve funds shall be considered for variances in excess of 15%. Effective 1/1/2024 the initial PCA is $0.0000, and calculated and adjusted quarterly per the following schedule: PCA Analysis and Resulting PCA Applied Billing PSA Calculation Quarter Board Months Review/Approval Q1 —January February March April May June July August Q2—April May June July August September October November Q3—July August September October November December January February Q4—October November December January February March April May A power cost report shall be generated for review by the Board of Directors following each quarter. The Board of Directors shall review and approve all proposed power cost adjustments in a regularly schedule meeting prior to the effective date. Section 4. The Clerk of the District shall immediately cause a copy of this ordinance to be published in a newspaper of general circulation and posted in three places within the District. Section 5. The provisions of other Ordinances shall remain if effect to the extent that they do not conflict with this ordinance. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a meeting duly called and held within the District on the first day of November 2023 by the following roll call vote: AYES: Directors Aguera, Finn, Harris, Vice President Laliotis and President Bender NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT ByCaneo>ecsEnciaw Jeff Bender, President of the Board ATTEST: _ nsienEamcFe Brian Wright, General Manager Page 4 of 4