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Resolution No. 4375 P' 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 RESOLUTION NO. 4375 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON CHANGING THE FUEL COST ADJUSTMENT BILLING FACTOR CHARGED FOR ELECTRICAL ENERGY DISTRIBUTED AND SUPPLIED TO ITS ELECTRICAL CONSUMERS THE CITY COUNCIL OF THE CITY OF VERNON RESOLVES AS FOLLOWS: WHEREAS, Ordinance No. 849 of the City of Vernon fixes certain rates to be charged for electrical energy distributed and supplied by said City of Vernon within its boundaries, and WHEREAS, Ordinance No. 850 amends Ordinance No. 849 and provides for a fuel clause adjustment billing factor and for changes in such billing factor to be made from time to time by Resolutions of the City Council of the City of Vernon when. in the City Council's opinion. such changes are necessary for the sound financial position of the Light and Power Operating Funds. and WHEREAS, Edison has been authorized by the Federal Power Commission to change the R-2 (FPC-13) rate charged to the City of Vernon for purchased power by changing the fuel clause adjustment 18 billing factor. and Edison has increased such fuel clause adjust- 19 20 21 22 23 24 25 26 27 28 29 30 31 32 ments and has forecasted additional fuel clause increases which will greatly affect the cost of power purchased by the City of Vernon from Edison. and WHEREAS, the City Council of the City of Vernon deems it necessary for the sound financial position of the Light and Power Operating Funds to increase the Vernon fuel clause adjustment. NOW. THEREFORE, BE IT RESOLVED: SECTION 1: That the City Council of the City of Vernon does hereby adopt a Fuel Clause Adjustment Billing Factor of 1.272~/Kwh net. which is the figure to be used after the applicatio~ of the 5% Vernon discount on electrical energy sold to its electrical consumers. SECTION 2: That the effeetive date of said Fuel Clause Adjustment shall be December 26, 1975. and shall continue until -1- ,.. 1 rescinded or amended by a Resolution of the City Council of the 2 City of Vernon. 3 SECTION 3: That this Resolution rescinds existing Fuel 4 Clause Adjustment Resolution No. 4333. 5 SECTION 4: That the City Clerk of the City of Vernon shall 6 certify to the passage of this Resolution and thereupon and there- 7 after the same shall be in full force and effect. 8 ADOPTED AND APPROVED this 16th day of December, 1975. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 , 28 29 30 31 32 AL ~~"\ , ..ZIEMER, City Clerk -2- ,t , 1 STATE OF CALIFORNIA ) ) ss. 2 COUNTY OF LOS ANGELES ) 3, 4' I, F. A. ZIEMER, City Clerk of the City of Vernon, do 5 6 hereby certify that the foregoing resolution, being Resolution 4375 , was duly adopted by the City Council of the City of No. 7 I Vernon, and approved by the Mayor of said City, at a regular 8 meeting of the City Council held on December 16, 1975 9 I 10 : 11 ~ F. A. Ziemer, City Clerk 12 13 I 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 I ; .... . A ;1""'.) ~...... .'" ,'... "'1. ".' ... /i"p,,.., {,,,..,... I ( " ..'. .. ) v' CITY OF VERNON CALIFORNIA December 16. 1975 Southern California l!'4i8onC...", Vernon Dtatrict Office ~ 23 'But Vernon Awnue ... enaOll. California 90058 ttention:lIr.. B.. A. Stewart Venon Diatrict Mauger a.e I Venaon ruel Claus. Adjuatment Billing Factor Centl_n: The Vernon City Couacil "opted aeaolution Bo.4375 at it....Una on Dlc"e... 16.. 1975. aettihg theVehon ruel Clauae bil1inafactor adjustment at 1.2~2~/J'Irh ~t. after application o.f the 51. Vernon Discount. .!lw elf.etl.,. date of tbis ncrellaad fuel clauae adju. u.nt will be December 26. 1975. 'OJ: billi. calculation. the total fuel clau.. billi. factor adjuaaaent. . ......Iiprtor to tho eppllaU.... of va_'e "UCGuDt. t8 l.3390/1llob b..." .... the fqll_ U iug derivation: Tot.l Pactor · 1.272c/zo.m (1.00 · .05 Vemondl.count) · 1..33ge/lWb Thia fuelclauae billt.. factor adjustment 1ft11 Jl'8mIlin 1n foreeuDtll reacl.d or.....b,. a .City....f Venon resolution. ! I v ~ CITY OF VERNON CAUFORNIA Southern California Edison COIIIPany Attention: Mr. N. A. Stewart Page 2 December 16, 1975, The adoption of this increased fuel clause adjustment OIl Vernon rate. is necessary due to inc~ase. in the coat of "holesale powerpurchaaed by Vernon from Edisoni The larger Vernon customers and all VernOll customers "ho have requested to be informed of fuel clause adjustment changes are tobeadVi8ed of thi8 change. Yours very truly, ~ PPB:leb Paul P . BendricldJ Con8ulting Electrical Engineer cc: F. A.Zi..r Vernon City Clerk 11/73 12/73 1/74 2/74 3/74 4/74 5/74 Southern, Calif. h Edi.on~~ .169 " " .642 " " .707 * F~le4 by Edison With PUC. PUC has delayed approval. FUEL CLAUSE ADJUSTMENTS ELECTRIC RETAIL RATES Amount C / Kwh Vernon Edison R-2 Wholesale None " " II " " .169 .308 .308 .222 " " .818 .268 " " II II " .330 .352 .500 .640 .~15 ,.895 1.123 1.076 .975 1.009 .677 .573 .632 .758 " .969 \,- " " " 1. 053 " " " \. 1.815 (Actua1-.928) 1.220 (Forecast) . (F.P.C. I t:23~ (Filing ) t:~i~ (11,/1/15') 1 : 221 1:181 1:184 1:164 1.155 1.203 1.249 1.295 1.280 12/3/75 , " Los Angeles Dept. Water & Power .337 " .407 .453 .574 .679 .738 .692 .643 .602 " " .556 .582 .561 .560 1.561 1.624 1.636 1. 593 1.629 1.624 1. 613 1. 596 1. 566 - 1. 665 1.743 1. 839 .- \0 \0 \0 ,\0 000 0 ~ .-4 .-4 .-4 .-4 GJ U GJ . ~ GJ=(/J..:t ~ ~ ~ .op.,I'llr-- t:tl- NC"lO I.t'I +' ~ r-- r--oooo C"l 0.,-l.-4_ OOr--lI"\ N ~ orol \0 . . . . >,1Il 000 N GJ I'll +'''0 -ur -ur -ur -ur :> .-4 ~ GJ I'll GJ (/J /I II II ..c"O 0 +' ~ 0.. ~ ~ (/J 0 0 0 ~ o ~ +' QJ+' (IJ $.c orol ~ +' "1"1 0.. +' I'll I'll GJ"O .~ ..., CO CO.-4 $.c ~ I:Lf GJ GJ $.cp.,p., "0 (I) bO GJ GJ Il-l CO c.:: ""d 0.. Il-l Il-l (/J ...0 GJ i 0 0 0 I'll "0 $.c .-4 t:tl GJ.-4 0 ..cl ~ . I'll (IJ I'll ~ \0 . 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