Resolution No. 6174
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RESOLUTION 6174
RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF VERNON CHANGING THE
ENERGY COST ADJUSTMENT BILLING
FACTOR CHARGED FOR ELECTRICAL ENERGY
DISTRIBUTED AND SUPPLIED TO ITS
ELECTRICAL CUSTOMERS
WHEREAS, Ordinance No. 911 provides for an Energy Cost
Adjustment Billing Factor ("ECABF") 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
such changes are necessary for the sound
Council's opinion,
financial position
WHEREAS,
6134 has produced
account; and
of the Light and Power Operating Funds; and
the ECABF adopted in previous Resolution No.
a surplus in the energy cost adjustment
WHEREAS, Resolution No. 5342, adopted by the City
Council of the City of Vernon on December 16, 1986, provides a
methodology to compute the ECABF that reduces the degree of rate
fluctuations, includes data from Vernon's resources, and
provides a stable ECABF rate level; and
WHEREAS, the City Council of the City of Vernon hereby
intends to approve a new ECABF for future time periods in
accordance with Resolution No. 5342 in order to allow the
customers of the City of Vernon to project their future
financial needs in a reasonable manner.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF VERNON AS FOLLOWS:
SECTION 1: That the city Council of the City of
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Vernon finds and determines that the recitals contained
hereinabove are true and correct.
SECTION 2:
That the ci ty Council of the ci ty of
Vernon does hereby adopt an ECABF of negative $0.01997 per
kilowatt hour on electrical energy sold to its electrical
consumers.
SECTION 3:
That the effecti ve date of said ECABF
shall be November 1, 1992, and shall continue until rescinded or
amended by resolution of the City Council of the City of Vernon.
SECTION 4 :
That effective November 1, 1992, this
resolution rescinds existing ECABF Resolution No. 6134.
SECTION 5: That the City Clerk of the City of Vernon
shall certify to the passage of this resolution and thereupon
and thereafter the same shall be in full force and effect.
APPROVED AND ADOPTED this 20th day of October 1992.
~ . J
,; >~ ~,
. EONI~. Mayor'
~""""
ATTEST:
4d~
#-
BRUCE V. MALKENHORST, City Clerk
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STATE OF CALIFORNIA )
)
COUNTY OF LOS ANGELES)
I, BRUCE V. MALKENHORST, city Clerk of the City of
Vernon, do hereby certify that the foregoing Resolution, being
Resolution No. 6174 was duly adopted by the City Council of the
City of Vernon, at a regular meeting of the City Council duly
held on Tuesday, October 20, 1992, and thereafter signed by the
Mayor of the City of Vernon.
(SEAL)
A
BRUCE V. MALKENHORST,
~
City of Vernon
Energy cost Adjustment Billing Factor
Computation Sheet
Estimated Enerav Costs
For Three Month Period - NOVEMBER 1 - JANUARY 31 1993
1. Purchased Power from SCE
a. Energy Charge
b. Energy Cost Adjustment
2. Generation Fuel Costs
3. Cost of Interruptible Purchases
4. Cost of Energy Associated with the purchase of Firm
Power
5. Total Energy Costs (1 +2+3+4)
Correction Factor
6. Actual Energy Expenses for the Previous
Three Month Period (JULY, AUGUST, SEPrEMBER)
7. Balance of the Unrecovered (Over-Recovered)
Energy Expenses at the Start of the Previous
Three Month Period
8. Less: Revenue Billed -Base Rate and ECA
from the Previous Three Month Period
9. Unrecovered (Over-Recovered) Energy Expenses at the
Termination of the Previous Three Month Period (6+ 7 -8)
10. Unrecovered (Over-Recovered) Energy Cost Estimate for
the Month of October
11. Total Cost to be Recovered (5+9+10)
Calculation of Factor
12. Estimated KWH Sales 96.74% of Purchases
13. Adjustment for Billing Losses
14. Total KWH Sales
15. Total Energy Cost per KWh (11/14)
16. Less: Amount in Base Rates
17. Energy Cost Adjustment Billing Factor (15-16)
$5,765,867.43
($1,071 ,383.81)
$5,928,387.23
$280,951.00
$5,880,389.60
$4,694,483.62
$301,947.22
$0.00
$972,376.31
$5,968,807.15
$328,948.64
$67,537.51
$6,365,293.30
262,165,400
4,406,490
266,571,890
$0.02388
$0.04385
($0.01997)
Period 1 Period 2 period 3 Period 4
l%i.li'i'iiifllfjl~li~1:~ijIij*!1;;j:;~ff;~:ii1iiii!:j:i.;ii~i::jt!:!:!::;:!:!:!1:!:i:i;~!ili1i:::*~i:~::~i:(:ll\:::jilil:::::::::::!f:i~::~liii;~i:t:j!:::lili;:;M;;:::::lil;;iJiii~t~l~
Total Over/Under
at End of Period
1988 1988 1988 1988
$7.694,726 $7,580,398 $8,789,644 $8,550,225
$7,557,708 $7,560,770 $7,621.704 $8.777,342
($137,011) ($19,628) ($1,167,940) $227,117
$403,079 $383,451 ($784,489) ($557 ,372~
1989 1989 1989 1989
$8,277,466 $8,146,974 $8,570,325 $8,479,690
$9,217,702 $8,898,854 $7,231,467 $7,660,942
$940,237 $751 ,880 ($1,338,858) ($818,748)
$382,865 $1,134,745 ($204,113) ($l,022.860~
1990 1990 1990 1990
$7,711.329 $7,223,099 $7,161,536 $6,866,955
$11,192,254 $7,164,910 $6,004,869 $6,406,325
$3,480,925 ($58,189) ($1,156,667) $458,630
$2,458,065 $2,399,876 $1,243,209 $784,5791
Actual Expense
Actual Revenue
Over/Under
This Period
Actual Expense
Actual Revenue
Over/Under
This Period
Total Over/Under
at End of Period
Actual Expense
Actual Revenue
Over/Under
This Period
Total Over/Under
at End of Period
Total Over/Under
at End of Period
1991 1991 1991 1991
$6,093,001 $5,233,574 $5,702,326 $5,811,737
$6,698,036 $4,797,010 $4,537,946 $5,955,608
$605,035 ($436,564) ($1,164,380) $143,871
$1,389,614 $953,050 ($211,330) ($67.459~
1992 1992 1992 1992
$5,598,749 $5,716,352 $5,928.387
$5,606,071 $5,495,538 $5,880,390
$7,322 ($220,814) ($47,998)
($60,137) ($280,951) ($328,949) I
Actual Expense
Actual Revenue
Over/Under
This Period
Actual Expense
Actual Revenue
Over/(Under)
This Period
Total Over/Under
at End of Period
~~
ESTIMATE FOR OCTOBER
Total Estimated Energy Requirement
SCE Purchases......
Non - Firm..............
Generation... ..........
PV Firm..................
CDWR Firm............
WAPA Firm............
SRP
OCTOBER
Month
ECA
-0.005
SCE for Summer Period
ON
MID
OFF
ECA
PERCENT
4.07%
32.40%
63.53%
Generation Fuel Cost
NON-FIRM
1,600,000
65,892,633
o
1,600,000
6,077,736
16.176,248
1,320,903
1
KWH
2,679.778
21,350,273
41r862,581
65,892,633
65,892,633
KWH
KWH
KWH
KWH
KWH
KWH
KWH
70.85%
0.00%
1.72%
6.54%
17.39%
1.42%
2.08%
RATE
0.03222 =
0.02922 =
0.02472 =
93,000,000
$86.342.46
$623,854.98
$1,034,843.00
$1,745,040.45
-0.005 ($329,463.16)
$1,415,577 .28
kwh @ 0.05392 $/kwh
$86,270.63
PV FIRM
KWH
OCTOBER
6.077.736
Total Enerav Cost
SCE
GENERATION
NON-FIRM
CDWR FIRM
WAPA FIRM
SRP FIRM
PV FIRM
FORECAST REVENUE
KWH
BASE(.04385)
ECABF
Rate
0.01200
-0.02088 ...........................................
10) Estimated Unrecovered (Over-Recovered) Energy Cost
Cost
$72,932.83
$1.415.577.28
$86,270.63
$0.00
$487,097.60
$10,524.63
$61,704.09
$72.932.83
$2.134.107.07
89.968.200
$3,945,105.57
1 878536.02
2.066.569.55
$67.537.51
ENERGY COST ADJUSTMENT COMPUTATION
FOR THE PERIOD
NOVEM SER TO JANUARY
1992 - 1993
Total Estimated Energy Requirement
271,000,000
SCE Purchases...... 214,276,762 KWH 79.07%
Non-Firm.. ...... ...... 0 KWH 0.00%
Generation... ... ....... 5,600,000 KWH 2.07%
PV Firm.................. 22,568,952 KWH 8.33%
CDWR Firm............ 20,087,605 KWH 7.41%
WAPA Firm............ 4,781,231 KWH 1.76%
SRP Firm.......... KWH 1.36%
1) SCE forecasted ECA
Month ECA
NOVEMBER -0.00500 30 Days -0.150
DECEMBER -0.00500 31 Days -0.155
JANUARY -0.00500 31 Days -0.155
92 Days -0.460
AVG.= -0.005000
SCE for Winter period
PERCENT KWH RATE
ON 6.27% 13,434,553 0.03222 = $432,861.31
MID 38.18% 81,819,270 0.02922 = $2,390,759.06
OFF 55.55% 119,022l939 0.02472 = $2,942,247.06
214,276,762 $5,765,867.43
ECA 214,276,762 -0.005 = {$1,071,383.81)
$4,694,483.62
2) Actual Generation Fuel Cost
JULY
AUGUST
SEPTEMBER
1,784,217
1,574,242
1,778,430
5,136,889
kwh for
kwh for
kwh for
kwh for
5,600,000
kwh @
3) NON-FIRM
ON-PEAK
MID-PEAK
OFF-PEAK
Percent
ERR
ERR
ERR
KWH
o
o
o
o
4)a. CDWR FIRM
NOVEMBER
DECEMBER
JANUARY
KWH
6,256,795
7,244,710
6,586,100
20,087,605
$92,317.10 = ($/KWH )
$86,588.42 = ( $/KWH )
$98.071.15 = ($/KWH )
$276,976.67
0.05174
0.05500
0.05514
0.05392
0.05392 $/kwh =
$301,947.22
@ (Base-ECA)
0.90 0.02722 =
0.90 0.02422 =
0.90 0.01972 =
$0.00
$0.00
$0.00
$0.00
@
RATE
0.03011 =
0.03011 =
0.03255 =
$188,404.00
$218,152.00
$214,400.00
$620,956.00
~
b. WAPA FIRM
NOVEMBER
DECEMBER
JANUARY
c. SRP FIRM
NOVEMBER
DECEMBER
JANUARY
d. PV FIRM
NOVEMBER
DECEMBER
JANUARY
KWH
1,398,266
1,768,845
1,614,119
4,781,231
KWH
1,390,800
1,610,400
684,250
3,685,450
KWH
7,028,280
7,770,336
7,770,336
22,568,952
Rate
0.00797
0.00797
0.00797
Rate
0.03193
0.03193
0.03345
Rate
0.0100
0.0080
0.0080
Cost
$11,141.0
$14,093.7
$12,860.9
$38,095.66
Cost
$44,408.2
$51,420.1
$22,888.2
$118,716.48
Cost
$70,282.8
$62,162.7
$62,162.7
$194,608.2
5) TOTAL ENERGY COST
SCE ..............................,...................................,.........................
GEN ERA TI ON ..............................,.............................................................
NO N - FI RM ..............................,...................................'.........................
CDWR FI RM ,.............................,.............................................................
W AP A FI RM ..................................................................,.........................
SRP FIRM ..............................,...................................,.........................
PV FIRM ............................................................................................
NOTE:
GENERATION - SEPTEMBER INCLUDES ESTIMATED COST
$4,694,483.62
$301,947.22
$0.00
$620,956.00
$38,095.66
$118,716.48
$194,608.18
$5,968,807.15
6)a. Actual Expenses for Previous Period
ON MID OFF RATE SCH.
JULY 0.03222 0.02922 0.02472 7.4
AUGUST 0.03222 0.02922 0.02472 7.4
SEPTEMBER 0.03222 0.02922 0.02472 7.4
JULY 1.392,168 17,990,102 41,017,717 60,399.987
AUGUST 1,544,566 16,989,370 44,422,465 62,956,401
SEPTEMBER 1 ,308~074 16,958,918 41 ,800,929 60,067,921
4,244,808 51,938,390 127,241,111 183.424,309
BASE COST $136,767.71 $1,517,639.76 $3,145,400.26 $4,799,807.73
JULY AUGUST SEPTEMBER
COST ADJ. -0.00803 -0.00495 -0.00602
($485,011.90) ($311,634.18) ($361,608,88) ($1 ,158,254.96)
SCE NET ENERGY COST $3,641,552.77
b. Generation Fuel Cost (see page one) $276,976.67
c. InterruPtible
CDWR JULY AUGUST SEPTEMBER Total
KWH 0 0 0 0
COST $0.00 $0.00 $0.00 $0.00
NEVADA JULY AUGUST SEPTEMBER
KWH 0 0 0 0
COST $0.00 $0.00 $0.00 $0.00
d. CDWR Firm JULY AUGUST SEPTEMBER TOTAL
(KWH) 16,899,739 15,440,964 15,440,964 47,781,667
COST $509,090.40 $464,956.80 $464,956.80 $1,439,004.00
e. WAPA Firm JULY AUGUST SEPTEMBER TOTAL
(KWH) 3,251,503 3,242,719 3,268,718 9.762,940
COST $29,423.46 $25,835.95 $38,495.37 $93,754.78
f. SRP Firm JULY AUGUST SEPTEMBER TOTAL
(KWH) 4,226,080 4,101,152 3,941 ,088 12,268,320
COST $114,741.46 $117,092.57 $116,831.73 $348,665.76
g. PV FIRM
KWH Rate Cost
JULY 7,171,080 0.007618 59,201.49
AUGUST 7,171,080 0.007807 60,665.47
SEPTEMBER 6,964,445 0.001083 7,545.49
22,506,605 $127,412.45
, .
.
h. Correction from Previous Period
1. WAPA FIRM - JUNE
2.
I. Cost Summary. JULY, AUGUST. SEPTEMBER.
KWH
183,424,309
5,136,889
o
47,781,667
9,762,940
12,268,320
22,506,605
o
280,880,730
SCE P.R.
Generation
Non-firm
CDWR Firm
WAPA Firm
SRP Finn
PV Firm
Corrections
8) Billed Based Rate and ECA Revenue From Previous Period
ECABF
KWH
BASE
ECABF
SUB-TOTAL SALES
ADJUSTMENTS
KWH
BASE $
ECABF $
SUB- TOTAL SALES
TOTAL KWH
TOTAL BASE $
TOTAL ECABF $
TOTAL SALES $
896,276
$39,301.70
(~11 ,420.01)
$27,881 .69
88,786,122
$3,893,271.45
($2,169,115.73)
$1,724,155.72
AUGUST
-0.02088
88,385,532
$3,875,705.58
$1 845489.91
$2,030,215.67
1,041,985
$45,691.04
(~1 0,911.02)
$34,780.02
89,427,517
$3,921,396.62
($1 ,8561400..93)
$2,064,995.69
SEPTEMBER
-0.02088
91,042,150
$3,992,198.28
$1 900960.09
$2,091,238.19
o
$0.00
$0.00
$0.00
91,042,150
$3,992,198.28
($1,900,960.09)
$2,091,238.19
$1,020.80
$1,020.80
COST
$3,641,552.77
$276,976.67
$0.00
$1,439,004.00
$93,754.78
$348,665.76
$127,412.45
$1,020.80
$5,928,387.23
1,938,261
$84,992.74
($22,331.03)
$62,661.71
269,255,789
$11,806,866.35
($5,926,476.75)
$5,880,389.60
Average difference in purchases and generation to retail (KWH) is 3.26 lag.
For Previous Three Month:
Available (KWH)
Recorded Retail (KWH)
Retail projected 96.74% of
13) Adiustment For Billina LoSSes
271,724,018
280,880,730
267,317,528
280,880,730
267,317,528
NOTE:
SEPTEMBER KWH SOLD AND REVENUES COLLECT ARE ESTIMATED.
=
271,724,018
=
4,406,490