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Home My WebLink AboutPACKET Light and Power 1993-08-12AGENDA Light and Power Committee August 12, 1993 10:00 a.m., Board Room 1. 1993 Electric Rate Study Update and Timetable for Proposed Rate Changes 2. Prospect Mountain Proposed Lease Agreement 3. Reports A. Financial Report B. Project Updates C. Platte River Power Authority NOTE: The Light and Power Committee reserves the right to consider other appropriate items not available at the time the agenda was prepared. 1. TOWN OF ESTES PARK August 11, 1993 OFFICE MEMORANDUM TO: Light and Power Committee FROM: Richard E. Matzkej'<-67)t SUBJECT: 1993 Rate Study Update and Timetable for Proposed Rate Changes The Town contracted with M.E. Kiburz & Associates in March this year to perform an update of the 1991 Electric Rate Study. The Scope of Services included the following: 1. Incorporate the new PRPA seasonal rate into the Town's base electric rates. This would reset the Purchase Power Rider to zero and index future Purchase Power Rider calculations to the new PRPA seasonal rate. 2. Determine appropriateness of the Town's current seasonal demand rates and demand ratchet clauses, and evaluate the need to modify rate schedules with time of day demand rates. 3. Develop a Residential time of day rate with no demand charges. 4. Develop a Security Lighting Schedule. Attached is a draft submittal from M.E. Kiburz & Associates addressing item #1 above. Also attached is a summary of the Town's current electric rates and the proposed changes in the draft. This material is provided for information and does not contain a recommendation. Following is a timetable for consideration and implementation of rate changes: 9/9/93 Present final rate study and recommendations to Light and Power Committee. (Rate cbnsultant attending) 9/14/93 Town Board set public hearing for consideration of electric rate changes at regular Town Board meeting on 10/26/93. 9/17/93 Publish notice of public hearing with proposed rate schedules and mail notification of public hearing with proposed rate schedules to electric customers. 1-1 . , Page 2 10/26/93 Public hearing to present rate study and recommendations. Consider ordinance to adopt rate changes. (Rate consultant attending) 11/29/93 Rate changes become effective beginning with the first billing cycle following 11/29/93. REM 1-2 M.E. KIBURZ AND ASSOCIATES 2 Consulting Engineers 443 Sugarloaf Mtn Rd Boulder, Colorado 80302-9639 (303) 442-6450 TELECOPY 303-442-7472 August 9, 1993 Mr. Richard Matzke Town of Estes Park Light and Power Department 170 McGreor Estes Park, CO 80517 Subject: Preliminary integration of PRPA's wholesale rate changes into Estes Park retail rate schedules. Dear Rich: Please find attached preliminary analysis supporting retail rate changes to integrate the cost impact of the April 1992 and 1993 PRPA wholesale rate changes. The Exhibits A through C support the following rate class revenue impacts for the test year statistics for the twelve months ended March 31, 1993. Revenue Proposed Change Rates Residential ($48,272) ($48,369) Residential Dem. ($8,081) ($8,020) Residential TOD ($15) ($14) Gen. Ser. Small ($27,227) ($27,270) Gen. Ser. Large ($14,551) ($14,545) Municipal ($2,147) ($2,149) Total ($100,293) , ($100,367) As we have discussed the above results may change depending on the General Service Large billing demands without the 60% ratchet and changes which may be proposed to time of day rates based on new system load data. Exhibit D shows a comparison of the current rates with a rider of ($.00118/kWh) and the proposed rates without a rider. The only schedule with significant change is the Residential demand schedule which changes because of the affect on the seasonal demand rates. 1-3 Also attached is a copy of the proposed rate schedules with the proposed rates and other changes shown in hand writing. I will be continuing to check and up date the attached and preparing a security light rate schedule. If you have questions or require additional information, please give me a call. Sincerely, illtrll<Fit.f.'..= Max Kiburz f-- ~ attachments 1-4 N E FC- 2 g N N ID 4- C) 3 C\!. U~- p- N- h * 01 0 01 N r- 00 1-1 u> 0 - r 0 r. ,- CO OI CO f 4- h 09 1--1 0 â‚¬6 Q CY)_ eli =t. tO CD C\11 r Â·r- r- WIN U} 0 U> Eeg C) 00 86 RE El W_ R R 1-1 GR O 4- C) 10 LO Ar E E~ Ne -gte 2%21 2 0 CO E re C) M Cl Â¤1 91- co 9 93 C 04 <C 0- <0 4- N 0 1--10 CD 4- 00 -1 4- Er u ca col CO 1 -1 tri I - 4 0 M 0 0 OONNCOLOCO Â£ 1-2-~82212 lo 4 CO C\.11 1'~ - N 4- rrlcD lO 1 v,1 1~- 0 0 N C) xr 01 0 CO m - 3 5 12 in CO 06 06 ~ 3 gnR 3 ' 1- in 72 &82 Residential Demand $2,497 ($16,585) ($14,089) $6,008 (($8~81) Demand Demand Demand ~lemy 71 &81 Residential $14,414 $31,191 ($91,521) $1 058 ($77,108) $28,836 73 &83 Residential TOD ($71) ($56) E'ED$) 99'68$) (gEe'ZDS) 9EE'ELS 11ELUS 30!Ales leiGUeD *8 ) (062'LLLS) (EEK'99LS) 8'Â£Â£$) (089'82$) (OED'BES) 96181 80!AleS leJeweE) 98 SE-17$) (896'ES) 1 d!0!un Allocation of PRPA's Rate Changes (1) Test Year - Twelve Months Ended March 31,1993 TOWN OF E Winter 3 1!q!4x3 woll ele siojeoolle ifieue pue pueulecl ( L) 8/W93ESTRID.XLS (2) From Exhibit B. Â»134 1 gg LOG) 91- O 0 01 00 CO 31 95 d -al n h. ec- -1 1 0 09 01 00 0 0 0 h co 8 H| 01 : 0 121 9 O 0 0 0 0~ OPICD M ON CO 8 N cn U LO M CO (0000 12 2 EZEZ M 00- c E r 9 u EU E 2% M 2 0 10 4 D r- JÂ·r-U) 11 G) in 9,0 4 U) U> te 0 S O C '. 09 Z 2 fi (0 CO Rob L.1 CO ple)00 ., Ri ... o 01 OecD 21 tri CO (DI ca u- 01 a)1 1.r- Cl CD .E~ 5 5% 2 -El co 21 woo RI q CD f & R 0- 0 â‚¬4 - -r- â‚¬6 â‚¬4 E E m ME 8 m .a- E 2 2 0 0 0 2 6 vo 1 2%5 0 E E E SE E co a) CO H du-11- 3 OLLIH- E O 0 1-6 434, 1b SE~yz, =611 21 LS Nits SJEipa | -~rb,*~- (061149) LE L'ZES 2--=g ESTE PARK Test Year - Twelve Ended March 31, 1993 4 (20%$) tf99 LS) 0D8'99$ Sielloa lejol Billing Units Summer Demand (KW-Months) 87,763 Coin. Demand (KW-Months) 66,216 Energy (kWh) 48,379,218 40,994,900 89,374,118 EXHIBIT B Dollars (Old PRPA rate $1.40/KW and $.0132/kW rate $10.78/KW and $.014/kWh) 'Mied sels3 Aq pep.Aold elep pumuap luappu!00 leuo!1!ppe pUB sao!0All! vdbld U.101:1 (0 Basic Data: nergy Dollars otal Dollars :selou1003 b CD (D 4 0) 2 00 32 32 *gg 01 0 0 9 - O Co 00 1 0 0 0 10 0 1- 2 4 2 8 N- g Lri â„¢ W 0 2 12 too N Ul ID 4- ge gged 00022 ~, C) CD CD al NP :V gbe O - 4. F. u J .1 A (0 00 4 4 06 h C) Ui NMA M LO It CO 2 0 0 4- N f w 32 2 CO C) 32 9 32 0 1-(3)2 8.PAa O Er ' I 00- N r 5 oo Co cO " NÂ· 9- A 00 bâ‚¬ 12 2 2 - ID ID If) 2- 0 0 h u, c) LOG) 4 0 t25 Ari CD . 9 " W LO - CO .I. 2 g 9 0 0 E 2 2 % S y 0 1 0 - .0 0 - C go ~0 E < (0 0 7 CD Z CDÂ». U) IL -C -0 2 23 ro Q) MEN ~f - co 00 - O 0 h o 0 CO N Lo KON h 0) 4- (9 6- a) C n 5 14 5 5 3 0 LU Nall O LU Z 1-7 EXHIBIT C Page 1 of 2 PRPA Measured Demand KW-Months 94,483 Estimated incident -Months 53 17 6 15,996 95 4 4 092'29 k Z88'E 0*8'82 Â£ 89 sqluozl-M>{ lau Rate Class 71 &81 72&82 TOD 74&84 75&85 76&86 Total Max. Seasonal KW-Months 111 32,736 28,564 4,104 1 7,7 9 LE'99 pejnseeIN Vdbid Factor 38.3796 10,829 1,342 51.93% 44.79% 4~5 ~ 10 0.07% 18.8 3.04% 100.0 98'99Z 98992 Â£8 38'9EZ sse~ alubl 9Â£9'0# 622' L 96Â£09* %88'LS %9998 %EL. %8093 9'6Â£ %00'99 %0019 %00179 %00.8, %00.8, L)Sioloed 1 (73) L 2172: 23 %*ov % 10.9+ % - 101BoollÂ¥ 11!o puosees %00'OOK %9VE %80.0Â£ %Â£2'98 - Jowooilv X6]au3 Coincident Demand and Energy Allocator by Rate Class Twelve Months Ended March 31, 1993 TOWN OF ESTES PARK Coincident Factors(1) 48.00% 53.00% 48.00% 56.00% 5 0.06% 18.5 'SeA.InO JO;OB:I peal SnS]aA Joloe:I eouep!0U!00 ed*~L Xleg UO peseq Joloe# lueppu!00 (t) Winter Season Summer Season 8/W93ESTRID.XLS 3 O1 1-, 1 RE i % m 3â‚¬ 09 4 CO 0 01 CD LO CD Y 1 - 2 h -9 - 01 (D CO 04 2~ - 29. A M =0 9 h i Eg Z g Z .. C\1 ti A O. 0 4 M E @ES W - 2 YE 0- Z G 5 m * 1 11 ~: Ng :-3 g 01 44 5 1 14 CD Lf) C') CD 00 h 1-0 2" 00) wo-to M 01-4- un 00 4- Câ€¢- â‚¬*21 2%20 10 Nncyh 01 - W (0 209 5 m Â·r co N 91 :2*GAGE OWE J r # 1 01=m 1- ~ -1 N Cy O 4.N ,- M Z& tE (00(1-0 JniP h - {d il m 282-*GUE Â§f ~~ G (D t.04Â· C) LO (D Ul w u, CÂ·i pi * 6 4 3 . 132Â·5 EN *32% 23= câ‚¬ -4 K LU 2Â· @ 1 > 2 0, 0, 3 58 8 CO M to 0 Lo â€¢- - ~ Url CU CO rt 01 0 â‚¬2~ 29~~- a) M â€¢r- 1- 2 3 a) A SEE MigE :(21 0 T 2 +2 uD m M J O E E 0 1-8 IL- 580.SESS Page 2of 2 71 &81 esidential 2,251,798 2,335 9 2,331.047 2,568,391 2,177,816 2.697.346 3,535,823 4,042,873 3,77 450 2,932,904 14,904.584 19,158,212 34,062.796 72 &82 esidential d and 29.395 452,528 414, 6 283,155 334,046 316,837 547,800 854,626 986,119 792,884 2,558,503 4,496,642 7,055,145 73 &83 Resid 603 2,693 2,076 1,933 1,936 3,637 6,403 5,601 16,856 31,088 47,944 74 &84 Gener S rvice Small 016 1,224,796 1,5 5,833 1,866,565 1,871,512 1,455,427 1,417.034 1,478,560 1,639,117 1,295,678 1,052,642 9,602,278 8,338,458 17,940.736 75 &85 G 6,110 1,564,457 1,8 9 39 2,431,558 2,307,663 1,877,825 1,777,769 1,881,086 1,889,154 1,882,845 1,520,636 12,174,555 10,829,315 23,003.870 76 &86 M -pal 7.586 219,338 171,195 174.245 159,439 190.967 244,746 271,587 241,231 233,854 1.278,972 1.341,824 2.620.796 8,244 5,715,610 7,085,596 7,257,790 5,989,280 6,634,553 8,001,244 8,835,589 8,196,352 6,538,521 40,535,748 44,195,539 84,731,287 March Summer Winter Total 11 709 1 19,010 21,736 22,449 15,768 81,561 105,657 187,218 Z66' LE *25'9 L SEt'St SELE 99 LE 6t68 .SE8g 96Z 1 E6t,E 88,3 (E) puewea le!,ueplsay Ze, EZ 421 89 88 6 a01 latu@Pisaw 889 EL EZE.OZ 9EZ*EE 98*'LE 8,0., 609'9 562'9 S Â£29.9 689'9 ZEk'Z 99 L'Z (4) 111?lus eolues IBJ@UeE) *89 DZ *02'LS *99'92 0,9,98 008* 999, t,Z9, 8Z8, 699* *66t Lots 9909 6%* (s) 8612-1 90!Nes lei 39 98Â¥ SZ 166'L tot'* 288'E 969 9Zt Sg9 (9) led!01 nw 9919 92 900'SSE 9*Z'Ze L 098'29 1 29*'91 609'98 Ut'98 991'EE Sss' 93 ALS'+8 Itt'oc ZEZ'ZE 5 62Vt,g 181'OZI 60Z'Z8 ;61:r 27 LSÂ£9 1 33 22 . 895Â·81 8Â£6'81 9/CE: 689'81 923'ct plteulaC] Vdbid painSEa~ %26-Zt %9/.9. %St'/9 %17 May Sept. Oct. Nov. Jan. Feb. March Summer Winter 1992 , 1993 (1) Ur %96 Zt %LE'917 969 L *S aouaplou!00 ESTIMA LY E ERGY kWh 'ssep eleJ s!4; u! s;aluoisno 199519 a JO; Spuelltep paJngealll UO Â·wedul! lallowl alll JO aNSnpx@ 919 pUE 41Uout auo Aq elep 20!OAU! 841 Bel spueulap Vdbld pei 'Ssep aleJ s!41 JOi Ato Ulap pain SBallt S, U,Aol UIOJ:] JOpe; Peg 41Uoul %9% u Buitunsse pawum q pap!Aold map Buill!q LUOJ:I 'JOPE; peol *14}uoul %9, 8 5u!u.Insse pale 8/9/93ESTRIDXLS luoul B Bult.unsse paleul!;s3 71 &81 Residential (2) LU LU AN # 0 00,- (N 32 32 BE O U) -r-009-0 00 LO O O 4 4 CD # CD LO co 1.0 0 W - Egg - 4.00 444 - LU Z C)Cohoo(DO 32322322322 W r- 0-) 0-) N UJ < (900Noor-or- z or =1- CD - 00 0 9 1- co m o c> NOMN# .-r 1 1 2 2 09 0 O h CD 00 3â‚¬320~32323â‚¬ C) OlD Â·Â· Â· Â· het.00091-91-LO hOOMNION M OOD N -tON--N 5% < <.LO C) â€¢- < 00 Z Z 11 9 Z CO h co I O m C) 03 N CD 001.000hr MLO ONCON 12 r- N r- r- 1- U) Ill Or J IJ tJJ g ff <g<C 00 SZHOO oc or D Droce LU LU 5====*W 2521* <<zzzaa 4 0 0 F:g<<<00 500 ZZ66JUO UJ J LU LUU-ILLI UJ U-1 -1 00000= 00<22 - c LU U.1 J < em= 0%6 m = 0 -1 oz oz oc m oz U) TYPBILL.XLS 8/12/93 013' Â£6 'SA M 16 'SA M3N L 6 'SA Â£6 %-VE.0- 96*9.17 RESIDENTIAL(SUM) 21.55 22.15 22.08 ($) 27593 1449.50 1416.94 1432.5 PURCHASE POWER RIDER (4/92) -0.00118 RESIDENTIAL 34.75 35.11 34. PARK LIGHT AND POWER DEPARTMENT MONTHLY MONTH 1991 Apr-93 RATE RATE RES DEMAND SUM 76.12 72 27 6. ATE CHANGE IMPACT COMPARISON PURCHASE POWER RIDER (12/93) DEMAND WIN 122.22 1 1 7. TOTAL 100.31 1 93.12 1 1. 1. 39hlÂ¥1 0(000000 - 8 ~Â£! â€ž: ~ i Le Ng@29(0 "- r- 1 *RgggE 2%**%8* RAM*%1215 AI :8Â£28 r 06 06 0 0 0 O N 00 1â€¢~ (D to -gul< 0 g 0 8 T - 0 0) 1-TE=:c\1 *9 8 2@0& m aqmmghtng R 10 M Z 32 LO 00 0 f 10 00 O If) ~M ~ Tra CD 2* 8 800 MNWRIEN 8-59 * 2 g to 059 â€¢ 9 sm 03200(0 tO O (D N be h (D LOOCON.9(99 M m 2 3% g & (9 E al (9 26 CD h Â§48/EN A 6 6 M 0 (9*0(\!210 N 9 9 4-9 r-- O 65 W (9 I Neo. @RRgy* r R (\1 09 6 r (D 1-*NOO-rLD 8 m 2 2 %! 5 LO O CO N 4 4- O LOOCON.0(DO r " CO O (0 i g Â§ M.St 388%4# N r 09 â€žâ€ž9 Â§812028 93 WNSÂ£ W 9 9 W Umbew M Â§*Re140 **391<6 P r< 4 1 h N C. ,< co ro o ui 92 4 .23(0 '7 Â§88g~* -,8&}363}S Â£UC#%~/632& 8EK O h T 10 O If) LO f ON to O If)10 A O V NgcooN r Lo (D Â· . 4, -- - 7=*r m 2&52&8* EDO N r h N 1.DOCOG).ort 1088@hent 888Â£96 g - N N N 0 06 322*Mu 32Â§*44 M N N M Â° Ci "" 9 9 9 O @EMUUE LOTpis?3691 LO to N 00 12 M (01 0 V ./ U-! E 0 Â©O 6! 9 0 W~*5~# 6-Emwo~ - 0 2 9- 9 e O bR O u) O W N 32 M O in E ~RE MS Al G.1 ~~g~ Obo 0900 (9 Lri er O LO C'i ai 0 4. N ANOO 6 to lf) c,j - #Ced ' 0 P 3 M 0 2 8 .2 % O â‚¬0 & 019 : 0 -O 0 Â£ p 0DO 0 0 rl Lr) 3 (D LO LO â€¢ r V- 9 9 w # W O Â©Ci 0 8 0 lo (D /0 - - 1 CO E e c 0 EmcO 81 E $ E E O 0 0 bo 61) O CD ~E5y~ 2 ~8252Â°~0- rn**~P~~i *5 ol te~ ~ 502 0-00- 1-9 00 99.ESE ot'-091. Page 1 of 2 99'62 k S pasodoi L- 86uew /6 k17'0- %KE'0- @SUB40 lueOJ TOWN OF ESTES P 14.14 t,L't,L 4MM/slueo pasod Typical Bills Present and Prop Minimum dential Demand Winter esidential Demand Summer Ilews 80!Ales plal.Jag UlnUJ!u!01 e6ue4O .re1100 ential 86ue40 mil 4AA>Uslueo pas liar Change 0 0 CO 39 0 0 ~0 *aWN m .r 3 0-1 0 LO If) 2~ES ~ tn ki rn ef U) E 52 8 8 g88 24Â£8 2.58 0 CD PiM lo LO O 1.- Lo in A N r- 12 5&10~gl Â§82Â£2A 00 05 A-uri LO Ci O lf) t Q (960 R*&1813258 O O N V N N M LO M O 8 0 M go AN Â¥- C) NI<860 N~ ~Lf) O 6 a&.9-0 ' T- V Un rd o E Â£ 8 m - I co N 20 2=Wa O 0 CD \2 0 N 08 ALO 8 3 r-Egulow A v E 8 CE Ova RE: 224 %W*Â£giN m O O A Lri Ui WE d M R Gi , OV- &1Â£821 M o LO h CO O AcÂ¥) r- r. CE) (D Â· CO Â· 0 Ci O r(061000 0 U. Lo if) 10 0 0 0 00 0 60 0 & 0 -O 0 'l 16 - -~~}-E~ i W i 0 8 1 A-2 @ E a Mi 8 2 1 0 1 5 a: I e q ~t {D 13Â£ to- - Di r 2 .g E L 2 c a,k = m 1-10 00-0.00_ (COLLIO V, .9 m m pasodoid lualino pesodoid pasodoid ll.lazin3 20 pasoded lue.lin3 61~2 760.40 1,629.42 3,540.09 4 345.13 Residential Gen Ser Small e Municipal 9 LE90'0 962900 69620'0 2920 0 26990'0 tvozo'o 99080 0 69690'0 LOS90'0 eL LOOD- - 9LLOO-0- 9 L [000- 9 L 100'0- 8 L LOO'0- TOWN OF ESTES PARK Page 2 of 2 695.11 1,651.53 3,540.06 27375 32850 Typical Bills Present -0.01 General Service Large ercent hange nts/1<Wh sed Cents/1<Wh Jell]Own APPENDIX A 4 140(1 0 gl- l Cl Ci-â‚¬3 Proposed Rate Schedules Rate Page 1. Residential Service 1 2. Residential Service - Demand MeterÂ©d 2 3. Residential Service - Time of Day 3 4. General Service Small 4 5. General Service Large 5 6. General Service Large - Time of Day 6,7 7. Municipal Service 8 8. Purchased Power Rider 9 1-11 ' ELECTRIC RATES RESIDENTIAL SERVICE APPLICABILITY Applicable iii Estes Park servicd territory. AVAILABILITY This schedule is available to residential consumers for all domestic uses in individually metered single-family private dwellings or individually metered apartments except new electric space heating consumers. Effective January 1, 1994, existing consumers in this schedule having electric heat as a primary or auxiliary energy .source for space heating with annual consumptions greater than 15,000 kWh will be transferred to the Residential Demand rate. This rate is not available for resale service. MONTHLY RATE Customer Charge $3.00 Energy Charge per kWh $ .95Â§06 . 0 6359 MONTHLY MINIMUM BILL The Monthly Minimum Bill shall be the Customer Charge. PAYMENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. CONDITIONS OF SERVICE Service provided under this rate schedule shall be subject to all Light and Power Department general and specific Rules and Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 1-12 1 ELECTRIC RATES ' . . RESIDENTIAL SERVICE - DEMAND METERED : APPLICABILITY Applicable in Estes Park service territory. AVAILABILITY This schedule is available to residential consumers having electric heat as a primary or auxiliary energy source for space heating in individually metered single-family private dwellings or individually metered apartments. This schedule is also available for those residential consumers who do not have electric heat as a primary or auxiliary energy source for space heating, but whose annual energy consumption is over 15,000 kWh. This schedule is not available for resale service. MONTHLY RATES Customer Charge $3.00 Demand Charge per kW of billing demand: Winter Season Oct. 1- March 31 $100- 7./ 5- Summer Season April 1 - Sept. 30 $540 3,9 3 Energy Charge per kWh ' 1,93' . 03085 DETERMINATION OF BILLING DEMAND The billing demand shall be determined by suitable meter measurement of the highest 15-minute integrated demand occurring during the monthly billing period. MONTHLY MINIATUM BILL The Monthly Minimum Bill shall be the Customer Charge. PAYMENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. CONDITIONS OF SERVICE Service provided under this rate schedule shall be subject to all Light and Power Department general and speci fic Rules and Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. PURCHASED POWER RTDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 2 1-13 Â· ELECTRIC RATES RESIDENTIAL SERVICE - TIME OF DAY APPLICABILITY Applicable in Estes Park service territory. AVAILABILITY This schedule is available to all residential consumers whose annual energy consumption is over 15,000 kWh. This schedule is not available for resale service. MONTHLY RATE Customer Charge $3.00 E,c< Demand Charge: On-Peak Period: All kW of Maximum Demand in Winter Season (10/01-03/31) $8.00 g,CO the Billing Period per kW . Summer Season (04/01-09/30) $6.00 6,co Off-Peak Period: All kW of Maximum Demand in $3.50 3.03 excess of on-peak kW in the Billing Period per kW Energy Charge: On-Peak Period: All kWh used $ .03 ,03 On-Peak in the Billing Period, per kWh Off-Peak Period: All kWh used Off-Peak in the $&925< , 029- Billing Period, per kWh TIME OF DAY HOIJRS The on and off peak periods are defined as follows: (a) All hours from 12 midnight to 6 a.m. and from 10:01 p.m. to 12 midnight are off peak. (b) All other time periods are considered On Peak hours. MONTHLY MINIMUM BTLL The Monthly Minimum Bill shall be the Customer Charge. pETERMINATION OF DEMAND The billing demand shall be determined by suitable meter measurement of the highest 15-minute integrated demand occurring during the monthly time of day period. ' PAYMENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. CONDITIONS OF SERT'ICE Service provided under this rate schedule shall be subject to all Light and Power Department general and specific Rules aod Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. Any account requesting service under this schedule shall be required to remain on this schedule for not less than twelve (12) months. PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 1-14 3 .. r ELECTRIC RATES GENERAL SERVICE SMALL APPLICABILITY Applicable in Estes Park service territory. AVAILABILITY This schedule is available for business lighting and small power loads of 35 kW maximum demands or less. All service will be supplied only through a single meter. This service is available at single or three phase at the established voltage of either the Town's primary or secondar) distribution system. Effective January 1, 1993, residential consumers in this schedule utilizing electric space heating with annual consumption exceeding 15,000 kWh will be transferred to the Residential Service - Demand Metered rate. Effective January 1, 1993, residential consumers in this schedule utilizing electric space heating with annual consumption less than 15,000 kWh will be transferred to the Residential Service rate. This schedule is not available to new residential consumers. This schedule is not available for resale service. MONTHLY RATE Customer Charge $7.25 Energy Charge per kWh $ _.03044 , 04 29 2 MONTHLY MINIMUM BILL The Monthly Minimum Bill shall be the Customer Charge. PAYATENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. The foregoing schedule shall be net where service is metered at secondary voltage of the Town's distribution system. Where service is metered under this schedule at primary voltage, the consumer shall receive a credit of two percent (2 %) of the monthly bill, less the Customer Charge. CONDITIONS OF SERVICE Service provided under this rate schedule shall be subject to all Light and Power Department general and specific Rules and Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 4 1-15 .. ELECTRIC RATES ' 1 GENERAL SERVICE LARGE APPLICABILITY Applicable in Estes Park service territory. AVAILABILTTY This schedule is required for electric lighting and power requirements of consumers having maximum demands exceeding 35 kW in any two (2) consecutive months. All service will be supplied only through a single meter. This service is available at single or three phase at the established voltage of either the Town's primary or secondary distribution system. This schedule is not available for resale service. MONTHLY RATE Demand Charge per kW 9.06 Energy Charge per kWh $ -02875~ , 02-9 97 DETERMINATION OF BILLING DEMAND The billing demand shall be determined by suitable meter measurement of the highest 15-minute integrated demand occurring during the monthly billing period, but shall not be less than the Monthly Minimum Billing Demand. MONTHLY MINIMUM BILLING DE, IAND 60% of the highest demand established during the immediately preceding months of November through March. MONTHLY MINIMUM BILL ' $9.65 times the Monthly Minimum Billing Demand or $55.00, whichever is greater, plus the monthly energy charge. PAYMENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. CONDITIONS OF SER;1CE Service provided under this rate schedule shall be subject to all Light and Power Department general and specific Rules and Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. The consumers shall be required to properly balance their loads. If the power factor during the time the billing demand is established falls below 95 % lagging, adjustment may be made by increasing the measured demand for each month by 1 % for each 1 % or major fraction thereof by which the power factor during the billing period is less than 95% lagging. The foregoing schedule shall be net where service is metered at the secondary voltage of the Town's distribution system. Where service is metered under this schedule at primary voltage, the consumer shall receive a credit of two percent (2%) of the monthly bill for service. Where service is taken at the Town's established primary voltage and the consumer furnishes the transformers and substations converting to secondary voltage, the consumer shall receive a credit of four percent (4%) of the monthly bill. Any account requesting service under this schedule shall be required to remain on this scbedule for not less than twelve (12) months. PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 1-16 5 . 1 I ELECTRIC RATES GENERAL SERVICE LARGE - TIME OF DAY - /ljo 603 4"le /1 APPLICABILITY Applicable in Estes Park service territory. AVAILABILITY This schedule is required for electric light and power requirements of consumers having maximum demands exceeding 35 kW in any two consecutive months. All service will be ; supplied only through a single meter. This service is available at single or three phase at the established voltage of either the Town's primary or secondary distribution system.- This schedule is not available for resale service. MONTHLY RATE Demand Charge: On-Peak Period: All kW of Maximum Demand (including Power Factor $10.70 Cost Adjustment) in the Billing Period per kW Off-Peak Period: All kW of Maximum Demand (including Power Factor $5.35 Cost Adjustment) in excess of On-Peak kW (including Power Factor Cost Adjustment) in the Billing Period per kW Energy Charge: On-Peak Period: All kWh used On-Peak in the Billing Period, per kWh $ .02875 Off-Peak Period: All kWh used Off-Peak in the Billing Period, per kWh $ .02444 TIME OF DAY HOURS The on and off peak periods are defined as follows: (a) All hours from 12 midnight to 6 a.m. and from 10:01 p.m. to 12 midnight are Off-Peak. (b) All other time periods are considered On-Peak hours. DETERMINATION OF BILLING DEMAND The billing demand shall be determined by suitable meter measurement of the highest 15-minute integrated demand occurring during the monthly time of day period. MONTHLY MINIMUM ON PEAK BILLING DEMAND 60% of the highest demand established during the immediately preceding months of November through March. 6 1-17 - MONTHLY MINIMUM BILL $1'6.70 times the Monthly Minimum Billing Demand or $55.00, whichever is greater, plus the . monthly energy charge. PAYMENT The above rates are net. Bills for electric service are due and payable within ten (10) days subsequent to mailing or delivery of the bill. CONDITIONS OF SERVICE Service provided under this rate schedule shall be subject to all Light and Power Department general and specific Rules and Regulations and extension policies and such rules and regulations as set forth in appropriate tariff sheets on file. The consumers shall be required to properly balance their loads. If the power factor during the time the billing demand is established falls below 95 % lagging, adjustment may be made by increasing the measured demand for each month by 1 % for each 1 % or major fraction thereof by which the power factor during the billing period is less than 95% lagging. The power factor adjustment will be applied independently to both On-Peak and Off-Peak metered demands. The foregoing schedule shall be net where service is metered at the secondary voltage of the Town's distribution system. Where service is metered under this schedule at primary voltage, the consumer shall receive a credit of two per cent (2 %) of the monthly bill for service. Where service is taken at the Town's established primary voltage and the consumer furnishes the transformers and substations converting to secondary voltage, the consumer shall receive a credit of four percent (4 %) of the monthly bill. Any account requesting service under this schedule shall be required to remain on this schedule for not less than twelve (12) months. PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 1-18 7 f . ELECTRIC RATES i. MUNICIPAL SERVICE 1 , APPLICABILITY 1 Â¥ Applicable in Estes Park service territory. AVAILABILITY Available for municipal street, park lighting and buildings as provided to the Town. MONTHLY RATE All kWh used per kWh $.06298~ 0 04,2/4 PURCHASED POWER RIDER This schedule is subject to the conditions set forth on the Purchased Power Rider. 1-19 8 , ELECTRIC RATES . PURCHASED POWER RIDER APPLICABILITY Applicable in Estes Park service territory to all Electric Rate schedules. PURPOSE This schedule is to pass on the estimated cost change resulting from changes in the Platte River Power Authority base electric rates which are applicable to service to the Town of Estes Park. METHOD OF DETERMINING THE RIDER Formula for determining the Purchased Power Rider: Purchased Power Rider = (New PRPA Rate Cost - Current PRPA Cost) kWh Sales Current PRPA Cost = The most recent 12 months cost of power purchased from PRPA by the Town of Estes Park estimated using the rates in effect January 1,199/0 A Ape#L- kWh Sales . = The electric kWh sales to the Town's customers for the same 12 month period as the current PRPA cost. New PRPA Cost = The calculated cost of power assuming the power purchased for the same 12-month period as used for the current PRPA costs and the proposed PRPA rates. The purchased power rider shall be calculated to the nearest one-hundredth of a mill ($0.00001) per kWh. The electric rate schedules with demand rates may have the purchased power rider spread between the energy and the demand rates. The demand portion shall be set as $/kW. 9 1-20 I . I 1993 Electric Rate Study Draft Changes , CURRENT* NEW Residential Energy $0.06383 $0.06359 Residential Demand Energy 3.93~KU) (9'2 0.02882 0.03085 OV 50 Demand-Summer 5.00/KA) Demand-Winter 7.00 H 7.15 0 1 #P P Residential-TOD Energy (On peak) 0.02882 0.03 Energy (Off peak) 0.0255 0.025 Small Commercial i Energy 0.06926 0.06892 Large Commercial Energy 0.02757 0.02959 DP' 0 Demand 9.65 9.06 i Note: No change to customer charge in any rate class. * Current energy rates including $0.00118 Purchase Power Rider reduction 1-21 1 AAN W31SAS 3a-1 Â£6/L L/8 030 AON 100 d3S inv 1nr Nnr AVIN HdV BVIN 83=1 NVr TOWN OF ESTES PARK PURCHASE POWER - DEMAND 17,000 - 1991 1992 -2- 1993 9391KW.XLC 19,000 - 18,000 - 16,000 - 000'9 L - 000'17 L - 000'EL - 000'Z L 000'LL a). r- 01 0) M 0 1 CD CD CD Tr- r- r U M [1110 ~ AON F EBEN: 5.:77 23.8.....:SE d3S =Â©*45*80=.ke.:4:'6? **22*Â§.:p@*.*Â·.:3%0*2921 DAV WQI]01*, m ill a ill Ul t 111 ill tlt m l l UUU LLUII:~.:r~[WELJ:Il~ ~1*42202*2*0&0**42Â§Â£*{28%8* 1nr 011 Ill Ulmillmilmlimlijil~11-limlmillmlWWJ14 222~3122.1:2**=aaa@ Nnr l il i lilli 1 !E ll !&11,11 1 Â® 11111 [11111 I l]111!11 &9:9&5*NE&&584/&/8$91 AVIAI ~ allill)IllilllIHIHillIlllII!!1!111[1111!111!111!11!U &5#*.f':f:*bE*' Hdv m]11111[11111!1111111 m J! 11111]]1J1#JUID]]]]L- Lj] JR-L BVIAI 1 . ~1~11'muminf -151"NE [1-RRE t- _f- _1[_-2/~~-- I-!W fi ff-~f- -1]JE- lin --r -- J L Â· ....... 2-- a. #65:--1 :-2.1-=.i -1*20*= EW --5 -I- UE-id NVT 1 1 HMM INEUSAS 3a-2 9391 KWH.XLC 8/11/ 3. TOWN OF ESTES PARK PURCHASE POWER - ENERGY 9,500,000 - 9,000,000 8,500,000 - 8,000,000 - - 000'009'L - 000'000'L - 000'009'9 - 000'000'9 000'009'9 ! 3 ' ; r. 1 00 1 1 -I 33a AON 100 - i d3S > 1- OZ DC O 2- DAV LU Â» 100 B'*269*45/44'*,%*ae#~1:.~1&%~WIN .0 inr LU 1- 1 1*444'11 &444-4; 4444'6%'Mil'**44Â® Â· NAr : AVIN 0 < k ?$40160200,19-*N: HdV Wr&(41Â£Â£4 42#9,. j'i'., UVIAI ' t,941~,j . 833 ~2 Nvr HMN VU31.SAS 3a-3 Â£ 1991 O 1992 Â£66 L m TOWN OF ESTES PARK PURCHASE POW CUMULATED Y 9391 KWHA.XLC 95,500,000 - 85.500,000 - 75,500,000 - 65,500,000 - - 000'009'99 - 000'009'917 - 000'009'SE - 000'00991 - 000'009'9 L 1 i 1 1 000'009'9 I . 1. 0. LO m CO CO CIO , 1 4 - 03G AON 130 %-- d3S inv ~13FB~32*99*Nearrperm'Trienememerrere,op,m"emm..F,en?e~7~R,?FEF9 2242444Â©112416Â·1424*24,&~~~~~~-~<~~~~~~~~ 1nr W.**wp)NsT.â€¢Â»\*Â»wâ€¢ Â· ,'Â»WTFAWÂ»r 09907p~Â©~~~Â»Â»mb~ 21<42121121(it.<..#...1*.F.r"~.g~ .2.t..~d~rk.<,riss,k~V.i*t*WA# â‚¬ C Nnr 4.KEÂ©i>...Â»ritÂ·:32*Â·4: M.'.5:.: itÂ·:04Â·.e :- 4.4 912Â·32Â»1.Â»A~ $0,4.2.,Â».Â·=*41Â·.22&*tp.*.:ili.â‚¬1'.?641Â©kliÂ»U,ird#.amujlikdj,# AVIN *-1................................16.61- Eld V MVIN 833 NVF ($) ;SOJ JaMOd AlilluOIN 3a-4 93PPSAV.XLC 8/11/93. E] Actual Bill aleh! sno!AeJd m SONIAVS 031Â¥lnIAInJOV 1993 Wholesale Power Cost Comparison Laoed 310,000 - 290,000 - 270,000 - 250,000 - - 000'0EZ - 000'0 LE - 000'061 - 000'OL L 000'09 L el 1 0 a M = - C U .2 .C C/D U 04 69 N U 6-ECQ i Ue 3 4% -36 J 2 90 11 .2 0 M 5 1% d .8 u gm 5cxw 11 7 . el L <85 CU 12 1 = g U = uo m UU 73 .C 00 , Qd 0,0 24 - N a 9 i IC = E ca 8 Series BB Series CC Series S-1 Total Program Gross Savings $11,786,595 $50,285,537 $150,794,142 $212,866,274 ~ Present Value $5 737 923 $26,416,981 $17,535,307 $49,690,211 Refunded Principal $106120270 $149,595,000 $79,495,000 $335,210,270 0% 428't, 1 %8Â§0'ZE %6991 1 % LOF 9 popunJON Jo I-Â· c â€ž .. ... .ff, 1~v...0.-,â€¢...â€žIgAA,9,UWM.WWM;ALLA:AAA:*UAA>'â€ž AAU:'11:UUGU>â€¢',UN 489.;;hww,MA&Wwwwvw,â€ž.,AVAV.~A-*â€¢I--*,1,- 'WÂ·â€¢â€¢â€¢-v.**U~.â€¢~Aâ€¢,mil' im""/IMY,%'ll-....0.......w.w....M.'.h. AHNIHVH HLLITAIS ALIMOHLAV JIHkiOd WHAIN H.LiVEId Summary of Debt Refinancing Plan Results % E ssooxa ...........UL j...L 'I.LI'l l.k ' 'ILII./U//'l ME.L .-m-.M M6W.W66~~6.6.~6U~UJ6~666WJW~~J~mZ_L,. w,~ww~~.,-.~ww~~~~~â€ž..,w~ww~,~iw~~~~..,u~ ,~u, 1 ul,LLull, . t~~:1â€¢.':~~~t~~WWU~'.tg~u-t~Utt19'1~~~-1:â€ž ~t--w. I â€ž ......,. .â€žâ€ž ......,.............,â€ž,l. -- Lft'OCL'ZIK 3Â£1'969'9$ 960'9LE'ZI $ *19'621'Â£2$ Savings Summarv 03 SOU JUOUBSOAUI SSUIUJUg % e se SHUMBS Ad Savings 01 UOUnq ,