Loading...
HomeMy WebLinkAbout1978-022NO 7P -.2 a AN ORDINANCE AMENDING THE CODE OF ORDINANCES OF THE CITY OF DENTON, TEXAS PROVIDING A NEW FUEL ADJUSTMENT CLAUSE FOR ELECTRIC UTILITY SERVICE, AND DECLARING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS, HEREBY ORDAINS SECTION I The Code of Ordinances of the City of Denton, Texas is hereby amended and supplanted by substituting a new subsection (a) (6) Fuel Adjustment of Article 17 09 in Chapter 17 of said Code of Ordinances which shall hereafter read as follows ARTICLE 17 09 - ELECTRIC RATES (a) Residential Service Rate Schedule A-1 (6) Fuel Adjustment All charges of the net monthly rate will be in- creased or decreased 0 01095 cents per KWH for each whole 0 01 cents per KWH by which the aver- age cost of fuel used in the utility's electric generating plants* plus the cost of purchased energy during the calendar month next preceding the billing month is above or below 1 00 cent per KWH Such average cost is determined based on the sum of net KWH generated in the utility's plants* and the KWH purchased during each said month The cost of purchased energy does not include demand charges for purchased power or rental charges for facilities *The determination of cost of fuel and net KWH generation will exclude the cost of specific fuel purchased for and the related KWH generation supplied for off -system contractual sales SECTION II That this ordinance shall become effective the 123 " day of 1978, and the City Secretary is hereby directed to cause the caption of this ordinance to be published twice in the Denton Record -Chronicle, the official newspaper of the City of Denton, Texas, within ten (10) days of the date of its passage PASSED AND APPROVED This the c573 ,QD� day of 1978 JAY MITCHELL, MAYOR TY OF DENTON TEXAS ATTEST, i KS HOLT, CITY SECRETARY CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM PAUL C ISHAM, CITY ATTORNEY CITY OF DENTON, TEXAS -2-