HomeMy WebLinkAboutMINUTES Light and Power Committee 1996-05-09BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Light and Power Committee
May 9,1996
Committee:Chairman Hix,Trustees Baudek and Pauley
Attending:All
Also Attending:Light &Power Director Matzke,Assistant Town
Administrator Widmer,Deputy Clerk Kuehl
Absent:None
Chairman Hix called the meeting to order at 8:00 a.m.
PLATTE RIVER POWER AUTHORITY -WHOLESALE RATE CHANGE
Effective May 1,1996,Platte River made the following changes to
the wholesale rate structure:
Previous Rate New Rate
Demand ($/kW)10.78 10.64
Energy ($/kW)0.014 0.015
Also,determination of the monthly billing demand has been changed
from the Town’s six-month seasonal coincident peak with a 100%
rachet to coincident peak demand each month in order to shift the
cost of the summer and winter peaks to monthly peaks.Based on
1992-1995 billing histories,this rate change would result in a .6%
average revenue reduction for Platte River and a cost reduction of
.5%to Estes Park.The Town’s Purchase Power Rider is available to
pass on wholesale rate increases or decreases to retail rates
without changes to base retail rates.Based on the impact of the
wholesale rate change on the most recent 12 months of energy
purchases,the wholesale rate change would have resulted in a
$129,950 increase for the 12 months ending April 1996 and a
$116,544 increase for the 36-month period ending April 1996.The
Committee recommends the purchase power rider not be implemented at
this time,but adjust operations to respond to the change in
billing demand calculation and reevaluate the impact of this change
in September 1996.
RECORDING PRIMARY AMMETER -AUTHORIZATION TO PURCHASE
Director Matzke explained that the 1996 Light &Power budget
includes $5,500 for the purchase of a Metrasonics recording primary
ammeter.This ammeter is portable,can be temporarily installed on
high voltage lines to take readings of current loading,and can be
connected to a computer to graph the readings.This equipment
would supplement a recording ammeter currently used,and can be
upgraded as needed to include power factor recording.Director
Matzke explained power factor rates and the benefits of the
requested ammeter equipment.After further discussion,the
Committee recommends the purchase of a recording primary ammeter,
Metrosonics Model fk-pf-1,field kit for $4,995.
REPORTS
Director Matzke presented the Financial Reports for March and
Energy Purchases and Sales for April.
Platte River Power Authority:Assistant Administrator Widmer
reported that at the April Board Meeting,Platte River reviewed
debt management,financial plan goals,and benchmark±ng.Asst.
Administrator Widmer was elected Chairman of PRPA.
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RECORD OF PROCEEDINGS
Light &Power Committee Meeting,May 9,1996 -Page 2
Project Updates:Director Matzke reported that the Light &Power
portion of the Highway 34 widening project is in progress which
includes street light conduit installation,relocation of some
facilities,and temporary reconfiguration of power to some
locations.The Scott Avenue Circuit Tie was completed in March.
The Long Range Plan draft was presented to Staff on April 23,and
the final presentation to the Board of Trustees is anticipated June
11.
Director Matzke announced that a tour of the Light &Power
facilities will be conducted Monday,May 13,meeting at 9:00 a.m.
at the Light &Power offices.
There being no further business,Chairman Hix adjourned the meeting
at 8:50 a.m.
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Tina Kuehi,Deputy Town Clerk
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