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HomeMy WebLinkAboutMINUTES Light and Power Committee 1996-02-08RECORD OF PROCEEDINGS -‘Light and Power Committee February 8,1996 Committee:Chairman Dekker,Trustees Miller and Pauley Attending:Chairman Dekker and Trustee Miller Also Attending:Light &Power Director Matzke,Town Administrator Klaphake,Deputy Clerk Kuehl Absent:Trustee Pauley Chairman Dekker called the meeting to order at 8:00 a.m. REPLACE TWO METER DEPARTMENT VEHICLES -AUTHORIZATION TO PURCHASE Director Matzke reported that $33,500 exists in the 1996 budget for replacement of two Meter Department vehicles.Truck #13 is a 1989 Jeep Cherokee with 71,000 miles.Truck #15 is a 1988 Jeep Wrangler with 62,000 miles.The Fire Department has expressed interest in purchasing the Jeep Cherokee for $8,600.Two bids were received as follows: Rains Motor Pro Jeep Eagle 1997 Jeep Wrangler $13,701.15 $21,007.16 With Trade In No Trade In Jeep Cherokee $18,854.51 $20,504.29 The Committee recommends accepting the bids from Rains Motor Company for a total of $32,555.66. ETS LEASE PURCHASE PROGRAM -AUTHORIZE MODIFICATION FOR MULTIPLE UNIT FINANCING Director Matzke requested that the Electric Thermal Storage Lease Program be modified to allow customer financing up to $5,000, (approximately $1,000 per unit).Customers have installed several heaters in one location and requested additional financing.At present,the program allows 90%financing up to $1,000 per electric account toward the installed cost of electric thermal storage heaters.These are unsecured loans;however,no customer has defaulted to date Yirector Matzke also requested that a one point interest rate be charged to offset the cost of administering the program.Following discussion,it was concluded that interest should not be charged to the customer,as this financing is offered to encourage energy-efficient behavioral changes by the customers. The Committee recommends the ETS Lease Purchase Program be modified to allow financing up to $5,000 per customer for the purchase of electric thermal storage heaters 3 A2L€- PROPOSED 1996 ELECTRIC RATES CHANGES Director Matzke requested that the Residential Energy and Small Commercial Time of Day Rates be extended to year-round operation, and that a charge be developed for combined billing to customers who have multiple accounts on the Large Commercial rate.Matzke explained the current time of day rates revert to the base energy rates for the respective rate class during the months of June through September.These changes would benefit both the affected customers by providing additional service and the Town by providing a complete history on all customers.All affected customers support the proposed change.The following is the proposed timetable for implementation of these changes: 0 0 BRADFORD PUBLISHING .RECORD OF PROCEEDINGS Light &Power Committee Meeting,February 8,1996 -.Iage 2 2-13-96 Town Board to set a public hearing for 4-23-96 3-14-96 Proposed rate proposal presented to the Light &Power Committee. 3-22-96 Notice published of rate hearing and notification mailed to affected customers. 4-23-96 Town Board Public Hearing. 5-23-96 Rate changes become effective. The Committee recommends approval of the process for adoption of the proposed Residential Energy and Small Commercial Time of Day Rate and the Large Commercial rate charge for the combined billing to customers who have multiple accounts. REPORTS Director Matzke presented the Financial Reports for December. Platte River Power Authority:No report. Project Updates:Primary and secondary cable installation is 50% complete at the Grey Fox Subdivision.The Town will provide service to the Bureau of Reclamation,allowing removal of the cable in the area of the proposed fire station which will improve both aesthetics and reliability.Service to the new school bus barn is complete,and service to the new county building will be installed next week.A final workshop is scheduled regarding the Marys Lake Loop Service on February 15 at the Conference Center. 1995-96 Winter Peak:Director Matzke noted the peak for January occurred January 2 for Estes Park and January 30 for PRPA.The new winter season billing demand will be determined using the January 30 coincident peak of 16,311 kW.The department implemented the peak reduction program three days in January resulting in an estimated 400 kW reduction in the coincident peak demand. There being no further business,Chairman Dekker adjourned the meeting at 8:59 a.m. T__K1&Q. Tina Kuehi,Deputy Town Clerk *ETS LEASE PURCHASE PROGRAM.*Director Matzke also requested that a one point interest rate be added to the Town’s average return on investment to offset the cost of administering the program. Following discussion,it was concluded that the additional pointshouldnotbechargedtothecustomer,as this financing is offered to encourage energy—efficient behavioral changes by the customers. The Committee recommends the ETS Lease Purchase Program lie modified to allow financing up to $5,000 per customer at the Town’s average return on investment for the purchase of electric thermal storage heaters. APPROVED1 FEB 131996 OF ETES 30ARD OF TRbg3