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HomeMy WebLinkAbout~Master - Energy Billing (Energy Unit Rate, Energy Cost Adjustment, & Energy Rate Adjustment) ORDINANCE NO. 4262 AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY OF AMES, IOWA, BY REPEALING CHAPTER 28, SECTION 102 AND ENACTING A NEW CHAPTER 28 SECTION 102 THEREOF, FOR THE PURPOSE OF ENERGY COST ADJUSTMENT; REPEALING ANY AND ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT TO THE EXTENT OF SUCH CONFLICT; AND ESTABLISHING AN EFFECTIVE DATE. BE IT ENACTED,by the City Council for the City of Ames,Iowa,that: Section One. The Municipal Code of the City of Ames, Iowa shall be and the same is hereby amended by repealing Chapter 28, Section 102 and enacting a new Chapter 28, Section 102 as follows: "Sec. 28.102. ENERGY BILLING (ENERGY UNIT RATE, ENERGY COST ADJUSTMENT, & ENERGY RATE ADJUSTMENT). The net monthly billing based on rates will be increased or decreased according to the Energy Unit Rate and Energy Cost Adjustment, calculated as of the prior month. For purposes of this section,the following definitions apply: "Energy Unit Rate" means the portion of the retail electric rates that produces revenue to offset fuel and electrical energy related expenses.The Energy Unit Rate for all retail rate schedules shall be$0.0495 per kilowatt-hour (kWh). "Energy Cost Adjustment (ECA)" means the amount the customer's billed energy charges are adjusted to compensate for variations in the cost of energy to the Ames Municipal Electric System. The ECA shall be adjusted monthly for variations in the utility's net cost of energy associated with electrical energy purchases/sales,transmission expenses/revenues,and adjustments;fuel purchases/sales,delivery expenses,and adjustments;and fuel waste disposal expenses/revenues and adjustments. The ECA shall be determined by multiplying the customer's billed energy consumption(kWh)times the Energy Rate Adjustment($/kWh). "Energy Rate Adjustment"means the Energy Unit Rate($/kWh)subtracted from the quotient of the Utility's net cost of energy($), as defined in the ECA, invoiced for the prior twelve-month period divided by the total retail energy(kWh)sales for the corresponding twelve-month period. (Ord. No. 2921, Sec. 2, 4-9-85; Ord. No. 2975, Sec. 1, 5-19-87; Ord. No. 2977, Sec. 1, 6-9-87; Ord. No. 3199, Sec. 1, 9-24-92; Ord. No. 4130, 11-27-12)." Section Two.All ordinances,or parts of ordinances, in conflict herewith are hereby repealed to the extent of such conflict, if any. Section Three. This ordinance shall be in full force and effect from and after its passage and publication as required by law. Passed this 10 day of June, 2016. Diane R.Voss,City Clerk Ann H. Campbell, Mayor