Loading...
HomeMy WebLinkAboutA001 - Council Action form dated April 14, 2009 t ITEM# 42 DATE: Ap0114, 2009 COUNCIL ACTION FORM SUBJECT: ELECTRIC UTILITY RATE CHANGES BACKGROUND: As discussed during the FY 2009/10 budget process, the City of Ames Electric Services budget included a 5.0% metered electric rate increase to take effect with the bills issued on or after July 1 , 2009. An increase of the commercial and industrial power factor adjustment from 85% to 90% is also included in this ordinance change. The revenue resulting from this rate increase is needed to fund plant maintenance, improvements, and operating costs while maintaining an adequate fund balance for the utility. The power factor adjustment increase is intended to induce customers with poor power factors to take corrective steps and make improvements leading to more efficient use of electricity. This will lead to a reduction in overall capacity requirements. The proposed increase in the power factor adjustment was determined to be necessary since the existing adjustment is too small to act as a motivator for most customers to improve power factor performance. Poor power factor conditions for our larger customers lead to added capacity requirements for the entire system. The attached spreadsheets illustrate sample bill impacts of this rate increase on various classes of customers, a comparison of the current and proposed rate structure, and power factor adjustment change on several large power customers. These increases take effect if customers make no modifications to their systems to improve their power factors. The Utility's Demand Side Management Program provides for assistance to customers wishing to improve their power factors. The proposed rate change is an across-the-board increase with no change to our current rate structure for all customer classes. Following this rate increase, the Utility will conduct an extensive cost-of-service study and prepare alternative rate structures, and analyze the impacts of alternate rate structures on the various classes of customers. This rate increase is the third in a series of planned rate increases. The first was a 3.5% increase for 2006/07, and the second was an 8.0% increase during 2008/09. The timing and amount of any future rate increases will be dependent on the capital costs which the Utility will need to incur to meet demand, capital and environmental requirements. Attached is the edited ordinance section reflecting the increased rates and the increase in power factor adjustment. 1 ALTERNATIVES: 1. Approve the proposed changes to the Electric Utility rate ordinance to increase overall rates for all classes of customers of the Electric Utility by 5.0%for bills issued on or after July 1, 2009, and also increase the power factor adjustment from 85% to 90% as included in the 2009/10 budget. 2. Approve either the rate increase or the increase in the power factor adjustment, but not both at this time. 3. Refer the Electric Utility rate ordinance back to staff with direction to develop an alternative rate structure. Depending on the complexity of the desired rate structure, this alternative would likely delay implementation of a rate increase, and could result in a larger rate increase or not achieving the Electric Utility fund balance target unless other changes are made to reduce budget expenditures. 4. Do not approve a rate increase at this time. This alternative will require extensive changes to the Electric Utility budget since a 5.0% revenue increase was included in the adopted budget. MANAGER'S RECOMMENDED ACTION: The Electric Utility is embarking on major maintenance projects and the completion of a vital transmission project in the next year to 18 months that will help secure the future power supply of our customers for the next 20 years. The current rate structure will not supply the revenue necessary to complete these large projects. In addition, a number of large power customers have poor power factors that result in the Utility needing to supply capacity beyond what would be necessary if those power factors were improved. It is time for those customers with poor power factors to take advantage of the Utility's Demand Side Management Program and make upgrades to their equipment for the benefit of all customers by avoiding unnecessary additional capacity. Therefore, it is the recommendation of the City Manager that the City Council adopt Alternative #1 and approve a 5% rate increase for all customer classes effective with the bills issued on or after July 1, 2009, and also increase the power factor adjustment point for large customers from 85% to 90%. 2 2009 Electric Rate 5% Increase Revised: 2009 April 10 Section Description / Months Bills Mailed Current Proposed 28.103. Residential Service charge $5.00 $5.25 July- October Flat Rate $0.0825 $0.0866 November-June first 400 kWh $0.0760 $0.0798 next 600 kWh $0.0637 $0.0669 all over 1,000 kWh $0.0604 $0.0634 Minimum bill $5.00 $5.25 28.104. General Power Service charge $6.00 $6.30 July- October first 2,000 kWh $0.0917 $0.0963 next 5,000 kWh $0.0783 $0.0822 all over 7,000 kWh $0.0760 $0.0798 November-June first 2,000 kWh $0.0715 $0.0751 next 5,000 kWh $0.0593 $0.0623 all over 7,000 kWh $0.0570 $0.0599 Minimum bill $6.00 $6.30 Fluctuating load $0.311 $0.327 28.105. Large Power Service Charge $45.00 $48.00 July - October first 50 kW demand $4.751 $5.000 next 100 kW demand $4.304 $4.520 all over 150 kW demand $3.857 $4.050 kWh for first 200 hours of demand $0.0615 $0.0646 kWh for next 200 hours of demand $0.0425 $0.0446 all kWh over 400 hours of demand $0.0391 $0.0411 November-June first 50 kW demand $3.410 $3.581 next 100 kW demand $2.962 $3.110 all over 150 kW demand $2.515 $2.641 kWh for first 200 hours of demand $0.0525 $0.0551 kWh for next 200 hours of demand $0.0414 $0.0435 all kWh over 400 hours of demand $0.0369 $0.0387 Power Factor Adjustment 85% 90% Section Description / Months Bills Mailed Current Proposed 28.106. Industrial Service charge $112.00 $118.00 July - October demand charge for all kW $3.857 $4.050 kWh for first 200 hours of demand $0.0548 $0.0575 kWh for next 200 hours of demand $0.0369 $0.0387 all kWh over 400 hours of demand $0.0347 $0.0364 November-June demand charge for all kW $2.515 $2.641 kWh for first 200 hours of demand $0.0470 $0.0494 kWh for next 200 hours of demand $0.0357 $0.0375 all kWh over 400 hours of demand $0.0324 $0.0340 Power Factor Adjustment 85% 90% 28.107 Street &Security Lighting 1,000 Watt - Mercury Vapor $23.25 $24.45 700 Watt - Mercury Vapor $16.95 $17.80 400 Watt - Mercury Vapor $10.60 $11.15 400 Watt - Mercury Vapor-Orn $12.85 $13.50 250 Watt - Mercury Vapor $7.60 $8.00 250 Watt - Mercury Vapor-Orn $11.30 $11.90 175 Watt - Mercury Vapor $6.25 $6.60 175 Watt- Mercury Vapor-Orn $8.45 $8.90 400 Watt- H.P. Sodium $11.45 $12.05 400 Watt - H.P. Sodium-Orn $12.85 $13.50 360 Watt - H.P. Sodium $10.85 $11.40 360 Watt - H.P. Sodium-Orn $12.25 $12.90 250 Watt - H.P. Sodium $8.30 $8.75 250 Watt - H.P. Sodium-Orn $11.75 $12.35 200 Watt - H.P. Sodium $8.05 $8.45 200 Watt- H.P. Sodium-Orn $11.75 $12.35 150 Watt- H.P. Sodium $6.95 $7.30 150 Watt- H.P. Sodium-Orn $9.15 $9.65 100 Watt - H.P. Sodium $5.60 $5.90 100 Watt - H.P. Sodium-Orn $7.60 $8.00 70 Watt- H.P. Sodium $4.90 $5.15 70 Watt - H.P. Sodium-Orn $7.00 $7.35 Flood lights, per lamp adder $0.60 $0.65 Energy only charge $0.075 $0.080 Section Description / Months Bills Mailed Current Proposed Power Factor Adjustment 85% 90%