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HomeMy WebLinkAbout~Master - Modifications to Commercial Electric Vehicle Charging Rate ORDINANCE NO.4523 AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY OF AMES, IOWA, BY AMENDING SECTION 28.106 THEREOF, FOR THE PURPOSE OF AMENDING COMMERICAL ELECTRIC VEHICLE CHARGING RATE 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 28.106 as follows: "Sec. 28.106. COMMERCIAL ELECTRIC VEHICLE CHARGING RATE. .•. (2) Intent: The cost to deliver electricity is generally most expensive during hours of greatest demand. The utility benefits when Large electric users reduce their demand during these times. A time-of-day rate is a pricing strategy whereby Electric Services may vary the price of electricity depending on the time-of-day it is delivered to the customer.Energy pricing can encourage the customer to use electricity during times of low demand and discourage use during the peak times of the day. Time-of-day pricing allows Electric Services to better control costs and mitigate any negative system impacts related to tunes of peak demand. Additionally, offering off-peak rates encourages broader adoption of electric vehicles by allowing low-cost, off-peak energy for customer vehicle charging. (3) Definitions: (a) Premium Energy Hours: Monday through Friday between the hours of 9:00 am and 9:00 pm,excluding federally observed Holidays: (b) Economy Energy Hours:All remaining hours (c) Billing Demand: The"billing demand"shall be the greater Leg atest of- (i) The peak fifteen(15)minute demand measured between 3:00 p.m. and 8:00 p.m.,Monday through Friday during the premium hours of the current monthly billing period; (ii) Thirty percent(30%)of the peak fifteen (15)minute demand measured during all other the eeenemy hours of the current monthly billing period; .•. 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 All ordinances,or parts of ordinances,in conflict herewith are hereby repealed to the extent of such conflict,if any.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 c& day of JAV6A 12024. &tux_ Renee Nall,City Clerk ohn A.Haila,Mayor