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HomeMy WebLinkAbout~Master - Electric Net Metering - Establishing Residential, Commercial, and Industrial Renewable Buyback Rates ORDINANCE NO. 4287 AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY OF AMES, IOWA,BY ENACTING A NEW SECTION 28.109 THEREOF,FOR THE PURPOSE OF ESTABLISHING RESIDENTIAL, COMMERCIAL AND INDUSTRIAL RENEWABLE BUYBACK RATES; 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 enacting a New Section 28.109 as follows: "Sec.28.109. Renewable Energy Buyback Rates. Renewable electrical energy produced by an Ames Electric Utility customer and delivered to the City's electric system(in accordance with the conditions of service specified in Section 2.7 of Appendix H of the Ames Municipal Code)shall receive a credit to their utility account as follows: (1) Residential service.A residential rate customer's account shall be credited: (a)40%of$0.1166,plus$0.025=$0.0716 per kWh of delivered energy for bills mailed on or between July 1 and October 31 (summer period) (b)40%of$0.0966 per kWh,plus$0.025=$0.0525 per kWh of delivered energy for bills mailed on or between November 1 and June 30(winter period) (2) Small Commercial service.A small commercial service customer's account shall be credited: (a)40%of$0.1148,plus$0.020=$0.0659 per kWh of delivered energy for bills mailed on or between July 1 and October 31 (summer period) (b)40%of$0.0948 plus$0.020=$0.0579 per kWh of delivered energy for bills mailed on or between November 1 and June 30(winter period) (3) Commercial service.A commercial service customer's account shall be credited at 50% of$0.0619,plus$0.015=$0.0460 per kWh of delivered energy (4) Industrial service.An industrial service customer's account shall be credited at 63%of $0.0619,plus$0.010=$0.0490 per kWh of delivered energy." 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 All ordinances, or parts of ordinances, in conflict herewith are hereby repealed to the extent of such conflict, if any.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 January,2017. Diane R.Voss,City Clerk H. Cam�elayor