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HomeMy WebLinkAboutMINUTES Light and Power Committee 2002-12-12RECORD OF PROCEEDINGS Town of Estes Park,Larimer County,Colorado,December 12,2002 Minutes of a Regular meeting of the LIGHT AND POWER COMMITTEE of the Town of Estes Park,Larimer County,Colorado.Meeting held in the Municipal Building in said Town of Estes Park on the 12th day of December 2002. Committee:Chairman Jeffrey-Clark,Trustees Habecker and Newsom Attending:All Also Attending:Trustee Gillette,Town Administrator Widmer,Light &Power Director Matzke,and Deputy Clerk van Deutekom Absent:None Chairman Jeffrey-Clark called the meeting to order at 7:30 a.m. 200312004 ELECTRIC RATE INCREASE —APPROVAL. Max KiburzlM.E.Kiburz and Associates presented a summary of the electric rate study recently completed and explained the proposed adjusted revenues,expenses,and rate increases in detail.The study recommends changes affecting all rate classes and will be implemented through rate increases effective February 1,2003 and January 1,2004. The cost to each individual customer will depend upon the type of service received and monthly consumption.Listed below is a summary of the proposed changes: Off-Peak Winter Summer Customer Energy Energy Demand Demand Charge Charge Charge Charge Charge $/Month $/kWh $/kWh $/kW $/kW Residential current Available to all residential customers $3.00 $0.06359 and residential with electric heat up to 20,000 kWh annually 2003 Available to all residential customers $4.00 $0.06663 and residential with electric heat up to 25,000 kWh annually 2004 Same $4.00 $0.07203 Residential Demand Current Available to all residential customers $3.00 $003085 $7.15 $3.93 over 15,000 kWh annually and residential with electric heat 2003 Available to all residential customers $5.00 $003360 $7.15 NA over 15,000 kWh annually and residential with electric heat (September through April) 2004 Same $5.00 $0.03663 $7.89 NA Residential Energy Time-of-Day Current Available to all residential customers $3.00 $0.08000 $0.02550 using energy storage electric space heat under 25,000 kWh on-peak annually 2003 Available to all residential customers $5.00 $0.08066 $0.02850 using energy storage electric space heat 2004 Same $5.00 $0.08760 $0.03100 Residential Energy Basic Time-of Day (NEW) 2003 Available to all residential customers $5.00 $007995 $0.06330 (September through April) 2004 Same $5.00 $0.08643 $0.06843 Small Commercial Current Available to all commercial customers $7.25 $0.06892 with demands of 35 kW or less RECORD OF PROCEEDINGS Light &Power Committee —December 12,2002 —Page 2 Off-Peak Winter Summer Customer Energy Energy Demand Demand Charge Charge Charge Charge Charge $/Month $/kWh $/kWh $/kW $/kW 2003 Same $7.25 $0.07198 2004 Same $7.25 $0.07517 Small Commercial Energy Time-of Current Available to all commercial customers $7.25 $0.08670 $0.02550 using energy storage electric space heat with demands of 35 kW or less 2003 Same $8.25 $0.08777 $0.02850 2004 Same $8.25 $0.09277 $0.03100 Large Commercial Current Available to commercial customers NA $0.02959 $9.26 $9.26 with demands exceeding 35 kW 2003 $10.00 $003081 $9.52 $9.52 2004 $10.00 $003208 $9.92 $9.92 Large Commercial Time-of-Day Current Available to commercial customers NA $002959 $002444 $10.70 $10.70 with demands exceeding 35 kW 2003 $12.00 $0.03081 $0.02545 $10.70 $10.70 2004 $12.00 $0.03208 $0.02650 $11.17 $11.17 RMNP Administrative Housing Current Available to Rocky Mountain National $3.00 $002475 Park residences which have an alternate source of power available for delivery to the EP electric system 2003 Same $4.00 $002593 2004 Same $4.00 $002803 RMNP Small Administrative Current Available to Rocky Mountain National $7.25 $003558 Park administrative service accounts which have an alternate source of power available for delivery to the Estes Park electric system with demands of 35 kW or less 2003 Same $7.25 $0.03715 2004 Same $7.25 $0.03879 RMNP Large Administrative Current Available to Rocky Mountain National NA $0.01491 $4.13 $4.13 Park administrative service accounts which have an alternate source of power available for delivery to the Estes Park electric system with demands exceeding 35 kW 2003 Same $10.00 $001613 $4.19 $4.19 2004 Same $10.00 $001745 $4.55 $4.55 Municipal Rate Current Available for municipal street,park $0.06216 lighting,and buildings 2003 $0.06602 2004 $0.07012 Outdoor Area Lighting Current Available for lighting outdoor private $5.25 areas 2003 $6.32 2004 $7.61 Wind Energy Surcharge (NEW) 2003 Available to all residential and $0.02500 commercial customers (PRPA wind surcharge plus $0001/kwh) 2004 Same $0.02500 RECORD OF PROCEEDINGS Light &Power Committee —December 12,2002 —Page 3 The 2003/2004 Budgets currently include a revenue increase of $850,000 ($425,000 each year)compared to $906,000 as outlined in the electric rate study prepared by M.E. Kiburz and Associates.Clarification was sought regarding the change and transfer adjustments,cost allocations and differentials,and completion of the 10-year projection. Concluding all discussion,the Committee recommends that the rate changes presented by ME.Kiburz and Associates be presented for Town Board consideration at the rate hearing to be held January 14,2003.A summary containing the proposed changes and public hearing information will be mailed to all electric customers and a legal notice will be published. REPORTS. Platte River Power Authority (PRPA).Adoption of the 2003 Budget,a new $40 million bond issue,and a recommendation to proceed with the Windy Gap Firming Project will be addressed at today’s PRPA Board meeting.Scheduled maintenance was successfully completed at the Rawhide Plant during a planned outage. Financial Report.The Committee reviewed the October Income Statement and graphs. Project Updates:None. There being no further business,Chairman Jeffrey-Clark adjourned the meeting at 9:25 a.m. Rebecca van Deutekom,CMC,Deputy Town Clerk