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Resolution No. 7032 1 RESOLUTION NO. 7032 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON AMENDING RESOLUTION NO. 5342 TO CHANGE THE ENERGY COST ADJUSTMENT BILLING FACTOR COMPUTATION METHOD WHICH ESTABLISHES AN ENERGY COST ADJUSTMENT RATE CHARGED FOR ELECTRICAL ENERGY DISTRIBUTED AND SUPPLIED TO ITS ELECTRICAL CONSUMERS 3 4 5 6 7 WHEREAS, Vernon City Code S 30.4 provides for an Energy Cost Adjustment Billing Factor (t1ECABFIf) and for changes in such billing factor to be made f~om time to time by resolutions of the City Council of the City of Vernon when, in the City Council's 8 9 10 11 opinion, such changes are necessary for the sound financial 12 position of the Light and Power Operating Funds; and WHEREAS, the City Council of the City of Vernon adopted Resolution No. 5342 on December 16, 1989, providing for the 13 14 15 modification of the Energy Cost Adjustment Billing Factor 16 Computation methodology to prevent substantial fluctuation in the Energy Cost Adjustment (lfECAIf) rate levels charged for electrical 17 18 energy distributed and supplied to its electrical consumers; and 19 WHEREAS, the City Council of the City of Vernon finds that the ECA charges for the last six years have consistently 20 resulted in a credit to electrical consumers in excess of $0.02 21 per kWh; and 22 23 WHEREAS, the City Council and the City of Vernon intends 24 to approve, concurrently herewith, new rate schedules with reduced 25 base energy rates of $0.02 per KWh; and WHEREAS, the City Council of the City of Vernon finds 26 and determines that the method of computing the ECA should be 27 28 III 1 adjusted to reflect a $0.02 per KWh reduction in the base energy 2 rates. 3 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 4 THE CITY OF VERNON AS FOLLOWS: 5 SECTION 1: The City Council of the city of Vernon 6 hereby finds and determines that the recitals contained 7 hereinabove are true and correct. 8 SECTION 2: The City Council of the City of Vernon does 9 hereby adopt the revised computation of the ECABF rate level which 10 is attached hereto and incorporated herein by this reference. 11 SECTION 3: That the effective date of said revised 12 computation of the ECABF rate level shall be November 1, 1997, and 13 shall continue until rescinded or amended by resolution of the 14 City Council of the City of Vernon. 15 SECTION 4: That effective November 1, 1997, this 16 resolution rescinds existing Resolution No. 5342. 17 SECTION 5: The City Clerk of the City of Vernon shall 18 certify to the passage of this resolution, and thereupon and 19 thereafter the same shall be in full force and effect. 20 APPROVED AND ADOPTED this 7th day of October, 1997. 21 22 23 24 25 ATTEST: ^ /~ 26 BRUCE V. MALKENHORST, City Clerk 27 28 -2- 1 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of 2 3 4 Vernon, do hereby certify that the foregoing Resolution, being 5 Resolution No. 7032, 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 7, 1997, and thereafter was duly signed by the Mayor of the City of Vernon. 6 7 8 9 /~~ 10 B V. MALKENHORST, City Clerk 11 12 (SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3- CITY OF VERNON ENERGY COST ADJUSTMENT BILLING FACTOR COMPUTATION METHODOLOGY Attached as Exhibit "N' is a description of the formula which is used to calculate the Energy Cost Adjustment Billing Factor ("ECABF"). Attached as Exhibit "B" is the "Computation Sheet" which is used to compute the ECABF by reducing the formula to a set of specific computations. Attached as Exhibit "c" is a textual explanation describing the entries to be made on the computation sheet and provides direction for the use of the "Computation Sheet." EXHmIT A ENERGY COST ADJUSTMENT BILLING FACTOR EQUA nON The Energy Cost Adjustment Billing Factor (ECABF) is to be calculated pursuant to the following equation: ECe + C + CP ECABF = -________________ - B Se Where, ECABF = Energy Cost Adjustment Billing Factor per Kilowatt-hour to be Sold ECe = Estimated Fuel and Energy Cost (including tranSmISSIon and dispatching charges for interruptible purchases) for the Current Period C = Correction for Previous Period's Over or Under-Recovery CP = Estimated Correction for the Present Month (Middle Month) Over or Under-Recovery Se = Estimated Kilowatt-hour to be Sold in Current Period B = Energy Cost per Kilowatt-hour included in Base Rates = 2.385 cents/kWh City of Veroon Energy Cost Adjustment Billing Factor Computation Sheet For Three Month Period (NEW THREE MONTH PERIOD) 1. Estimated Ener2}' Costs 2. 3. 4. 5. Purchased Power from SCE a. Energy Charge b. Energy Cost Adjustment c. Total GenlReplacement Costs Cost of Interruptible Purchases Cost of Energy Associated with the Purchase of Firm Power Total Energy costs (1 +2+3+4) 6. Correction Factor 7. 8. 9. Actual Energy Expenses for the Previous Three Month Period $0.00 $0.00 $0.00 Balance of the Unrecovered (Over-Recovered) Energy Expenses at the Start of the Previous Three Month Period $0.00 Less: Revenue Billed - Base Rate and ECA from the Previous Three Month Period $0.00 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 (Current Month) Total Cost to be Recovered (5+9+ 10) 11. Calculation of Factor 12. 13. Estimated kWh Sales 96.74% of Purchases 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) EXHIBIT B $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.02385 $0.00 :LiillU - Balance of the Unrecovered (Over-Recovered) Energy Expenses at the Start of the Previous Three Month Period: The balance at the start of the prior ECABF period of the account maintained to track over- or under-recovered energy expenses. Line 8 - Revenue billed, Base Rate and ECA from the Previous Three Month Period: Actual revenue collected from customers in the prior period. Line 9 - (C) Unrecovered (Over-Recovered) Energy Expenses at the Termination of the Previous Three Month Period (6+7-8): The balance at the end of the prior ECABF period of the account described in item 7. This value represents the sum of the over- or under-recovered energy revenues for the prior period and the balance of the account described in item 7 at the beginning of the last period. Line 10 - (CP) Unrecovered (Over-Recovered) Energy Cost Estimate for the Month of (Current Month): Estimated under or over-recovered cost estimate for the month in which the ECA is being calculated. Line 11 - (ECe+C+CP) Total Cost to be Recovered (5+9+ 10): The sum of the estimated costs and under- or over-recovered expenses and costs to be recovered in the next ECA period. Calculation of ECABF Factor Line 12 - Estimated KWh Sales (96.74% of Purchases): Estimated energy sales for the next period minus a 3.26% to account for system losses. Line 13 - Adjustment for Billing Losses: Estimated adjustment to account for energy not billed during the period. Line 14 - (Se) Total Energy Sales: Adjusted estimated sales to account for billing losses defined in item 13. Line 15 - Total Energy Cost per KWh (11/14): The results of the division between the total costs to be recovered (item 11) by the total expected KWh sales. This values represents the amount by which the Base Rate in Item 16 will be adjusted to determine the new period's ECABF. Line 16 - (B) Amount in Base Rates: The energy rate determined in the Rate Analysis performed in 1984 that would provide a revenue neutrality then. It is proposed that the current value of $0.04385 be changed to reflect the lower current energy costs so that the retail energy rates reflect more accurately the cost of energy. The adjustment proposed is of $0.0200 which results in an effective $0.02385 for the Base Rate. Line 17 - {((ECe+C+CP)/Se) -B)} Energy Cost Adjustment Billing Factor (15-16): The difference between the estimated total cost of energy for the new period (item 15) and the calculated Base Rate as defined in item 6. Page 2 of 2 INTER-OFFICE MEMORANDUM DATE: October 29, 1997 SUBJECT: Ken DeDario, Director, Light & Power Department Carol Dacey, Customer Service Manager Jorge Somoano, Asst. Dir. of Resource Management Gloria J. Orosco, Chief Deputy City Clerk~ RESOLUTION NO. 7032 - A Resolution of the City Council of the City of Vernon Amending Resolution No. 5342 to Change the Energy Cost Adjustment Billing Factor Computation Method Which Establishes An Energy Cost Adjustment Rate Changed for Electrical Energy Distributed and Supplied to Its Electrical Consumers TO: FROM: Transmitted herewith is Resolution No. 7032 which was approved by the City Council on October 21, 1997. GJO/mm enclosure t~ ~ ~1t/ {i {/U October 2, 1997 , .. .. TO: Bruce V. Malkenhorst, City Administrator FROM: Kenneth J. DeDario, Director of light & Power jc{lV'-- SUBJECT: Electric Rates The City of Vernon has prided itself over the years in being one of the lowest cost provider of electrical energy in the State of California. In fact, Vernon has the lowest average rate in the State. The light & Power Department conducted an electric rate study to ensure that all the rate schedules are competitive and to more properly reflect the City's costs in providing electric utility services to the different customer classifications. Several changes are recommended based on analysis of the customer charge, voltage discount, power factor and cost comparisons with other utilities. The recommended changes are as follows: · Schedule TOU-V - Net revenue reduction of approximately $1,066,000. Modifications were made to the power factor adjustment, the voltage discount, customer charge and the winter season demand charge. · Schedule TOU-6 - Net revenue reduction of approximately $277,000. Modifications were made to the power factor adjustment, voltage discount and customer charge. · Schedule 6S-1 - Net revenue reduction of approximately $707,000. Modifications were made to the customer charge and energy charge. · Schedule PA-TOU - Net revenue reduction of approximately $55,000. Created a new time-of-use rate for existing PA-l and PA-2 customers. · All Rate Schedules - No net revenue reduction. Reduce the base energy rate. ..~ \ ' f \, " .. Page - 2 The above recommended changes result in a decrease of approximately $2,105,000 in net revenue for the Light & Power Department. These rate changes will slightly increase costs to those 65-1 customers with monthly bills of $35 or less because of the recommended adoption of a minor customer charge of $7.25 per meter to recover the cost associated with meter reading and billing. Based on the above changes, I recommend that the attached rate schedules be adopted effective November 1, 1997. If you have any questions or comments, please contact me. Thank you for your consideration. KJD/ah Attachments -- . . . CITY OF VERNON LIGHT AND POWER DEPARTMENT Schedule No. PA-TOU POWER-AGRICULTURAL AND PUMPING TIME-OF-USE APPLICABILITY Applicable to power service for general agricultural purposes for general water or sewerage pumping. Service under this schedule is elective for customers with a monthly maximum demand that exceeds 100 kW for three months during the preceding twelve months but are less than 500 kW for any nine months during the preceding twelve months. Service under this schedule is subject to meter availability. TERRITORY Within the city limits of the City of Vernon. RATES Per Meter Per Month Customer Charge " ". . . . ., . . " " " " " .' .. " " " " " " " " " .. " " " " " " " $159.50 Demand Charge (to be added to Customer Charge): All kW of on-peak maximum billing demand. per kW Plus all kW of mid-peak maxirnum billing demand. per kW . Plus all kW of off-peak billing demand. per kW ........ $ 10.635 $ 1.650 No Charge* Energy Charge (to be added to Demand Charge): All on-peak kWh. per kWh . . . . . . . . . . . . . . . . . . . . . . Plus all mid-peak kWh. per kWh . . . . . . . . . . . . . . . . . . Plus all off-peak kWh. per kWh . . . . . . . . . . . . . . . . . . . 3.334C 3.009c 2.507C *(Subject to Minimum Demand Charge. See Special Condition No. 11.) Auth9rized by ~h <;iQ' o( \lernon Ordinance No. 940 Resolution No. 7034 Resolution No. Effective 12/06/83 Effective 11/01/~7 Effective 1 '. Schedule PA-TOU (cont.) SPECIAL CONDITIONS 1. Time Period: Time Periods are defined as follows: On-Peak: 1:00 p.m. to 7:00 p.m. Summer Weekdays except holidays 5:00 p.m. to 10:00 p.m. Winter weekdays except holidays Mid-Peak 9:00 a.m. to 1:00 p.m. and 7:00 p.m. to 11:00 p.m. Summer weekdays except holidays 8:00 a.m. to 5:00 p.m. Winter weekdays except holidays Off-Peak: All other hours: Off-Peak Holidays are: New Year's Day (January 1), Washington's Birthday (third Monday in February), Memorial Day (last Monday in May), Independence Day (July 4), Labor Day (first Monday in September), Veteran's Day (November 11), Thanksgiving Day (fourth Thursday in November), and Christmas Day (December 25). When any holiday listed above falls on Sunday, the following Monday will be recognized as an off-peak period. No change in off-peak will be made for holidays falling on Saturday. The summer season time periods shall commence at 12:01 a.m. May 1 and continue through October 31 of each year and the winter season time periods shall commence at 12:01 a.m. November 1 and continue through April 30 of the following year. 2. Voltage: Service will be supplied at one standard voltage. 3. Billing DelTIand: The billing demand shall be the kilowatts of maximum demand but not less than 25 % of the highest maximum demand established in the preceding eleven months, however, in no case shall the billing demand be less than 50 kW. Billing demand shall be determined to the nearest kW. Aqthorized by the CiQ' Qf VernolJ Ordinance No. 940 Resolution No. 7034 Resolution No. Effective 12/06/~3 Effective 11/01/97 Effective 2 -. . Schedule PA-TOU (cont.) 4. Maximum Demand: The maximum demand in any month shall be the measured maximum average kilowatt input, indicated or recorded by instruments to be supplied by the Utility, during any 15-minute metered interval in the month. Where demand is intermittent or subject to violent fluctuations, a 5-minute interval may be used. 5. Power Factor Aqjustment: When the billing demand has exceeded 200 kW for three consecutive months, a kilovar-hour meter will be installed as soon as practical, and, thereafter, until the billing demand has been less than 150 kW for twelve consecutive months, the charges will be adjusted each month for power factor, as follows: The charges will be increased by 20 cents per kilovar of maximum reactive demand imposed on the Utility in excess of 33 percent of the maximum number of kilowatts. The kilovars of reactive demand shall be calculated by multiplying the kilowatts of measured maximum demand by the ratio of the kilovar-hours to the kilowatt-hours. Demand in kilowatts and kilovars shall be determined to the nearest unit. A ratchet device will be installed on the kilovar-hour meter to prevent its reverse operation on leading power factors. 6. Tempora.ty Discontinuance of Service: Where the use of energy seasonable for intermittent, no adjustments will be made for a temporary discontinuance of service. Any customer, prior to resuming service within twelve months after such service was discontinued will be required to pay all charges which would have been billed if service had not been discontinued. 7. Energy Cost Aclju~tment: The rates above are subject to adjustment as provided for in Resolution No. 7032. 8. In-Lieu of Tax and Franchise Payments: The base rates and charges have been increased by 3 percent to reflect payments in-lieu of tax and franchise payments. 9. Excess Transformer Cap:;.J.ci1;y: The transformer capacity in excess of a customer's contract demand which is either required by the Utility because of the nature of the customer's load or requested by the customer. Excess transformer capacity shall be billed at $1.03 per kVA per month. Authorized by ~e CiQ'ofVernon Ordinance No. 940 Resolution No. 70~4 Resolution No. Effective 12/06/83 Effective 11/01/91 Effective 3 dr...,.,. .... Schedule PA-TOU (cont.) 10. ContraGt Demand: A contract demand will be established by th.e Utility, based on applicant's demand requirements for any customer of record on this schedule who requests an increase or decrease in transformer capacity in accordance with the Light and Power Department Rules for Electric Service. A contract demand arrangement is available upon request for all customers of record on this schedule. Contract demand is based upon the nominal kilovolt-ampere rating of the Utility's serving transformer(s) or the standard transformer size determined by the Utility as required to serve the customer's stated measurable kilowatt demand, whichever is less and is expressed in kilowatts. 11. Minimum Dem3.I).d Charge: Where a contract demand is established, the monthly minimum demand charge shall be $1.03 per kilowatt of contract demand. Author~zed by t1J,e CiQ' qf VefIJon Ordinance No. 940 Resolution No. 7034 Resolution No. Effective 12/06/83 Effective 11 /0 1/97 Effective 4