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HomeMy WebLinkAboutA001 - Council Action Form dated November 28, 2023 ITEM#: 26 DATE: 11-28-23 DEPT: Electric Services COUNCIL ACTION FORM SUBJECT: MODIFICATIONS TO TIME-OF-USE ELECTRIC RATE FOR LARGE CUSTOMERS BACKGROUND: The Industrial Time-of-Use Electric Rate is a voluntary option for large electric customers whose metered demand at any time exceeds 2,500 kVA. This rate offers two mechanisms to help reduce the utility's overall annual peak. One provides an optional time-of-use rate to encourage large customers to shift their peak energy usage outside the window of 3 p.m. to 8 p.m., which is the time when the utility's electric demand is highest. The second option for eligible customers is to elect a partial interruptible load agreement where the utility may call on the customer to reduce load during times of peak demand. The 2,500 kVA eligibility threshold is a high limit. Currently, only six of the electric utility's customers are eligible for the time-of-use rate. Staff recommends lowering the demand threshold from 2,500 kVA to 500 kVA. This modification has several advantages to both customers and the utility. First, it substantially increases the number of customers that may participate in the rate, thereby reducing their costs as a customer. In addition, it incentivizes more customers to shift their energy consumption to off-peak hours. Off-peak electric consumption is less costly for the utility to provide, and reduces the potential for a new electric peak demand to be reached. New electric peaks require the utility to invest in costly infrastructure. Staff has prepared an ordinance making the modification to the demand threshold for this rate. In addition, the ordinance renames the rate to the "Large Customer Time of Use Rate" to reflect that not all customers who elect the rate will be "industrial" customers. The proposed amendments were supported by the Electric Utility Operations Review and Advisory Board(EUORAB) on November 9. ALTERNATIVES: 1. Approve first reading of the attached ordinance modifying Municipal Code, Chapter 28 to reduce the demand threshold for large electric time-of-use rates. 2. Refer this item back to staff for modifications. 3. Do not approve the attached ordinance. CITY MANAGER'S RECOMMENDED ACTION: Lowering the required demand threshold will increase the number of customers that can participate in the Time-of-Use electric rate. This will help the utility minimize the potential for new electric peaks, utilize energy at the times that are least costly, and take advantage of capacity in the electric system that is available during these off-peak hours of the day. Therefore, it is the recommendation of the City Manager that the City Council adopt Alternative No. 1, as noted above. ATTACHMENT(S): Ordinance Industrial Time-Of-Use Electric Rate.PDF 1 ORDINANCE NO. AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY OF AMES, IOWA, BY AMENDING SECTION 28.108 THEREOF, FOR THE PURPOSE OF RENAMING THE SECTION LARGE CUSTOMER TIME-OF-USE ELECTRIC RATE AND CHARGES AND LOWERING THE RATE FOR CUSTOMER PARTICIPATION, 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 amending Section 28.108 as follows: "Sec.28.108.CIA LARGE CUSTOMER TIME-OF-USE ELECTRIC RATE AND CHARGES. (1) Availability: The trial Large Customer Time-of-Use Electric Rate shall be voluntary for any customer whose metered demand at any time exceeds 2-,500 kVA. Service under this rate schedule is billed on a Time-of-Use basis as provided under these rules. The�l Large Customer Time-of-Use Electric Rate is an alternative to Section 28.105 or Section 28.107 (1) Availability, at the customer's discretion. Customers opting for inclusion on-kidu4Fia4 Large Customer Time-of-Use Electric Rate are required to remain on the rate for a period no less than twelve(12)consecutive calendar months." 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 day of ,2023. Renee Hall,City Clerk John A.Haila,Mayor 2