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HomeMy WebLinkAboutOrdinance 7911 ORDINANCE NO. AN ORDINANCE SUSPENDING THE RATE INCREASE PROPOSED IN THE STATEMENT OF INTENT FILED 'BY TEXAS ELECTRIC SERVICE COMPANY ON MAY 17, 1979 , FOR AT LEAST 120 DAYS BEYOND THE INTENDED EFFECTIVE DATE OF JUNE 21, 1979; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on May 17 , 1979 , the Texas Electric Service Company filed with the City Secretary of the City of Fort Worth a Statment of Intent to Change Rates to make a major change in electric rates proposed to go into effect on June 21, 1979 , which major change in electric rates is estimated by the Texas Electric Service Company to increase its adjusted total operating revenue in the amount of $87 ,997,136 or 16 . 1%; and WHEREAS, under the Texas Public Utility Regulatory Act, (Article 1446c, V.T.C.S. ) , the City Council of the City of Fort Worth is charged with the duty of making a "reasonable determination of rate base, expenses, investment and rate of return within the municipal boundaries" , of the City of Fort Worth; and WHEREAS, it is a matter of public necessity that a thorough investigation be conducted and a hearing held on such requested major change in rates; and WHEREAS, it is necessary that the proposed rate in- crease intended to become effective on June 21, 1979 , be suspended as authorized by Article 1446c, the Public Utility Regulatory Act, for at least 120 days beyond the date on which the schedule of proposed rates would go into effect (October 19 , 1979) ; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION I . That the proposed rate increase of the Texas Electric Service Company intended to become effective on June 21, 1979 , be and the same is hereby suspended as authorized by Article 1446 (_c) , the Public Utility Regulatory Act for at least 120 days beyond such date on which the schedule of proposed rates would go into effect and at least until October 19 , 1979 . SECTION II. Should any part, portion, section or part of a section of this ordinance be declared invalid or inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way affect the remaining portions, parts, sections or parts of sections of this ordinance, which provisions shall be, remain and continue to be in full force and effect. SECTION III . That this ordinance shall take effect and be in full force and effect from and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY: c City Attor ey - ADOPTED: �l EFFECTIVE: g� G -2- FILA fitOY �o Fort WorthS, Texas� l,ERCHERT Mayor Council Communication o e BAILIFF SMITH In Tlie :�c1'Cter v€ Texas F] tric DATE REFERENCE SUBJECT: PAGE. NUMBER Service C 'S 11 PETERSEN . y Application cat io.n to I,ncre a 5/29/79 G-4187 Its Revenues and Rate Structures AUGh11NEi UGH On Tgursday, May 17, 1919, Texas Electric Sex-vice Company filed its request +fir authority to iacrease loexB.l rates propose d. to be effective lune 21, 1979 with all of the cities served in i.ts tevirkrar-y, and with the RUblic Utilities Commission in Austin for all fts "rural- area ct*sFr zter;!°.. The overaL21 scope of the rate increase seeks to kncrease adygsted g,aoss revenues from $.545.14 million to $633.005 million (an $88 million increase) which amounts to an increase: of 16.6 percent. However, rate increases hyt classes and customer catego-rives- vary, e.g. Residential Service would increase approximately 20%; General Service (commercial and industrial) by generally 15%; Higb Voltage Transmission Service by 16%; Water Pumping by 34%; Street. Lighting Service by 28%; School and Municipal Service by 20%. Consistent with the procedures followed in the last TESCO rate cases, the City Attorney, on May 18, 1979, filed a Petition for Leave to Intervene and requested the City be classed as a party in and to the proceeding before the PUC. The Public Utilities Commission of Texas, upon receipt of the company' s applica- tion, docketed the matter as Cause No. PUC-2606, and set Monday, June 4, 1979, at 9:00 a.m. , for the first pre-hearing conference, at which it will determine and classify the parties to the proceedings, establish the hearing date schedules and the timetahiae for submission of evidence from all parties. Members of the City' s Legal-Utilities Office staff pian to attend that bearigg.. In the case just concluded before the PUC, the City joined with other TML/TESCO customer cities in the joint effort of resisting the $110 million rate request submitted by TESCO approximately 1 year ago. The City of Fort Worth' s contri- bution in that effort was substantial, both by services and labor, (the Utilities Supervisor' s Office and Ms. Compton, Assistant City Attorney) , plus a pro-rata contribution of 7,983 (2¢ per capita based on the 1970 census figures) . That joint and several but coordinated approach by the affected cities seems to have merit from an economic standpoint. Due to the active participation of the City of Fort Worth staff and the TML cities group, working closely with that of the PUC Engineering, Accounting, and Legal staffs, the $110 million request in that case was reduced to $38 million in the Final Order of the Public Utility Commission, which is a reduction of 65.46% from the Company' s request. In addition, as a result of the continued hearings and investigations into the Texas Utilities Company afflitates and subsidiaries transactions, a further refund (to TESCO customers) was ordered in the Final Order PUC-1903 on April 20, 1979, in the amount of $1.67 million.. This amounts to .06¢ per kwhr,,and will be refunded in the May and June 1979 billings. Under the terms of the Public Utility Regulatory Act (PURA) of 1975, cities have original jurisdiction over electric and gas utility rate .cases• and must hold public hearings and make other inquiries to justify and determine their position and resultant action in rate matters. DATE REFERENCE SUBJECT: In The Matter of Texas Electric PAGE NUMBER 2 Service Company' s Application to Increa e 2 of 5/29/79 G-4187 Its Revenues and Rate Structures Recommendation That the City Council, in its consideration of the TESCO rate request take the following actions: 1. Set public hearings for the next two City Council sessions, June 5 and 12, 1979, and have the City Secretary publish notice thereof in the official newspaper. 2. That Fort Worth' s participation in cooperation with other TML cities in the rate setting procedure before the PUC to protect the rate interests of the citizens of the City of Fort Worth be approved and confirmed and that an expenditure of not to exceed two cents per capita, based on the 1970 Census ($7,869) for this purpose be authorized. 3. That the increased rate structure proposed by the Company to go into effect on June 21, 1979, be suspended for 120 days beyond that day, by adoption of the attached suspension ordinance. RLH.jc SUBMITTED FOR THE CITY MANAGER'S DISPOSITIO"Y COUNCIL: PROCESSED BY OFFICE BY: APPROVED ORIGINATING r OTHER (DESCRIBE) DEPARTMENT HEAD: Arthur PLwr��"�� � etersen A®QPTE U9' UL, �� -7 ��CI SECRETARY FOR ADDITIONAL INFORMATION o• CONTACT: Richard Aughinbaugh, Ext. 6 98 DATE5)-✓f �`�