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HomeMy WebLinkAbout28050-10-2025 - City Council - OrdinanceORDINANCE NO. 28050-10-2025 AN ORDINANCE OF THE CITY OF FORT WORTH FINDING THAT ONCOR ELECTRIC DELIVERY COMPANY LLC' S APPLICATION TO CHANGE RATES WITHIN THE CITY SHOULD BE DENIED; FINDING THAT THE CITY' S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY; 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 ("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 June 26, 2025, Oncor filed with the City an application to increase system -wide transmission and distribution rates by about $834 million or approximately 13% over present revenues. The Company asks the City to approve a 12.3% increase in residential rates and a 51.0% increase in street lighting rates; 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; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH THAT: Section 1. The rates proposed by Oncor to be recovered through its electric rates charged to customers located within the City limits, are found to be unreasonable and shall be denied. Section 2. The Company shall continue to charge its existing rates to customers within the City. 1 Section 3. The City's reasonable rate case expenses shall be reimbursed in full by Oncor. Section 4. It is 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. That a copy of this Ordinance shall be sent to 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., 816 Congress Ave., Suite 1900, Austin, Texas 78701. M. PASSED AND APPROVED THIS 21ST DAY OF OCTOBER, 2025. APPROVED AS FORM AND LEGALITY: Lam---rffvu - G, CC-U� Larry Collister, Sr. Asst. City Attorney ATTEST: By: Y Jannette S. Goodall, City Secretary Adopted:October 21, 2025 Effective: October 21, 2025 2 City of Fort Worth, Texas Mayor and Council Communication DATE: 10/21/25 M&C FILE NUMBER: M&C 25-0983 LOG NAME: 21 ONCOR ELECTRIC DELIVERY RATE CHANGE DENIAL 2025 SUBJECT (ALL) Adopt Ordinance Denying the Proposed Rate Change Application by Oncor Electric Delivery Company LLC RECOMMENDATION: It is recommended that the City Council adopt the attached ordinance denying the rate change application proposed by Oncor Electric Delivery Company LLC. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to adopt the attached ordinance denying the rate change application proposed by Oncor Electric Delivery Company LLC and finding that such increase is unreasonable and excessive. On June 26, 2025, Oncor Electric Delivery Company LLC (Oncor) filed an application with cities retaining original jurisdiction seeking to increase system -wide transmission and distribution rates by about $834 million or approximately 13 percent over present revenues. Oncor has requested the City to approve a 12.3 percent increase in residential rates and a 51 percent increase in street lighting rates. If approved, the impact of this requested increase on an average residential customer would be about $7.90 per month. On August 12, 2025, the City took action (M&C 25-0699) to suspend Oncor's rate request from taking effect for 90 days, the fullest extent permissible under the law. This period has permitted the City, through its participation with the Steering Committee of Cities Served by Oncor (Steering Committee), to determine that the proposed rate increase is unreasonable. Consistent with the recommendations of the experts engaged by the Steering Committee, Oncor's request for a rate increase should be denied. Accordingly, the purpose of the Ordinance is to deny the rate change application proposed by Oncor. Once the Ordinance is adopted, Oncor will have 30 days to appeal the decision to the Public Utility Commission of Texas (PUC) where the appeal will be consolidated with Oncor's filing (PUC Docket No. 58306) currently pending at the PUC. The City of Fort Worth retains original jurisdiction over the rates, operations, and services of Oncor within its city limits and must take action to deny the proposed rate increase by October 29, 2025. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that approval of this recommendation will have no material effect on City funds. Submitted for Citv Manaaer's Office bv: Valerie Washington 6199 Oriainatina Business Unit Head: Marilyn Marvin 7708 Additional Information Contact: Juanita Rigsby 8518