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HomeMy WebLinkAboutOrdinance 22821-08-2017 ORDINANCE NO. 22821-08-2017 AN ORDINANCE DENYING THE APPLICATION TO CHANGE RATES WITHIN THE CITY OF FORT WORTH FILED BY ONCOR ELECTRIC DELIVERY COMPANY LLC; CONFIRMING RATES THAT ONCOR MAY CONTINUE TO ASSESS CUSTOMERS IN THE CITY OF FORT WORTH; DIRECTING ONCOR TO REIMBURSE THE CITY'S REASONABLE RATE CASE EXPENSES; FINDING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS ORDINANCE TO THE COMPANY AND LEGAL COUNSEL WHEREAS, the City of Fort Worth, Texas ("City") is an electric utility customer of Oncor Electric Delivery Company LLC ("Oncor" or"Company") and a regulatory authority with an interest in the rates and charges of Oncor; and WHEREAS, the City is a member of the Steering Committee of Cities Served by Oncor ("Steering Committee"), a coalition of similarly situated cities served by Oncor that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in Oncor's service area; and WHEREAS, on or about March 17, 2017, Oncor filed with the City an application to increase system-wide transmission and distribution rates by $317 million or approximately 7.5% over present revenues, with the Company asking the City to approve an 11.8% increase in residential rates and a 0.5% increase in street lighting rates; and WHEREAS, although the proposed rates constitute a major change under Chapter 36 of the Texas Utilities Code, no complaints were received before the 46th day after the date notice of the change was filed, meaning an informal proceeding in the form of City Council consideration of a Mayor and Council Communication and this ordinance is legally sufficient; and WHEREAS, the Steering Committee is coordinating its review of Oncor's application and working with the designated attorneys and consultants to resolve issues in the Company's filing; and WHEREAS, through review of the application, the Steering Committee's consultants determined that Oncor's proposed rates are excessive; and WHEREAS, the Steering Committee's members and attorneys recommend that members deny the Application. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: Section 1. The rates proposed by Oncor to be recovered through its electric rates charged to customers located within the City limits, are hereby found to be unreasonable and shall be denied. Section 2. The Company shall continue to charge its existing rates to customers within the City. Section 3. The City's reasonable rate case expenses shall be reimbursed in full by Oncor within 30 days of the adoption of this Ordinance. Section 4. It is hereby officially found and determined that the meeting at which this Ordinance is passed is open to the public as required by law and the public notice of the time, place, and purpose of said meeting was given as required. Section 5. A copy of this Ordinance shall be sent to Oncor, Care of Howard Fisher, Oncor Electric Delivery Company, LLC, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202 and to Thomas Brocato, Counsel to the Steering Committee, at Lloyd Gosselink Rochelle & Townsend, P.C., P.O. Box 1725,Austin, Texas 78767-1725. APPROVED AS TO FORM: ATTEST: hn B. Strong &iary J. Assistant Cityorney City Secretary Approved and Effective: August 15, 2017 Ordinance No.22821-08-2017 Page 2 of 2 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 8/15/2017 - Ordinance No. 22821-08-2017 DATE: Tuesday, August 15, 2017 REFERENCE NO.: **G-19066 LOG NAME: 21ONCOR RATE INCREASE DENIAL SUBJECT: Adopt Ordinance Denying the Application of Oncor Electric Delivery Company LLC to Increase System Wide Transmission and Distribution Rates (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council adopt the attached ordinance, denying the application of Oncor Electric Delivery Company LLC to increase system wide transmission and distribution rates. DISCUSSION: On March 17, 2017, Oncor Electric Delivery Company LLC (Oncor or Company) filed an application with cities retaining original jurisdiction to change the Company's rates. In the filing, Oncor seeks to increase system-wide transmission and distribution rates by $317 million, or approximately 7.5 percent, over present revenues. The Company asks the City of Fort Worth (City) to approve an 11.8 percent increase in residential rates and a 0.5 percent increase in street lighting rates. If approved, a residential customer using 1000 kWh per month would see a bill increase of about $6.68 per month. Fort Worth works collectively with 158 other cities through the Steering Committee of Cities Served by Oncor (Steering Committee) to address electric utility issues, including reviewing and making recommendations on rate filings. In March the Steering Committee engaged the services of three consultants, Mr. Lane Kollen, Mr. Richard Baudino and Mr. Karl Nalepa, to review Oncor's application. The consultants identified numerous expenses as being unreasonable and proposed significant reductions to Oncor's request. Accordingly, the Steering Committee's attorneys recommend that all members, including the City, take action to deny the rate change. Once the Ordinance is adopted, Oncor will have 30 days to appeal the decision to the Public Utility Commission of Texas where the appeal will be consolidated with Oncor's filing (i.e. PUC Docket No. 46957) currently pending at the Commission. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that there is no material impact to the City's 2017 budget. FUND IDENTIFIERS (FIDs): TO Fund Departmentccoun Project JProgram ctivity Budget Reference # �Amountl ID 1A ID Year ChartField 2 Logname: 21 ONCOR RATE INCREASE DENIAL Page 1 of 2 FROM Fund Departmentccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Jay Chapa (5804) Sarah Fullenwider (7606) Originating Department Head: J B Strong (7627) Additional Information Contact: Steve Cooke (5118) Logname: 21 ONCOR RATE INCREASE DENIAL Page 2 of 2