G-98-02-12-12A - 2/12/1998ORDINANCE NO. v ` gpc) - - a
AN ORDINANCE APPROVING RETAIL BASE REDUCTIONS FOR
TEXAS UTILITIES ELECTRIC COMPANY, PROVIDING AN
EFFECTIVE DATE THEREFOR, PROVIDING CONDITIONS UNDER
WHICH THE RATE SCHEDULES AND SERVICE REGULATIONS OF
TEXAS UTILITIES ELECTRIC COMPANY MAY BE CHANGED,
MODIFIED, AMENDED OR WITHDRAWN, FINDING AND
DETERMINING THAT THE MEETING AT WHICH THIS
ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED
BY LAW; PROVIDING FOR A SAVINGS CLAUSE AND REPEALING
CONFLICTING ORDINANCES OR RESOLUTIONS.
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
I.
On December 22, 1997, Texas Utilities Electric Company filed
with the Governing Body of this municipality a Petition and
Statement of Intent to implement base rate reductions for its
retail electric service customers within this municipality, which
base rate reductions are components of a settlement reached among
various parties set forth in the Stipulation and Joint Application
for Approval Thereof filed with the Public Utility Commission of
Texas on December 17, 1997.
II.
The rate schedules implementing such retail base rate
reductions that are approved for Texas Utilities Electric Company
and set by the Public Utility Commission of Texas pursuant to the
said Stipulation and Joint Application for Approval Thereof filed
by said Company with the Public Utility Commission of Texas are
hereby approved as the rate schedules implementing such retail base
rate reductions within the corporate limits of this municipality
K:\WPDOCS\ORDZNANC\OR80122A.WPD/scg
until such time as the rate schedules of Texas Utilities Electric
Company may be changed, modified, amended or withdrawn with the
approval of the Governing Body of this municipality.
III.
The aforesaid rate schedules herein approved shall be
effective from and after the date the Public Utility Commission of
Texas orders the retail base rate reductions effective for Texas
Utilities Electric Company, provided that, in order to effect
uniform systemwide rates, such retail base rate reductions may be
earlier placed in effect within this municipality to the same
extent that such retail base rate reductions are earlier placed in
effect pursuant to an order of the Public Utility Commission of
Texas authorizing such retail base rate reductions on an interim
basis in the territories over which the Public Utility Commission
of Texas exercises original jurisdiction.
IV.
The filing of the rate schedules implementing such retail base
rate reductions -- being Rider RRD - Residential Rate Reduction,
Rider GSRD - General Service Secondary Rate Reduction, and Rider RD
- Rate Reduction -- shall constitute notice to the consumers of
electricity, within this municipality, of the availability and
application of such rate schedules.
V.
Nothing in this Ordinance contained shall be construed now or
hereafter as limiting or modifying in any manner, the right and
power of the Governing Body of this municipality under the law to
regulate the rates, operations, and services of Texas Utilities
Electric Company.
2.
VI.
This ordinance shall take effect immediately upon its final
adoption.
VII.
A. All ordinances, parts of ordinances, or resolutions in
conflict herewith are expressly repealed.
B The invalidity of any section or provision of this
ordinance shall not invalidate other sections or provisions
thereof.
C. The City Council hereby finds and declares that written
notice of the date, hour, place and subject of the meeting at which
this Ordinance was adopted was posted and that such meeting was
open to the public as required by law at all times during which
this Ordinance and the subject matter hereof were discussed,
considered and formally acted upon, all as required by the Open
Meetings Act, Chapter 551, Texas Government Code, as amended, and
the Act.
nd-
READ and APPROVED on first reading this the �O " day of
, 1998.
READ, APPROVED and ADOPTED on second reading this the
I a day of J WW1 1 98.
ATTEST:
E LAND, City Secretary
CHARLES CULPR, Mayor
City of Round Rock, Texas
3.
DATE: February 6, 1998
SUBJECT: City Council Meeting, February 12, 1998
ITEM: 12. A. Consider an ordinance approving the Texas Utilities Electric Company
Retail Base Rate Reductions as set by the Public Utility Commission.
(Second Reading)
STAFF RESOURCE PERSON: David Kautz
In a proposed settlement with the Public Utility Commission and other entities that will ultimately
lead to deregulation of the electric utility industry in Texas, TU Electric is requesting approval of
the following rate reduction schedule.
Residential - 4% beginning January 1, 1998 (already in effect)
Residential - 5.4% beginning January 1, 1999 (cumulative)
General Service Secondary (small to medium commercial users) - 2% beginning January 1, 1998
Remaining retail customers (larger commercial, industrial) - 1 % beginning January 1, 1998
Provisions in the final agreement between the parties would apply to all participating cities.