HomeMy WebLinkAboutMINUTES Light and Power Committee 1982-06-030 Q V
BRADFORD PUBLISHING CO.,DENVER R E C 0 R D 0 F P R 0 C E E D I N G S
V Light &Power Committee
June 3,1982
Committee:Chairperson Houston,Trustees Graves and Wood
Attending:Trustees Graves and Wood
Also Attending:Mayor Tregent,Town Administrator Hill,Light
&Power Director Dekker,Finance Officer Duncan
Absent:Chairperson Houston
RATE STUDY PRESENTATION:
Mr.Bill McEwan,Rate Attorney,and Mr.Stuart Jordan,Rate Engineer,
appeared before the Committee and submitted the electric rate study
as authorized.The study indicates that the average rate increase
for the entire system will be 3.79%.A copy of the rate study
is attached to,and made apart of,these proceedings.After
considerable discussion,the Committee recommends to the Board
of Trustees that the staff be authorized to proceed with the
necessary work to place the new electric rates into effect.
CABLEVISION REVIEW:
John Kenmeir,the Systems Manager of Estes Park Cable TV Company,
appeared before the Committee.The Committee reviewed apparent
deficiencies in the Permit Agreement dated July 14,1981.The
Board of Trustees have extended the completion date of this agreement
to May 31,1982.The Committee recommends that the staff prepare,
in writing,the apparent deficiencies in the following sections
of the permit:
Section 7 D;Section 8 A,8 D,and 8 E;
Section 9 A,9 B,9 C and 9 D;Section 11 C,11 D;
Section 21;Section 26.
P.U.C.FILING FOR DISCONNECT CHARGE:
On October 20,1980,the Board of Trustees approved a $15 per dis
connect/connect service charge.A P.U.C.filing was never submitted
for approval and,therefore,$2,600 has been overcharged to customers.
The Town feels obligated to return this amount in the way of a
credit.The Committee recommends the overcharge adjustment be
returned and the P.U.C.filing submitted for approval.
REPORTS:
Light &Power Director Dekker reported that the Fall River Hydro
Plant is running without incident.
There being no further business,the meeting adjourned.
Ann E.Je2%én,Secretary
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ESTES PARK LIGHT AND POWER DEPARTMENT
Operating Ratios Before All Taxes (1)
(Franchise Tax Included in A&G)
1969 through 1981
l.n of Estes Park
Advice Letter 26
Exhibit 5
Page 1 of 2
Year
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
Revenues
kWh Sales
515,768
547 ,360
619,460
705,934
780,720
851 ,187
1,115,625
1,376,615
1,703,942
2,084,325
2,360,201
2,324,866
2,673,142
Total Operating
Expenses (1)
437 ,086
447,566
493,258
554,103
648,388
817,094
964,375
1,214,642
1,443,049
1,752,686
2,055,430
2,083,156
2,504,831
Operating
Ratio
84.74
81 .77
79.63
78.49
83.05
95.99
86.44
88.23
84.69
84.09
87.09
89.60
93.70
Year Ending
3/31/80 -Adjusted
From PUC Order -
Jurisdictional
Only
Year Ending
9/30/8 1 -Adjusted
(1982 Pass-On)
Year Ending
12/31/81 -Adjusted
With Proposed
Rates
1,239,195 990,120 79.90
3,399,645 3,035,265 89.28
3,538,531 3,175,722 89.75
(1)Exclusive of In-Lieu-of Taxes.Franchise Tax and Rents included.
TOWNOFE5TESPARKOperatingExpensesLess:OtherRevenueObligations(Net)23PrincipalandInterestPayments24-ExistingDebt(SE)25CapitalConstruction:(Ii)26-5-YearAverage27NormalAdditions28MajorProjects-50%29InternalGeneration30MajorProjects-50%31Bonding(P.t.aRes.)32InterestonCustomerDeposits(SB)(12)33WorkingCapitalIncrease(12)34Depreciation(CapitalSource)(SE)35OtherRevenueObligations(Net)36NetRevenueBalance/(Deficit).AllocationofRevenuesAtExistingRatesandExpensesBetweenInsideandOutside5’sternAndDeterminationofSufficiencyofExistingElectricSalesRevenuesFortheTwelveMonthsEndedDecember31,1981*___________*(SeePage3ofofthisExhibitforfootnotes.)Revenues1RevenuefromkWhSates2OtherOperatingIncome3OtherIncome(SF)4TotalRevenuesAdjustm___InsideOutsideTotal—s-331,587384,374736,161(3)(4,458)(4,715)(9,173)(4)347,129379,8.59726,9835OperationandMaintenance:6HydroGeneration(SC)7Purcl)asedPower:8DeInand(SC)9Energy(SA)10Distribution(SD)11CustomerAccotints(3D).12AdministrativeandGeneral:13FranchiseTaxComponent-14TaxesInLieu15PropertyTaxComponent-16TaxesInLieu(5A)17Donations(9)18AllOtherA&G(SE)19Depreciation(SE)20TotalOperatingExpenses21NetOperatingRevenues22Memo:OperatingRatio(10).7541,496(6)PerBooksInsideOutsideTotal(1)1,305,3531,367,7892,673,14216,61822,09638,714(2)65,50769,282134,7891,387,4781,4)9,1672,846,6453,0908,21716,30?509,073517,0771,026,150273,075291,856566,931109,140151,214260,35435,11388,410143,52370,461-70,46113,30114,11227,41316,265-16,265107,832150,140257,97261,39185,477146,8681,225,7411,306,5032,532,244161,737152,664314,40193.9095.5294.7328,39839,54067,9383,6705,8879,557742208,85298,2399,6434,2703,5324,9371,656,94016,61861,0491,734,607717,925373,314118,73359,38370,46116,88316,265112,769212,136104,23313,3606,8)13,8016,8741,752,36322,09664,5671,839,0268,971729,213396,089164,57495,26117,913157,014420,983(7)202,472(7)23,003(6)11,121(6)7,333(8)11,811(6)3,409,30338,714125,6163,573,63317,8031,447,138769,403283,357154,64470,46134,79616,265269,783PerBooksWithAnnuallzedAdjentsInsideOutsideTotal—---.--—.—61LLL330,265348,009678,2741,536,0061,654,5123,210,518t6,86431,85048,714184,514363,11.5———94.4294.1739,54067,93812.5,448264,192389,64010,87510,87521,7502,3182,3184,6363,6705,8879,5575,73013,65319,383)115,048250,988366,036431,8O481463,553(66,474)(2921)178,60193.9123,39300-400am-+CaaF•S)-,0”7.37IndicatedRevenueIncrease(IncludingPropertyTax-In-Lieu)38PercentageIncrease39OperatingRatio(OperatingExpensesdividedbyRevenuefromkWhSales)withIncreaseN/A67,162N/A-3.83-90.97‘on’axZr0-.‘a’
TOWNOFESTESPARKAllocationofRevenuesatProposedRatesandExpensesBetweenInsideandOutsideSystemForTheTwelveMonthsEndedDecember31,1981*_______Revenues1RevenuefromkWhSales2OtherOperatingIncome3OtherIncome(SF)4TotalRevenuesOperatingExpenses5OperationandMaintenance:6HydroGeneration(SC)7PurchasedPower:8Demand(SC)9Energy(5A)10Distribution(SD)11CustomerAccounts(56).12AdministrativeandGeneral:13FranchiseTaxComponent-14TaxesInLieu13PropertyTaxComponent-16TaxesInLieu(SA)17Donations(9)18AllOtherA&G(SE)19Depreciation(SE)20TotalOperatingExpenses21NetOperatingRevenues22Memo:OperatingRatioLess:OtherRevenueObligations(Net)PerBooksWithAnnualizedAdjustmentsInsideOutsideTotal70,461-70,46116,88317,91334,79616,265—16,265112,769157,014269,78361,39185,477146,8681,556,0061,654,5123,210,318AllAdjustmentsInsideOutsideTotal70,461-70,46117,51618,58436,10016,265-16,265112,769157,014269,78361,391146,8681,556,6391,653,183.3,211,822*(SeePage3ofofthisExhibitforfootnotes.)ProposedIncreaseInsideOutsideTotal129,228129,2281,656,9401,732,3633,409,30362,07867,1501,719,0181,819,5133,538,53116,61822,09638,714--16,61322,09638,71461,04964,567125,616-—61,04964567125,6161,734,6071,839,0263,573,63362,07867,1501,796,6851,906,176.3,702,8618,8328,97117,803.—8,8328,97117,803717,925729,2131,447,138717,925729,2131,447,138373,314396,089769,403373,314.396,089769,403118,783164,574283,357118,783164,574283,35759,33395,261154,644-59,38395,261154,644C6336711,30463,4466,479127,924178,601184,514363,115--—240,046230,993491,03993.9194.4294.17--—90.5590.9790.7728,39839,54067,938———28,39839,54067,938125,448264,192389,640——125,448264,192389,64023PrincipalandInterestPayments24-ExistingDebt(SE)23CapitalConstruction:(11)26-5-YearAverage:27NormalAdditions28MajorProjects-2950%InternalGeneration...10,87510,87521,750——10,87510,87521,75030MajorProjects-3150%F3onding(P.l.&Res.)...2,3182,3184,636——2,3132,3134,63632InterestonCustomerDeposits(5B)(12)3,6705,8879,557-—3,6705,3879,55733WorkingCapitalIncrease(12)...5,73013,65319,383-—5,73013,65319,38334Depreciation(CapitalSource)(5E).(61,391)(85,477)(146,868)--..LI2J)35OtherRevenueObligations(Net)..115,048250,988366,036—--PJ236NetRevenueBalance/(Deficit)...63,553(66,474)(2,921)61,44566,479124,993l23L0O3Q)flluxa0”0’
n
Town of Estes Pack
Advice Letter 26
Exhibit 6
Page 3 of
TOWN OF ESTES PARK
Allocation of Revenues and Expenses
Between Inside and Outside System
Twelve Months Ended December 31,1981
Footnotes:
(1)Provided by Town of Estes Park with the exception of the property tax
component which was computed as 2.1%of non-jurisdictional revenues
(2)Allocated by Town of Estes Pack based on actual revenues from Inside and
Outside Systems.
(3)Adjustment annualizing revenues to reflect modifications in rates occurring
during the test year as follows:
a.Purchased power pass-on effective January 1981,first appearing in
February billing to customers.
5.General rate modification resulting from Decisions C81-690 and C81-
690E,effective May 1981,first appearing in June 1981 billing to
customers.
c.Purchased power pass-on effective January 1982.See Page
____
of
this Exhibit.
(4)Adjustment annualizing for extraordinary interest earnings during the Test Year.
See Page
____
of this Exhibit.
(5)Method of allocating expenses between Inside and Outside systems (see Page
____
of this Exhibit):
A.Energy
B.Customer
C.Demand
D.Distribution Plant
E.Total Plant
F.Revenue
(6)for determination of payroll and payroll related annualizations.See Page
____
of this Exhibit.
Town of Estes Park
Advice Letter 26
Exhibit 6
Page 4 of
TOWN OF ESTES PARK
Allocation of Revenues and Expenses
Between Inside and Outside System
Twelve Months Ended December 31,l91
(7)Adjustment annualizing increase in purchased power costs effective January 1,
1982.See Page
____
of this Exhibit.
(8)Computed as 2.1%of non-jurisdictional revenues.
(9)Donations for decorations in the amount of $16,265 eliminated from jurisdiction
al operating expenses pursuant to CPUC Decision 88356.
(10)Total Operating Expenses divided by revenues from kWh sales.
(11)For details of capital construction program.See Page
____
of this Exhibit.
(12)For Determination of Interest on Customer Deposits and Working Capital In
crease.See Page
____
of this Exhibit.
C n
Town of Estes Park
Advice Letter 26
Exhibit 6
Page 5 of
TOWN OF ESTES PARK
Allocation Factors
Year Ended December 31,1981
kWh Sold Percent
A.Energy (1)
Inside 25,822,598 48.52
Outside 27,397,431 51.48
Total 53,220,029 100.00
B.Customer (1)Average Number Percent
Inside 2,198 38.40
Outside 3,526 61.60
Total 5,724 100.00
C.Demand (2)kW-Month Percent
Inside 74,993 49.61
Outside 76,162 50.39
Total 151,155 100.00
D.Distribution Plant Adjusted (3)Investment Percent
Inside 1,451,062 41.92
Outside 2,010,655 58.08
Total 3,461,717 100.00
E.Total Plant Adjusted (3)Investment Percent
Inside 1,727,239 41.80
Outside 2,405,171 58.20
Total 4,132,410 100.00
F.Revenue Adjusted (4)Investment Percent
Inside 1,656,940 48.60
Outside 1,752,363 51.40
Total 3,409,303 100.00
Notes:(SeePage2of2forNotes.)TOWNOFESTESPARKRevenuesandExpenseAllocationstoRateClassesOutsideSystemTwelveMonthsEndedDecember31,1981MunicipalaGeneralGeneralResidentialServiceServiceTotalsResidentialDemandSmallLargeRevenuesIElectricSales(1)1,752,3631,119,1521,865265,943346,45218,951Expenses:(7)2Demand(2)995,914611,9891,494159,147211,33311,9513Energy(3)396,089249,69459452,75988,2494,7934Customer(4)262,516213,81942040,3496,6941,2345StreetLighting(5)681----6816TotaL1,655,2001,075,5022,508252,255306,27618,6597OperatingRatio(6).9097.9097.9097.9097.9097.90978Line6fLine71,819,5251,182,2762,757277,298336,68320,5119Line8-Line167,16263,12489211,355(9,769)1,56010IndicatedIncrease-3.835.6447.84.27(2.82)8.2311ProposedIncrease67,15055,5111039,976-1,56012ProposedRevenues1,819,5131,174,6631,968275,919346,45220,51113ProposedIncrease-%3.834.965.523.750.08.23(D><
Town of Estes Park
Advice Letter 26
Exhibit 7
Page 2 of 4
TOWN OF ESTES PARK
Revenues and Expense Allocations to Rate Classes
Outside System
Twelve Months Ended December 31,19S1
Notes:
(1)Actual with Test Year Adjustments.
(2)See Demand Allocation,Page —.
(3)See Energy Allocation,Page —.
(4)See Customer Allocation,Page —.
(5)See Street Light Allocation,Page
(6)See Exhibit —for Proposed Operating Ratio.Computation includes Revenues
from kWh sales only.
(7)See Page for Classification of Operating Expense.
TOWNOFESTESPARKRevenuesandExpenseAllocationstoRateClassesInsideSystemTwelveMonthsEndedDecember31,1981CGeneralGeneralResidentialServiceServiceTotals(7)ResidentialDemandSmallLargeMunicipalRevenuesIElectricSales(1)1,656,940613,11557549,218410,96983,581Expenses(7)2Demand(2)962,575327,083193325,254258,35551,6903Energy(3)395,334146,748-116,386109,78422,4164Customer(4)159,40288,2456463,5536,4241,1165StreetLighting(5)39,346----39,3466Total1,556,657562,076257505,193374,563114,5687OperatingRatio(6).9047.9047.9047.9047.9047.90478Line6fLine71,720,720621,316284558,437414,040126,6439Line8-Line163,7808,2012279,2193,07143,06210IndicatedIncrease-963.851.34298.251.680.7551.5211ProposedIncrease62,07834,508(9)20,688-6,89112ProposedRevenues1,719,018647,62348569,906410,96990,47213ProposedIncrease-%3.755.63(15.79)3.770.08.24Notes:(SeePage2of2forNotes.)-.00::.(Dr11,.4.I,,4CMl.)-Jx(D0
Town of Estes Park
Advice Letter 26
Exhibit
Page 2 of 2
TOWN OF ESTES PARK
Revenues and Expense Allocations to Rate Classes
Inside System
Twelve Months Ended December 31,1981
Notes:
(1)Actual with Test Year Adjustments.
(2)See Demand Allocation,Page —.
(3)See Energy Allocation,Page —.
(4)See Customer Allocation,Page —.
(5)See Street Light Allocation,Page —.
(6)See Exhibit for Proposed Operating Ratio.Computation includes Revenues
from kWh sales only.
(7)See Page_for Classification of Operating Expenses.
TOWNOFESTESPARKLightandPowerDepartmentProposedPercentRateIncreasebyRateScheduleTestYearEndedDecember31,1981InsideSystemOutsideSystemAdjustedRevenues(2)ProposedIncreaseOutsideTotalsSystemTotals17,270,06540,3823,650,7096,104,599331,67627,397,43153,220,029$1,119,152I,$65265,943346,45218,951$1,752,363$3,409,303$55,5111039,9761,560$67,150$129,228$1,174,663I,968275,919346,45220,511$1,819,513$3,533,5314.965.523.758.233.833.79)—•0Oi..rn(D-f(n(Dt’3‘-iRateCode&ClassificationkWhSales(1)RevenueAfterProposedIncreasePercentIncrease71Residental9,585,394$613,115$34,503$647,6235.6372Residential-Demand22357(9)43(15.79)74GeneralService-Small7,602,714549,21820,688569,9063.7715GeneralService-Large7,171,261410,969-410,969-76Municipal1,463,00633,5816,89190,4723.24InsideTotals25,822,598$1,656,940$62,078$1,719,0183.7581Residential82Residential-Demand$4GeneralService-Small85GeneralService-Large86Municipal/footnotes:(1)Adjustedfromactualtoreflect-LargeduringTestYear.(2)AsannualizedforrateadjustmentsoccurringduringTestYear.SeeExhibit,Page____transferofcustomersfromGeneralService-SmalltoGeneralServiceorn(DXr’Oo
C\vn of Estes Park
Advice Letter 26
Exhibit 8
Page 2 of 2
TOWN OF ESTES PARK
Rate Comparison Data
The following rate comparison data is furnished to
you may estimate the effect of the proposed electric
consumption.
General Service -Small
Municipal
Footnotes:
-Code 6 7,000 399.91 432.88
(I)Rates from General Rate Adjustment of May 1981 plus pass-on of
and January 1982.(Total of $0.0 1723/kwh)
January 1981
provide a basis
rate increase on your
whereby
monthly
Percent
Increase
Energy
Used
(kwh)
Residential -Code 1 0
30
100
200
300
500
1,000
2,000
Residential Service -Demand Metered
-Code 2
10 kW
5%Load Factor
20%Load factor
40%Load factor
60%Load Factor
Existing Proposed
Rates (1)Rates
S
4.17 2.00 (52.0)
5.84 3.91 (33.0)
9.73 8.36 (14.1)
15.30 14.72 (3.8)
20.86 21.07 1.0
31.99 33.79 5.6
59.80 65.58 9.7
115.43 129.16 11.9
365 59.90 62.10 3.7
1,460 93.01 98.38 5.8
2,920 137.14 146.77 7.0
4,380 181.28 195.15 7.7
200 20.35 20.89 2.7
500 40.07 41.43 3.4
1,000 72.93 75.65 3.7
2,000 138.66 144.10 3.9
5,000 335.85 349.45 4.0
7,500 500.18 520.58 4.1
-Code 4
General Service -Large
-Code 5
-No Rate Change Proposed -