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HomeMy WebLinkAbout1977 r _ Gilbert Managoment ConsultantsedivisronoIGilbedAssociates, nch 0 tancaaer Avenue, Reading, PenneYlranie/ P.O. boe 1498, Reading, PennsYNania 19tP>f13 Telephone 215.135.26001 Cable Gilasocllelez 836.431 October 31 , 1977 City of Denton Denton, Texas 76201 Honorahle Mayor, City Council, and Members of the Public Utilities Board: At your request, and with the cooperation and assistanca of Denton Electric Utility personnel, Gilbert Management Consultants, A Division of Gilbert/ Commonwealth, has conducted a Management Review of the City of Denton's Electric System. We are pleased to present herewith our findings. In a Management Renew, it is essential that the Consultant maintain the perspective of problem identification rather than problem solution. Accordingly, our Report has een organized to set forth the responsibilities andjrovide and duties various functions, invthe electricdations activities r carried findingst resulting from our review of the utility organization. As you are aware► Gilbert consultants met with members of the City Council, the Public Utilities Board, and key utility managers. inese meetings were held on an individual basis to discuss specific aspects of various functions and to solicit comments and viewpoints on particclar problems. It should be noted and emphasized that we have operated in a completely independent fashion. No questions went unanswered and all information requested was provided, I should like to express our appreciation for the time and interest of the many emplo,/ees of the City of Denton devoted to this effort. We particularly appreciate the candor with which City Council, the Public Utilities Board, .and service questions. to customers is within obvious your serviceion There providing n the responded best d possible our to p area, We are especially indebted to Mr, Robert Nelson, Director of utilities, who servci most effectively as liaison with our organization, and to the several citizens of Denton who took the time to provide us with invaluable comments. 10 ho uttgt Nn Ywi. NY N 4217111 r ONbart Mamosmant Can*Ot City of Qet ton October 31, 1977 Page 2 Please feel free to call upon us should you believe we can amplify or clarify any information presented in this Report. Respectfully submitted, GILBERT MANAGEMENT CONSULTANTS / r; J,; ; A. A. Herman, Jr., ProJec.t Manager Consulting Economist AM,Jr:wbc TABLE OF CONTENTS Pace LETTER OF TRANSMITTAL PREFACE SUMMARY SECTION I - INTRODUCTION Authorization I-1 Scope of Services I-1 Approach and Methodology I-2 SECTION II - MANAGEMENT/ADMINISTRATION Introduction 'I-1 11 -6 Findings Recommendations II-12 SECTION III - OPERATIONS Introduction III-1 Findings III-3 Recomnendations II1-14 SECTION IV - FINANCE/ACCOUNTING Introduction IV-1 Findings IV-3 Recommendations IV-14 SECTION V - SYSTEM PLANNING Introduction V-1 Generation Plinning V-2 Recommendations V-10 SECTION VI - TEXAS MUNICIPAL POWER AGENCY Introduction VI-1 Recommendations VI-8 SECTION VII - POWER SUPPLY ALTERNATIVES Introduction VII-1 Findings VII-13 Recommendations VII-15 TABLE OF CONTENTS Cont'd Page APPENDICES Appendix A - Contract A-1 Appendix 8 - Generating Station Procedure for 8-1 Plant Switching and Tagging Appendix C - City of Denton Correspondence C-1 Appendix D - Texas Power b tight Correspondence D-1 \}mot"!)`.J1,`:i Rd r;li+.`T.•':1\~•~'1 ,`t'. ,.~1., v.tK r v ~ i ~ YOdr cae.. ra,R RWfMNill PREFACE The City of Denton's Electric Utility System has reached an important stage in its growth. Like most small munic'pal systems, the need for additional power during a period of rising costs has created a number of situations never before addressed. In order to properly manage the situation and guide the utility system, Denton will require the close cooperation of its citizens, employees, and organizations within the community. As an organization, the Electric Utility is responsible for providing the citizens of Denton with reliable and economical power. This Management Review of the Denton Electric Utility System, conducted by Gilbert Management Consultants, has concentrated its efforts not so much on past performances, but rather on the organization, policies, and procedures needed for the fu_,tur4k However, an indication of future performance begins with an assessment of the past, and we have used the past as a starting point for this evaluation, This Management Review encompasses the organizational functions :)f Management, operations, planning and finance. Inherent in most management reviews is in emphasis on those areas found to be below generally accepted utility standards. We have, however, tried to accent the positive as well as the negative in order to identify functions or operations achieving a high level of efficiency. SUMMARY Stu~t,rpose in My, 1477 the City of Denton engaged Gilbert Management Consultants to perform a Management Review. The study was to be broad based and cover the principal areas of management, operations, and finance. The Project Team, comprised of four people with varied backgrounds and fields of expertise, conducted field investigations over a six week period. Interviews were held with Electric Utility System Management and supervisory personnel. She study revealed a number of areas found to be deficient, both in specific methods and procedures and in broader organization and management approaches. Many of the problems were initially identified by Denton's electric supervisors as needing attention. The study presents recommendations for improving tLe existing electric utility operation in achieving its objective of providing reliable and relatively economical power. Re kort Organization The snecific findings of the full report have been summarized into seve..a1 segments to separate those that involved findings which concern the Electric Utility System as a whole and those findings primarily concerned with functional or departmental matters. Included also are comments concerning the relationship with T.M.P.A. and power supply alternatives. This breakdowr, orings into focus those majs.r conclusions of the investigation which affected all or many of the departments of the City's electric system. The body of the Report provides the detailed findings and conclusions that support the recommendations made as well as the offectivrness of Management and operations. The Project Team reviewed the adequacy of manpower and, where necessary, suggested the need for additional personnel. As a matter of interest, tW e Adhk reemmmendations covered only two positions (one in the production area and one in engineering). Both positions are of the assistant type, freeing supervisors from redundant day-to-day operations. Findings of a Comprehensive Nature A. plannin Recognizing its critical importance to a utility, planning was given special emphasis during the study. An overall conclusion is that many of the planning activities have been assigned low priorities considering the importance these have on strategic decisions. The key findings are as follows: 1, Many of the planning functions are presently being conducted by T.M,P.A. personnel with little input by Denton. This has resulted in what we believe to be an over reliance on this outside agency for the development of system plans affecting Denton's electric utility operations. An example of this is the load forecast prepared by the T X N A. staff which was subsequently changed to more accurately reflect the growth being experienced by Denton. We have recommended that more of the planning activities be perfoimed by Denton personnel for purposes of comparison with the plans presented by T.M.P,A. We believe this will result in better estimates of the impact these plans have on the City of Denton and will give Management more information upon which decisions can be made, 2, A formal five year construction program is required by the City Charter, At present, such a plan does not exist in the prescribed format. This format requires that a list of capital improvements - ca*+rc~ shall be arranged in order of preferenr.e, with recommendations as to which projects should be constructed in each year. The formalization of a constructjon plan would be of invaluable use to the electric utility as well as other City departments. The utilization of a capital improvements program in preparing the budget, manpower requirements, and financing plans could ►asult in significant cost savings. B. Rates and Cost Comparisons 1. Denton ranked sixth in electric rates per lev,il of consumption of the eleven municipal and private utilities compared, Two of the municipals were lower (Garland and Lower Colorado River Authority) and one private utility company was higher (Central Vower and Light). On an average residential basis (assuming 1000 KWIi per month) Denton's monthly charge of $36.96 compares with a low of $22.79 for Texas Electric Service Company and a high of $43.96 for the City of Austin. The average for all eleven systems was $30.87. Detailed tabulation follows in Exhibit I of Section IV. 2, Analyses were conducted comparing Denton's revenue dollar and cost per 1000 KWH in 1976 with the private utilities used in o+or rate comparisons, The results indicate that the fuel cost for Denton is the overriding reasn behind the higher rates. As a percent of the revenue dollar, Denton's electric utility is paying 55% while Texas Electric Service Company is ;paying 25%. Texas Power and Light's fuel cost per revenue dollar is 38%, Fuel cost per 1000 KWH ranges from $16,75 for Denton to $9.92 for TP&L, down to a low of $4.93 for Texas Electric Service Company. COW ICeavW"Ah On a total average cost per 1000 KWH, which includes other operation and maintenance, depreciation, taxes Vo r the private utilities), and interest/debt service/return, Denton's co•t is $28.53 compared to TPdL's of $26.33 and TESCO's $20.22. Because of the fuel situation, it is unlikely that Denton will experience any reduction in its rates for the future. Findings of a Functional Nature A. Production While we have found the power plant facility to be well-run, there are several specifi: items of concern: 1. In our investigations of Denton's electric operations we found . little documentation for safety blocking and tagging at the plant and in the electric distribution system. Since safety is always a maJor concern of any electric utility we have recommended that immediate steps be taken to correct this situation. Appendix B Is provided as an example of a safety procedure for plant switching and tagging. 2, Evaluations of incremental unit costs and heat rates for economic dispatch and spinning reserve have not been conducted since the generating units were installed. With the high fuel costs presently being experienced, efficiencies gained from a more economical utilization of Denton's generating units might offset increased maintenance costs resulting from frequent shutdown and startups. There is a lack of a formal train+^; progra,n for production personnel. Training is conducted as time permits and does not follow a definite, scheduled program. - G#w11Ca W*hvWU B. Distribution Our major finding in the distribution area is the apparent lack of up-to-date system maps showing geographical and electrical details of all distribution circuits. Maps showing transformer location, size, primary phase connection and number and classes of secondaries and/or services connected to the transformer provide the data base for circuit lead management, This lack of Information-usually results in an expensive overdesign of the distribution system. Often unnecessary transformers are added to serve new customers wiere existing transformer capacity would have been sufficie,it to handle the additional load. We have recommended that load management studies be conducted based on updated system maps. Additionally an updated and expanded distribution mapping system would prove to be an invaluable tool for use in system restoration during conditions resulting in the interruption of service. C. Engineerin Of the several Electric Utility Departments, the Engineering Department has suffered most due to the absence of a Director of Utilities for an extended period. The Engineering Department was attempting to perform too many duties without the guidelines and supervision from a Director of Utilities. It is also understaffed f.;r the assigned number of functions and this has contributed to the disjointed efforts )f the Department in fulfilling its planning responsibilities. 0. finance/Accounting I. The major finding in the financial area is the matter of ur er- funding of the Extension and Improvement Fund. It is our understanding that steps are being taken to alleviate the situation. C e 2. It is our opinion that the electric utility does not have an adequate asset accounting or work order system for maintaining the property records of its plant-in-service. The significance of this deficiency is that as the electric s;stem grows and becomes more intricate, an inventory of plant and equipment is required to insure proper planning for replacements and retirements. 3, we hay% found that meter reading has not met schedules as established. Primarily this is caused by either low productivity, poorly designed routes, or insufficient manpower. Due to the rate differentials between the summer and winter seasons and attendent changing fuel adjustmentss customers could be over-charged or the utility might not be recouping its actual Nall ei-nenditures. Findings Related to Texas Municipal Power Agency The impact of TMPA on Denton's Electric Utility operations is obvioubly of major concern to the Citizens of Denton. Our examination of the relationship between Denton and TMPA finds that information for review and analysis has been provided by TMPA on a somewhat limited basis. The follo0 ng are our major findings regarding this problem: 1. The decision by Denton to participate in TMPA was apparently made without Denton investigating and analyzing all the alternatives available to the City at that time, Recommendations have been made to review other alternatives such as purchased power prior before commiting to future TMPA generation plans. 2, The potential liabilities of TMPA participation assumed by the City of Denton r,ave never been delineated to measure the extent of financial risks. Contingency plans in the event of breakdown or schedule slippage G1brt ltmvec,~w.iu have not been formalized or the costs developed to indicate the magnitude of this venture. It must be continually recognized that participation in TMPA is a major undertaking for the four municipal --stems of this size. 3. The agenda for TMPA Board Meetings was not provided to Denton's representatives in sufficient time to allow review and discussion with City Council and ,he Public Utilities Board. Findings of Power Supply Alternatives Revenue requirements and corresponding unit electric power costs (mills/kwh) have been determined for three mutually exclusive power supply alternatives. In essence, the study is intended to test the reasonableness of costs that can be expected from Denton's decision in July 1976 to participate in TMPA. These alternatives are: o Base Case - Continued Independent system expansion of the City's generation facilities, o Case 1 - Participation in the Texas Municipal Power Agency (TMPA). o Case 2 - Purchase of wholesale power for resale from the Texas Power b Light Company (TP&L). For the ten year period 1976-1987, revenues and expenses were forecast to analyze each study alternative based on certain major assumptions for fuel costs and load growth. For comparison purposes, it was assumed that the City of Denton had the choice of pursuing either of three independent plans listed above without regard to the City's commlited participation in TMPA. {~Ih,rtltamnan.a~N We have summarized our results to illustrate the major cost differences between the three study cases. We cmnclude that: 1. Conticued independent exparsion of the Denton generation system is not economically practical with respect to the magnitude of the City's added capacity requirements. Escalating plant and fuel costs do not allow the achievement of economies of scale necessary for today's electric systems. 6ben continued independent expansion is compared to the TMPA (Case 1) alternative, leveiized system costs favor the TMPA Alternative by 8 mills/kwh. This confirms previous studies conducted by R. W. Beck and Westinghouse. 2. For the TMPA alternative, we have forecast a unit cost of 45 mills/kwh Writ) which is 15% higher than previously published data (3.9t) by TMPA in thEir September 1976 Bond Report. This increcse 13 due mainly to higher plant and facilities costs. We find the costs of TMPA participation to be reasonable when compared with future costs being experienced by other utilities. TMPA is prudently shifting to lignite and purchased portions of nuclear plants whict offer economies Denton could not experience through independent action. 3. Based on 1981 projections for TP&L wholesale power rates (Case 2), it is apparent that this may be a more attractive alternative to the citizens of Denton. Case 2 results are somewhat hampered in that they do not contain a like degree of accuracy or confidence level as in the data for the other cases. The case should at best be considereO speculative at present pending further definition and obtainment of additional data from TP&L. - f.~n 1commaxr~M1~ Our studies indicated the TMPA alternative to be a reasonable and acceptable route for Denton to pursue under present economic conditions. Our economic comparisons resulted in a 10 year levelized Customer Unit Cost in mills/KWH as follows: Base Case Case 1 Case 2 53.3 45.0 41.5 However, we recommend that Denton continue to monitor TMPA cost projections and project schedules to insure that costs remain comparable to those estimated for purchrse power, As noted in Section V19 our judgement is that Gibbons Creek #1 will not be available until 1983. This delay nay necessitate emergency purchases and most certainly will result in additional costs due to the purchased power and the financing of increased capital costs associated with Interest During Cunstruction and added escalation. Prior to future commitments for generation projects, we recommend that Denton require TMPA to study all reasonably available alternatives. Our studies show that wholesale power (Case 2) may be attractive for Denton in the future and should be studied as both a TMPA and Denton alternative, SECTION 1 INTRODUCTION AUTHORIZATION This assignment was authorized by the City of Denton by Contract dated July 12, 1971, thereby accepting Gilbert/Commonwealth, Engineers and Consultants, Company Proposal for a Management Review of the Electric Utility. SCOPE OF SERVICES As provided by the Home Rule Charter of the City of Denton (Article XII, Section 12.08(f)), a Consultant is required to conduct a general management study of the Electric Utility owned and operated by the City of Denton. In addition to the Management Review, Gilbert proposed to identify and compare various alternatives legally available to the City of Denton for future power requirements, Our services included a review of the organization, policies, and procedures presently existing and in operation. The review assessed how Denton has fulfilled its Charter of providing power to its citizens in the past and whether the organisation can continue to meet its obligations for the future. Included in the review was a determination of the efficiency of the Management Group which consists of City Council, the Utility Board, the City Manager, and the Directors of Utility and Finance. From an operations viewpoint, the electric production, distrit,ution, and engineering functions were I-1 evaluated based on generally accepted industry standards. Those services maintained under the Director of finance (consisting of Accounting, Customer Service, Data Processing, urchasing and Warehouse) were likewise evaluated. In addition to the organizational evaluations, we reviewed the adequacy of personnel, training and experience, employee benefits/salary structure, and the physical facilities of the Denton Electric Utility. Particular emphasis was placed on the organizational controls available to the City of Denton regarding its participation in the Texas Municipal Power Agency. A►i integral part of the Management Review centers on those functions related to future planning for both energy production and financing. Therefore, load forecasting, power supply planning, capital expenditures and financial management were evaluated from a functional rather than an organizational basis. Finally, for those areas which have been found to be below s%'andard or less efficient under the present organization, recommendations were made for improvement based primarily on the Consultants' experience and judgement. APPROACH AND METHODOLOGY In order to accomplish the aforementioned services, Gilbert Management Consultants conducted an extensive number of interviews with members of the Management organization and with supervisory personnel. The purpose of the interviews was to determine how each views his respective functions and to ascertain the working relationships arong those managing the Electri: Utility System, As a result of the interviews, particular areas of concern were identified and investigated in greater depth, wan1cam"Wom I-2 For each principal utility function (production, distribution, engineering and finance) we evaluated policies and procedures and compared these with accepted industry standards. In case of the Management Group, we initially determined responsibilities for particular areas of the utility operation according to the City Charter and those Ordinances related to utility functions. The Consultants then assessed whether those responsibilities were being conducted in an efficient manner. This area of review was highly subjective in iature due to interpretations of duties not specifically delineated within the Charter itself. Each individual had his own interpretation of how certain l relationships should be carried out. In this regard, our staff has correctly chosen to ignore personalities, keeping in mind the objectives. Having established how the utility operates within the present organizational structure, we then analyzed the data in a completely independent environment to determine those areas of concern and those presently operating in an efficient manner. Finally, recommendations have been made which in our opinion, if implemented, would lead to greater efficiencies and/or improvement of the electric utility system. C#AA ~faMnon.unl~ i•3 .y r a ~ i+' s ' [ v • ~°gf''~i ~ S vt~ ~ f i p ^yH i}~.. ti },j ~`5~~v Y.x V k~ q n ,dCe~rV i';.., iu t..4 'm Ay ~ ~~~R~ ~ .~y ~ f a•f ~ y P ~.e ° f T ` s. F E • 1i f Ask SECTION It MANAGEMENT/ADMINISTRATION INTRODUCTION As set forth in the City Charter adopted in 1959, the Electric Utility is administrated anew operated under an organizational framework having built-in checks and balances. While operations are the responsibility of the Director of Utilities, many functions associated with the electric operation were placed in other areas of the City Government. In addition to functional responsibilities managed by appointed personnel under elected representatives, there exists the Public Utilities Board which acts as an advisory board to the electric utility. From an organizational standpoint, the administration of the electric utility is as follows: CITY COUNCIL F-= PUBLIC UTILITIES BOARD CITY MANAGER DIRECTOR DIRECTOR OF FINANCE OF UTILITIES II-! In this Section of the Report, descriptions are developed for the functional responsibilities, authority, and relationships associated with the administration of the electric utility organization as now constituted. At preasent, the Management of the electric utility is comprised of five entities or individuals: 1. City Council - Ultimate responsibility for the administration and operation of the.electric utility rests with the five elected representatives of City Council which are elected for a two year term, Due to the political nature of the position, continuity cannot be assumed, and as a result, City Council must rely on the advice and recommendations of the Utility Board, the City Manager and the Director of Utilities and Director of Finance. The basic responsibilities of City Cuuncii include the establishment of policies and guidelines for the operation of the electric utility, the setting of rates, the approval of expenditures and budgets, and, most importantly, the appointment and selection of qualified Individuals to the Public Utilities Board and to the position of City Manager. City Council must have complete confidence in both the Board and the City Manager since for the most part, actions taken by Council involving utility matters are based on their recommendations. Council must be provided with timely and appropriate information for decision-making purposes so they can properly fulfill their role in the administration of the electric utility affairs, c+anltomm "ev lI-2 Adak Ah 2. Public Utilities 9oard - The P.U.B. has no stated authority except to expend funds for information and advertising. Yet, it does occupy a position of assumed authority given by consent of City Council. The Board's five members are appointed by City Council for a four-year term. In addition, the City Manager and the Director of Utilities are ex-offico members of the Board and are required to attend meetings but they have no vote on any proceedings. In general, the P.U.B. does not participate in the day-to-day operations of the electric utility, but concerns itself more with the long-range planning for the utility. The City Charter specifically addresses this as follows; "All actions recomriending expansion of the system :nd making of additions and betterments thereto or extensions thereof, the incurring of indebtedness, the issuance of bonds, and the fixing of rates and charges for utility service shall be submitted to the Board for review and approval." A further function of the Board is to review the budget, make changes as appropriate, and submit it to the City Manager, who must incorporate this into the,general budget, without change, for approval by City Council. Two specific responsibilities of the Board are: (1) the review and approval of a five year capital expenditure program, and (2) the initiation of a general minagement survey of the utilities. The Public Utilities Board, much like City Council, consists of dedicated citizens acting in an advisory capacity. Of the five members, two G"I1CmWWWO" I 11-3 have been members since the Board was formed and two others have been members for more than seven years. The remaining member was appointed more than a year ago. The members meet on a monthly basis, with special meetings called as required. 3. City Manager - By far the most sensitive City position is the one held by the City Manager. As Chief Executive Officer of the City, his authority extends to all areas of City government. , Appointed by City Council, he must implement the policies set forth by Council in a professional manner, recognizing the realities of conducting the affairs of the City with a minimum amount of political influence. Thi basic responsibility of the City Manager is that he provide the leadership necessary for the successful administration and operation of the electric utility. Both the Director of Utilities and the Director of Finance report to the City Manager. The degree of deligations to these positions depends to a large degrea on the experience and interest of the City Manager. He could take a very active role in the actual operation of the utility or rely heavily on the Directors of Finance and Utilities. Either approach is appropriate depending on the circumstances. The City Manager provides pertinent information to the Council and the Board for decision-making purposes, kLaping in mind that open channels of communications are a necessity in municipal operations. Although responsible for the preparation and administration of the overall City budget,, the City Charter excludes the City Manager in the preparation final lcoe+reoew,n7~ 11-4 ti of the budget for utility operations. In reality, he does have some influence on the utility budget through the Director of Utilities and the Public Utilities Board. 4, Director of Utilities - The Director of Utilities reports to the City Manager and is selected by him with the ap,:roval of the- Public Utilities Board. The Electric Superintendent and Utility Engineer report directly to the Director of Utilities. In addition to the stated duties (City Charter) for maintaining and operating the electric utility, the Director of Utilities has a number of implied obligations and assigned responsibilities. These include providing much of the information required by the City Manager and the Public Utilities Board, maintaining close working relationships with other departments of City government which provide the electric utility with support services, and planning public relattions aspects to promote better understanding by the citizens of the problems of the utilities. In addition to administrating the needs of Denton's own utility functions, the Director of Utilities also serves on the Board of Directors of the Texas Municipal Power Agency. In this capacity, he represents the interests of Denton in the development of the Agency. 5. Director of Finance - The Director of Finance is responsible for the administration of the financial affairs of the City as well as the Electric Utility. Under the Director of Finance are five utility- related functions. These are accounting, customer service, data processing, purchasing, and warehousing. II-5 The Director's responsibilities include the supervision of the disbursement of funds, the collection of revenues, the purchasing, storage, and distribution of supplies, materials, and equipment, and the approval of all expenditures. He prepares estimates of revenues and expenditures as directed by the City Manager, issues monthly statements of all receipts and disbursements, prepares a complete financial statement and report at the end of each fiscal year and oversees all investments. FINDINGS Overall, the electric utility is managed in a relatively informal manner without strict control and documentation. The City Council has the major responsibility for decisions affecting the electric utility. The members of Council as the elected representatives of the citizens, are in the best position to do what is best for the majority of the people. Council necessarily has relied heavily on recommendations presented to them by the Public Utilities Board, the City Manager, and the Director of Utilities for their decisions. However, over the last few years, it has become appa,Nent that electric utility operations and costs are at the forefront of concern of the citizens of Denton. This is a common concern shared by all investor-owned and municipal utilities. This requires that City Council be more informed on utility affairs since all decisions are closely scrutinized by the public. Therefore, the entire decision making process needs to be reviewed to ensure that the best interests of the citizens is being followed. Specifically, the following are areas of concern. Cart IcimmWesith II-6 City Council - In reviewing the process by which decisions are made, emphasis must be placed upon the planning function which requires input from the electric utility staff, the Directors of Utilities and Finance, the City Manager, and outside consultants. In that regard, our findings indicate that while Council must be deeply concerned over the electric op?ration, they rightfully must delegate the technical aspects to others, Council is not, and possibly never will be, made up of individuals with the necessary education and experience in electric utility operations to make decisions witijut significant input from the Board, the City Manager and the Directors. Although City Council has ultimate responsibility, detailed operations and planning needs to be conducted by a professional staff within the overall guidelines set by Council. We find that City Council members have been conducting their duties in a responsible manner reflecting the desires and wishes of the citizens. The .'ouncil members are dedicated and responsible people and have generally followed the intent of the Charter regarding the electric operation. One difficulty with City Council is its inexperience in utility affairs and resultant dependence on others. This-, however, is to be expected and Is of some benefit in that there are no preconceived ideas regarding the electric operation. At the same time, the concerns of individual council members has led to more thorough investigations and a better understanding of the Plectric utility operation. Several areas where City Council should focus their attention are as follows: cro.n ic~~~n~ 11.7 . ~r+ 1. For several years there has existed a deficiency in the electric utility operation due to insufficient monies for the Extension and Improvement Fund as required under Bond Covenants. Council has been aware of this conditic;n for some time and has allowed it to continue. Further discussion on this matter will be covered in the financial portion of this Report. 2. City Council needs to address staffing requirements periodically. The'previous City'Manager operated without a Director of Utilities for a period of approximately 18 months. This occurred during a time when maJor decisions for Oenton's future were decided, and as such, Denton did not have the benefit of input by a Director of Utilities. 3. Particular concern by Council has already been directed toward the length of service of those on the Public Utilities Board. It is our op7nion that no benefit can be obtained by limitiig the terms cf Board members. We feel that City Council can best fulfill its duties by a careful review of each Board Meober 7.s his term expires. Of paramount importance is the competence of those appointed. As previously mentioned Council must have confidence in their ability to provide timely and well thought- out recommendations. Public Utilities Board - As :,n advisory board to City Council, responsible for reviewing and overseeing the electric operation, we find that the Board could be more aggressive in conducting its duties as required under the City Charter. These findings are brought about by the lack of future plans, and the disregard of certain specific items as set forth in the City Charter. We believe that the Board must reaffirm its position in determining the long-range plans of the electric utility. We have found the general working relationships between the Board and the management team to be excellent and we would expect this to continue into the future. Several specific areas where the Board could A mprove its efforts are as follows; 1. The City Charter requires that a formal five year plan be prepared for future construction. This plan, developed b; the Board and submitted to the Planning and Zoning Commission, has been done on a perfunctory basis in the past. We feel this should be conducted with special diligencor since it provides the Board and the Utility 1 with an opportunity to develop a program from which an orderly schedule of construction can be prepared. 2. The City Charter requires explicitly that a Management Review be conducted at "not less than ten year intervals". It has been almost fifteen years since the last survey was performed by an independent consulting firm. We concur with the authors of the Charter that this is an appropriate duty for the Board and shruld be authorized at the earliest opportunity to be dictated by tie Charter. 3. The creation of the Texas Municipal Power Agency has to some extent supplanted the Utility Board as part of the planning function for the City of Denton. An apparent over-reliance on Gibvt I Gommaow,U - 11-9 the staff of Texas Municipal Power Agency was developed in regard to future plans. A more active role in the preparation of future plans is necessary to ensure the best for Denton's future power needs. 4. The Director kf Finance is seldom in attendance at Board meetings to provide his experience and knowledge in utility financing even though he has the responsibility of approving rates, expenditures, and borrowings. This we believe should be remedied since many of the questions and discussions before the Board deal with the financial aspects of the utility operation. City Manager - From an administrative point of view, the City Manager is the chief executive officer of the City, and he has responsibilities in all departments and operations. The previous City Manager chose to become intimately involved in the administration of the electric utility, mainly because a Director of Utilities was not appointed for an extended period of time. The previous City Manager resigned in August and a new City Manager was hired effective September 19. The experience of the new City Manager, coming from a City which is a member of Texas Municipal Power Agency, and a complete management team composed of the Director of Utilities, Director of finance, and the related sapport positions should ensure strong leadership at all levels. Director of Utilities - As previously stated, the City of Denton's electric utility was operated for a period cf approximately 18 months without a Director of Utilities, Since this study was initiated, a Director of Utilities was appointed by the City Manager effective July, 1977. The Director is in the process of familiarizing himself with the operation of Denton's electric utility system and the personnel under him, and appears to be developing the working relationships required. At this point indications are that the City Council and the Public Utilities Board are pleased ?1th his performance. Director of Finance - Our investigations show little indication that the Director of Finance has actively participated in the management of the electric system. In our opinion, this is a result of the strong financial role assumed by the previous City Manager, This resulted in the Director of Finance concentrating more on the other financial operations of the city than the electric system. We believe that the Director of Finance should get more active in the utility phases of his responsibility. We have found that he is more than willing to assume this responsibility and authority ns allowed under the City Charter. Personnel Department - The Personnel Department provides support services necessary for the continued operation of the electric utility. The activities of the Personnel Department include advertising for new employees, selection of a number of Wividuals for a particular Job classification, development of basic wage and salary programs, and the admirrstration of employee benefits. We 1iave found that the department is well organized and is providing the proper staff support to the individual departments while retaining the necessary control over policies and guidelines (1,e, salary structure) for all the City's employees. fbenXV%TQ uM I1-il AML Of some concern was the turnover rate in the Electric Production and Distribution departments attributable to assumed wage differentials. A rtiu:nt wage survey conducted by the Personnel Department of neighboring citNs and private utilities in the area indicates that the wage and benefit programs of the City of Denton are comparable. Anew salary structure devised by the Director of Personnel should provide the operating departments with the flexibility needed to keep good people working for the City and reduce turnovers. RECOMMENDATIONS r In the area of Management/Administration we offer the following recommendations: 1. The Planning role of the Public Utilities Board should be emphasized in that there were indications that the decision to participate in T.M.P,A. was made without the benefit of knowing the Impact of all the alternatives available to Denton. We have not been privy to the reasons why purchased power or an outright sale of the electric system were not evaluated as alternatives at the time the decision was reached. We can only conclude that this is a result of relying entirely on the staff of T.M,P.A. and their consultants to provide the Board with information. We believe that an independent analysis should be carried dut by the Board for any decisions having a mayor impact on the operation of the electric utility. While such an analysis may be redundant to, some degree, the risks of making a decision without independent or complete information will be minimized. 2. It is strongly recommended that the Director of Finance be made an ex- officio member of the Public Utilities Board, serving in the same dibrtlfnrtxnon+,r,IN 1[ 1 7 manner as the City Manager and Director of Utilities. His experience and knowledge of the financial areas of the electric utility would certainly add to the planning efforts of the Board. We believe this to be an oversight on the part of the authors of the City Charter and his inclusion can only provide more complete coverage of the financial considerations required in the planning function. 3. If and when the positions of City Manager, Director of Utilities, and Director of Finance become vacant, a concerted effort should be made to fill that position as early as is practical. We do not feel that any conditions exist which would prohibit the selection of qualified individuals for those positions. Since Denton's management organization relies heavily on input from these three posts, the potential for ineffective operations is increased with delays in finding individuals. 4. In vie+i of the attention focused by the citizens on increasing electric bills, we believe the Director of Utilities should continue in his efforts to inform the ratepayers w_X the cost of electricity is increasing. Educational and informational statements about the utility should be provided on a regular basis either through the local newspapers or bill enclosures describing the reasons behind cost increases and more importantly, what the electric utility is doing to O nimize tha impact. We believe this should be treated as a continuous program, centering on keeping the citizens aware of developments. 5, To insure continuity on the Texas Municipal Power Agency Board, we recommend, as a matter of policy, that the Director of Utilities and one member of Council be appointed to the Board at all times. This . Gbe~slConnww~rN will provide Denton with technical expertise, while at the same time providing a direct line on the happenings of T.M.P.A. to the elected representatives. 6. As a result of a number of inquiries on the length of service for members of the Public Utilities Board, we have specifically addressed that question in our review. We conclude that there is no need to 14mit the terms of P.U.B. members. In our opinion, a careful review of each member as his term expires is required due to the importance of these positions to the electric utility. It is City Council's responsibility to appoint well-qualified individuals who will serve in the best interests of all the citizens of Denton. 1. We suggest that a periodic wage survey be conducted for the electric utility as initiated by the Personnel Director. The technical capabilities of electric employees require salaries commensurate with those i.n private industry. In order to keep qualified personnel, inappropriate wage differentials must be minimized to the degree possible. Turnover has not been a major problem to date, but the potential ey1scs if Management is slow to react to outside wage/salary pressures. SECTION III OPERATIONS INTRODUCV ON The physical aspects of running the electric utility fall under the Director of Utilities. The daily operations are executed by an Electrical Superintendent who has a production and distribution supervisor responsible for those activities. In addition to the actual operation and maintenance of the utility, engineering and planning is performed by the Utility Engineer. The present organization associated with operations is as follows: DIRECTOR OF UTILITIES UTILITY ]=---_FE~ LECTRICAL ENGINEER E RINTENOENT PRODUCTION DISTRIBUTION SUPERINTENDENT SUPERINTENDENT GOWKICOWRO W III-I Ask 1. Electric Production - The City of Denton presently generates the ma~ority of its electrical needs from its power plant located on the outskirts of the City. The plant consists of five 1250 psig steam turbine generators fueled by natural gas with standby N2 oil for periods of gas curtailment. The production of electricity is carried out under the direction of the Production Supervisor. He is responsible for operating and maintaining the power facilities, as well as for the training and administration of the production personnel, the submission of the necessary reports, and the operation of Denton's generators as required under the interchange agreements. 2. Electric Distribution The Electric Distribution Superintendent has the responsibility for installation, repair, and maintenance of the City's distribution system. His basic goal is to see that the system's integrity is maintained in a reliable fashion. He directs the training of personnel, the upkeep of the city's distribution maps, and the administration of his staff. In addition, the distribution supervisor works closely with the Utility Engineer regarding the expansion and replacement of distribution lines. 3. Electric Engineering - Under the Utility Engineer, who reports directly to the Director of Utilities, the planning and engineering for Denton's system takes place. He presently has an assistant engineer, several draftsmen and a secretary. The engineering section is responsible for laying out the expansion plans, preparing specifications, ordering equipment through the purchasing department, and the preparation of system plans. In addition, the Engineer must work closely with the Electrical v Superintendent in securing fuel supplies and the interfacing of Denton's system with the Texas !Municipal Power Agency. FINDINGS Under the Director of Utilities are the operational functions of the Denton Electric System. As part of the overall Management Audit of the electric system, studies were conducted of the administration and operation of the municipal power production system, its distribution system, and the engineering aspects associated with the electric utility. The purpose of our evaluation was to determine the current efficiency, economy, and reliability of the electric system. As a result of our interviews and discussions with key personnel in both production and distribution, together with inspections of the municipal utility plant, we present the following findings: Administration - Of immediate concern to efficient operation of the City's electrical system is the apparent lack of coordinated efforts between the Electric Superintendent and the Utility Engineer. These positions are comple+aentary and it is imperative that they act in support of one another. Our findings indicate that the Electric. Superintendent concentrates on the administration and management of the distribution and production areas of the electric utility taut does not participate in the planning function as required for that position. His ability to work well with the supervisors is not in question. However, a closer involvement with technical considerations is required. The Utility Engineer likewise, suffers from this disjointed approach to planning within the electric utility. Due to the nature of the Colbert lUmwwts[0 Utility Engineer's responsibilities and duties, he must work in all areas of the electric utility operation and requires input from the Electric Operations. This cooperation is presently lacking. Production - The power plant facility appears to be well-managed by highly competent personnel. The equipment is well maintained ,end the operating areas of the plant are -nuaculately clean. The operating knowledge of the plant supervisors is considered excellent. Presently, 38 full time employees are at the plant, including supervisors. From an inspection of the plant and operating records, it is apparent that this group is doing an excellent job. The supervisors are to be commended for their administration and supervision of the plant facility. However, we are concerned that the two supervisors are too thinly sp+!ead over the various facets of the plant's operation. They are ue;-sonally responsible for such activities as compiling and maintaining operating records, control of the spare parts program, purchase and receipt of new material, administration of the training and safety programs, and general clerical duties, all of which are in addition to normal administrative and supervisory e-ities. In the monitoring of plant performance, a great deal of data is compiled monthly and annually. However two basic calculated values, which provide Management with a quick indicator of plant efficiency and reliability are not calculated. These values are: heat rate for each unit (total heat provided to the unit divided by total gross generation), and availability factor for each unit (total hours in which unit was or could be in service divided by total hours in the period under .r (ICMlfcmmomit,M - consideration). These values should be calculated on a monthly basis u for each generating unit, and they should be plotted on a chart to serve as an indicator of gradual change in unit performance and reliability. These should then be made available to both Management and plant supervisory personnel. Another item related to plant operation is the amount of spinning reserve maintained by Denton's electric system. The City is a member of the Texas Municipal Power Agency (TMPA), which, in turn, is a member of a large, interconnected electric grid designated as the Texas Interconnected Systems (TIS). This grid operates to interchange power between members and to provide service reliability in the event one of the members does not have sufficient generating capacity on line to cover its own native load. Operation of the grid requires u that excess generating capacity (15S) be on line, but not filly loaded, so that immediate spare generation is available in the event that loaded generation becomes suddenly unavailable. At any given moment, the difference between ac+:ual generating load and the sum of actual generation load plus spare available generation on line! (or capable of "quick start") is referred to as "spinning reserve". Each member of TIS is required to maintain a portion of this total spinning reserve for the interconnected grid so as to protect the grid against unexpected losses in generating capacity. For the City of Oee,ton, the required spinning reserve is 10.1 megawatts, and is based on the electric load of the City's system relative to the rest of the grid. Quite simply, this means that the generating units which are in service at the municipal utilities plant at any time should be able to produce at Goren reammom.,,itr .ar~r~aK!.w tl.,.wwr~TP rw..~ least 10,1 additional megawatts above existing 'loads in order to supply the allocated portion of TIS spinning reserve, On the day of our plant inspection, the spinning reserve appeared to vary between 30 and 60 megawatts, depending on the electric load at any one time. Units 3, 4, and 5 were in service and it was obvious that the spinning reserve requirements could have been met with only units 4 and 5 in service. Operation of three units instead of two to meet system load and spinning reserve is certainly an increased expense. From a strictly economic standpoint, it appears that unit 3 should be more frequently shutdown. At times of very low system loads, unit 4 or 5 should also be shutdown. However, the decision to shutdown generating units must be tempered by several other factors, some of which are unquantifiable at present. Boiler and turbine maintenance are likely to increase due to stresses imposed by frequent startups. The plant superintendent stated that the power plant has never experienced a boiler tube leak or had any need for boiler chemical cleaning. This is significant in that frequent shutdowns and startups could require additional operating manpower. From a personne3 standpoint, two areas of importance which were included in our review are operator training and plant safety programs. The plant supervisory personnel stated that new personnel participate in training programs to qualify for operation and maintenance positions. We have examined one of the qualification tests for operators and found it to be thorough and comprehensive. The chief question which we raise with the training program is with its degree of informality. Training is conducted as time permits, and does not follow t definite, scheduled program, GNrt CarmonWUiN , .7-7777 of a safety program for protection of utility personnel Frmnoraleandi sions were held with the plant supervisors on the rk on electrical or mechanical apparatus. A good safety olutely essential both for the worker's well being and the acceptance and confidence imparted to lie utility by th e general public. One of the major portions of a safety program is often referred to in utility practice as "procedures for the safety isolation" or for the "blocking and tagging" of equipment. Such a program features the following: a. A short, generic written procedure describing the steps required to isolate and remove from service any electrical or mechcanical equipment, the energization of which could pose a safety hazard. b. A document sometimes referred to as a switching order or a clearance, which is written and i.!-.)d by a person trained and authorized to grant clearance to another person performing the maintenance work. A separate ovLi is prepared for each jobs listing detailed steps necessary to properly isolate the equipment to be worked on prior to beginning such work. c. A system of danger tags or locks which are placed on equipment placed out of service for maintenance to properly identify such equipment and prevent its inadvertent operation by someone else. d. A requirement for conformation or verification by the person appointed the maintenance work such that the equipment has beet, properly isolated and 1s safe prior to his beginning work, {'r~bert ! Coy ron. unA ~ In our inspection and discussions at the plant we have determined that the intent of a safety blocking and tagging program is being met, but with little formalization and almost no documentation. Safety tags are placed on equipment for isolation and logged in a book, but this is the extent of a formal program. Apparently the plant supervisors personnally verify that safety blocking and tagging is properly accomplished. This practice, although informal, has generally been satisfactory; a; the plant safety record is good. However, this procedure %*urthpr illust;•ates reliance on a few key supervisors, and we strongly recommend that the safety blocking and tagging program be improved upon. Detailed instructions should be prepared and issued to each worker, and should be a part of each man's training program. Personnel should become qualified to request and to perform safety isolation of equipment through the use of documented tests. Detailed switching crders should be filled out and verified for each separate isolation. We are concerned with the lack of a documented safety program in view of the turnover rate, with the resultant influx of younger, inexperienced personnel into the plant. Of serious concern is the lack of formalization when isolating main circuit breakers in distribution substations away from the plant. In such cases, two separate groups are involved: the distribution crew which performs the maintenance, and the plant operators who operate the circuit breaker supervisory controls from the plant control roan. With tg4o separate groups, the lack of formal controls increases the potential for a serious accident. This lack of a formal documented safety block and tagging program in the electric distribution system is one of our most important findings, and we believe immediate steps should be taken by the City to improve thi-, situation. Our final comment with regard to production relates to the economic EE loading of the municipal utility's generatioy units. Fn analysis was t made to determine if generation was being economically dispatched among the municipal plant generating units. Economic dispatch refers to the incremental loading of system generation to meet demands in the most economic manner. The monetary savings possible by utilizing economic dispatch techniques are impressive, even for a relatively small electric system such as the City of Denton, and they will become significant when the Texas Municipal Power Pool begins to utilize this method for control of generation, as is now planned for the spring of 1978. u Economic dispatch of electric generation can be implemented by either manual methods or through use of an on-line control computer with the computer allowing more rapid and accurate control of incremental unit loading. Whichever method is utilized, the basic parameter which dictates the apportioning of the total load among the units on line is defined as incremental cost. Incremental cost is usually expressed in mils or cents per kilowatthour, and is defined as the actual*crst to generate the next higher increment of energy on an electric system, if system load is increasing. Conversely, if system load is decreasing, the incremental cost is defined as the savings to be gained by eliminating the next lower increment of energy on the system, Thus, for best economy of operation, load increases should be assigned to the generating unit which can produce the next block of power at the lowest possible - ~i~9M f ConmorrfaU - Now r cost. Load decreases should be assigned to the generating unit which can achieve the greatest savings in dropping oft the next block of power. In our study of economic loading of the municipal utility's plant, we determined that generating units are not being loaded in accordance with incremental costs as described above simply because such costs have never been developed and applied. At present, load changes can be taken automatically on one generating unit at a time. The unit which takes these changes is switched rnanually into a simple controller, and it will then take all load changes until another unit is switched into the controller. Switching of the units is done without any consideration of incremental cost. The present method of apportioning load among the City's generating units is adequate from a production viewpoint, but not optionally economic. Hf lever, for implementation of economic dispatch of the Texas Municipal Power Agency as proposed for 1978, it is totally inadequate and will result in a monetary loss to the City. Distribution - The City of Denton's electric distribution function is carried out by a distribution supervisor who has four foremen and work crews under him. The construction and maintenance of the distribution system appears to be conducted in an efficient although informal manner. The administration and management of the distribution function is carried out by competent personnel who, as with the production function, are dedicated to providing outstanding service to the citizens of Denton. 1.LL , The Electric Distribution Department consists of 47 personnel at the u present time. There is a good mix of journeymen, electricians, and apprentices on all of the distribution rre-os. Three out of the four crews are overhead crews, the other is an underground crew. The Distribution Department continues to experience a relatively high turnover rate as evidenced by the number of new employees at the lower levels of job classifications. In essence, this group serves somewhat as a training ground for electrician qualifications. This condition results in the distribution superintendent spending a considerable amount of time on the training function. Further discussions on turnover situations have been covered in cur personnel review. i From an operational standpoint, the expansion and the maintenance of the distribution system appears to be carried out in an efficient manner, Relatively few complaints have been registered through the Customer Service Department regarding breakdown of service or low- voltage situations throughout the system, One situation which has come to light (which is really a function of records keeping) relates to a seemingly overabundance of installed transformers on the distribution system. From a reliability viewpoint, the installation of transformers whenever a new line is added or upgraded does insure adequate voltage requirements. However, this overdesigning of the distribution system is an expensive luxury in lieu of a well engineered distribution plant. We recognize that this has been the result of poor record keeping in the past and we would recommend that a survey be conducted and the distribution maps be brought up to date. Gun1UMM"ulV •y The distribution superintendent, as previously mentionea, does conduct `woo training programs throughout the year for various Job classifications. In addition to the training program there are saf,•ty meetings conducted monthly with all of the employees in the Distributio. Department. On an annual basis, selected employees are given the opportunity to attend training and safety programs spun;ored by the American Public Power Association and various university programs. Investigations of the quality of service conducted by the Distribution Department indicate that the public is extremely complementary regarding the reliability of electric service during period; of emergency situations. Engineering - The engineering function for Denton's electric utility system is basically responsible for the design and implementation of expansion/upgrading plans in the distribution area. As such, the Engineer works closely with the Director of Utilities in discussions with developers and new businesses concerning the maSnitude of additional loads to be imposed on the City's distribution system. In addition, the Engineer continually reviews the existing system for reliability and adequacy. In this regard, the Engineer has designed the distribution system in such a manner so as to assure continued reliability of the system. Our findings indicate that the engineering function has been overloaded. This situation should be taken care of in the future due to the involvement of the present Director of Utilities in assessing the planning and engineering functions. ' QPoat IWrtimanWUIU Physical Facilities - Part of the operational review of Denton`s electric system is an evaluation of the physical facilities associated ii with the electric utility. We have found the physical structures i housing the electrical generating facilities at the plant site to be in good condition. The maintenance and cleanliness of structures are, in our opinion, outstanding. With regard to securitS, tre plant entrance is protected by a motorized gate remotely operated from the plant control room. Persons desiring to enter the plant identify themselves to the control room by means of a private phone at the gate, which is opened remotely. In addition to the steam plant, the City maintains an older diesel generating station in the center of town. It contains a total of five units with a capacity of ten megawatts. It is started up and synchronized to the system (for test purpises) each week, but apparently is not otherwise used. Two personnel are assigned to the plant on the day shift (five days per week) to perform maintenance and building service. A question the value of this facility to the city, and suggest consideration be given to its retirement and dismantlement. The total capacity is insignificant to the pool, and apparently its best claimed advantage is its use as a cranking source to restart the steam plant if the total electric system goes down. It is doubtful that the diesel plant could function in this capacity, due to its limited output and the high value of in--rush current needed to start large motors at the steam plant. Unless the City is credited with the spare capacity of the diesel plant at a significant value to off-set the cost of maintaining it, we suggest it be retired. J Glom roan an "I 'WF The warehouse facilities are, for the most part, utilized by the u utilities in Denton and do not seem to be maintained in the same manner as the plant site. It should be noted that during the day we visited the warehouse facility, the security at the warehouse appeared to be lax and should be studied for means of improvement. As far as office ;pace is concerned, it appeared that a general condition of over-crowding exists. This is especially true cf the engineering section which is located at the diesel plant. We are cognizant of the fact that insufficient space exists for all City departments. In general, the scattered nature associated with providing space for the electric utility has led to some inefficiencies which can only be rectified by providing centralized locations. The vehicles, equipment, and tools supplied to the electric utility Nftwo appear to be in excellent operating condition and sufficient to carry out responsibilities. One basic concern expressed by those in the utility operation is the charges they must assume and the lack of control that the; have over the mntor.pnnl operation. This should be worked out through discussions between the City Manager and the Director of Utilities. RECOMMENDATIONS From a production and distribution standpoint, it is our opinion that the following recommendations will lead to a more efficient and safe operation of the electric utility: I. As previously discussed in our findings of this section, the lack of a formal documented safety block and tagging program in the plant and in Gdtat JWmmorMerV+ the electric distribution system was our most serious finding. We recommend that immediate steps be taken to initiate such a progrsm. 2. We recommend that the City of Denton take immediate action to implement economic dispatch of system generation. This will initailly require that accurate heat-rate tests be conducted on all fenerating units. From tno results of these tests, incrementO costs can be calculated and utilized t.s a basis for economic loading. Neat rate testing and calculation of incremental costs should be performed for all TMPA generating units which will be under load control -not just tie Denton units. We recommend that testing be conducted by a single competent group for the entire pool, so as to assure uniformity of results. "%MOO 3. As a supplement to economic dispatch, we recommend that load flow studies be performed to determine transmission losses from various generating units in the pool to theoretical load centers. With this information, incremental costs can be accurately applied to schedule generation most economically for the City of Denton and the entire pool. 4. To eliminate as much as possible the apparent lack of coordination between the Electric Superintendent and the Utility Engineer, we would suggest a clear delineation of duties for each individual. The Director of Utilities must ,issume the responsibility of seeing that the two activities share information and resolve mutual problems without impinging on each other's authority. Got in 1Commw%mo w 5. In our opinion, an in-depth analysis should be performed on the distribution systFi to properly identify load requirements. Potential cost savings can be realized if an overdesign of the distribution system exists. In any event, the distribution maps should be brought up to date identifying the equipment installed to facilitate future expansion and extension plans. b. We suggest that short written programs be prepared which outline the purposes of the training program and describe the details and schedules for conducting training. In addition, each employee should have a personal checklist which would be signed off, indicating that various portions of the training program had been completed, with the results of qualifications tests entered, These results should form a permanent part of each a^ployee`s personnel file. This simple formalizing of the training program would make it easier for the supervisory staff to administer, and would assure more uniform application of training to all personnel. 7. We recommend that the City consider a more economical program for scheduling generating units realizing that operating savings will be accompanied by increased maintenance and possible increased operating costs. Likewise, changes to the generating units such as full-arc turbine steam admission to reduce wear frcm frequent starts, should be considered. A complete evaluation of the costs and benefits, which is beyond the scope of this audit, should be made before deciding to more closely control spinning reserve. 8. Since the Utility Engineer must provide much of the information required for system plann-;ng, we would suggest that consideration be given to GP*1Ica" wealto the hiring of an additional distribution engineer to assist the Utility Engineer in his day-to-day design responsibilities. This should allow the Utility Engineer to concentrate efforts on the more important function of planning. 9. We recommend that an additional supervisor be added to he staff of the utilities plant. This would relieve the present two supervisory personnel from more routine duties such as training, spare parts control, and records management, and would provide backup for these men. The new supervisor should be highly experienced'in operations and plant maintenance. 10. We would suggest that plant security could be significantly improved by the addition of a closed circuit television camera to survey the gate area, with a receiver located in the control room to assist the operators in making positive identification of all those who request entry. 11. A study should be conducted to evaluate whether the diesel plant should be retired. This is not as important. as our other recommendations and can be conducted when deemed necessary. SECTION IV FINANCE/ACCOUNTING INTRODUCTION As set forth by the City Charter, all matters of finance and monies are the responsibilities of the Director of Finance and the City Manager. Although none of the areas under the Director of Finance are entirely utility functions, the majority of his work is for the utilities. This includes accounting, customer services, data processing, purchasing, and warehousing. The organizW on of the Finance Department is as follows: u DIRECTOR OF FINANCE CUSTOMER DATA ACCOUNTING SERVICE PROCESSING PURCHASING WAREHOUSING U G,aKrt IGommr+euu IV-1 1. Accounting - The Accounting Department Is responsible for keeping the utility's records. All revenu., expense and plant accounts are kept for electric operations. The basic duty is to maintain 3 general accounting system, exercise budgetary control, and prepare reports of all receipts and disbursements. In addition, the accounting function must inspect and audit accounts and records of financial transactions maintained by the utility. 2. Customer .arvice - In order to provide the citizens of Denton with a sounding board for problems related to the utility operations, a Customer Service Departmeot is provided to answer questions and to follow up and satisfy whatever problems are brought forth. 3. Data Processing - The data processing grout is organized to provide support services which are conducive to computer applications to the u other functions of City government and the electric utility. Customer billing and some accounting functions are examples of these services. 4. Purchasing - The Purchasing Department purchases, stores, and distributes all supplies and materials used 'y the Electric Department, Written requisitions for materials are given by the department head requesting such supplies. The Director of Finance must then certify that money has been appropriationed to pay for the materials from that department. The Cit., Manager can approve expenditures under $3,000, while any amount in excess of $3,000, must be approved by City Council in advance. 5. Warehousing - All materials and supplies are disbursed through the warehouse by the Purchasing Department. Actual physical distribution - GAen iean~onwuiv- 111-2 is carried out by the work crews in most cases. Minimum and maximum amounts have been established over the years for those items needed on a recurring basis. FINDINGS In line with the overall objectives of this Management Review, the effectiveness of the City's system of accounting and reporting controls are considered to be of importance to the citizens of Denton. Our review of the finance administration was to ensure that accepted accounting methods are being employed and that such methods are effective under the provisions of the City Charter as related to the financial management of the electric utility. This review was not of a financial audit nature, but rather was an overall survey of Management policies and implementation. Personal interviews, examinations of records, and analyses of activities and operati^ns were conducted and covered the five major areas falling under the Finance Department, Our rev°.ew of the electric utility accounting policies and practices has resulted in the general finding that sound accounting practices exist and are being utilized which assure proper financial administration and control under the provisions of the City Charter. This is an ov,irall finding and does not mean that there are no areas which are need of improvement. he following discussion wall focus on those areas vie found which we belieoe should be biuuy1hL iu the at.tentioo 010 City Council. They concern m•.tters of varying degrees of importance but do not detract from our overall finding. Of particular concern is the matter of funding for the Extension and Improvement Fund. Under Section 12.03 of the City Charter, excess revenues C441 IUmffiwwf NO Iv-3 are defined to be any money remaining in the "System fund" after all necessary expenses of operation and maintenance have been paid and after all payments t.ave been made into the several funds required by ordinances authorizing the issuance of any revenue bonds. Excess revenues, so defined, can then be utilized to pay to the city a return of not more than Sa on the "net investment" of the electric utility system. The existing ordinances authorizing electric utility revenue bonds covenant, among other things, that rates will be sufficient to pay for the operation, maintenance, depreciation and other costs, and also to provide sufficient amounts for the interest and Redemption Fund and the Extension and Improvement Fund. The payments to the Extension and Improvement Fund are to be equal to 12-1/2% of the gross revenu^s of the electric system and are to be used for the purpose of paying the cost of extensions and improvements to the system or to retire, prior to maturity, revenue bonds outstanding against the U electric system. We have found that for at least the past two years the transfer to the general fund of the City has been made while the net revenues of electric system have not been sufficient to pi-ov ide for the Vaymviii Lo toc Ew4,terra Ga and Improvement Fund. This indicates that present rates are insufficient to comply with the fund requirements under the revenue bond ordinance and to provide a return to the city on its net investment. This situation, if allowed to continue, will have a detrimental effect on the ability of the City of issue additional revenue bonds, if at ail, and also will increase the cost of additional borrowing. It is our understanding that this situation is currently under study and that steps are being taken to alleviate the situation. However, until such time as the City has the authority to WWI lfpmrron+I+h1i Iv-4 I I eliminate that feature of the bond convenants concerted and serious attempts ~ I should be made to comply with the existing convenant. Accounting - At the present time, it is our opinion that the electric utility system does not have an adequate asset accounting or work order system. This does not mean that r.here are inadequate controls on the expenditure of funds, but rather that the accounting for the single largest asset on the books of the electric system namely, Utility Plant-In-Service, is deficient to the extent of being capable of readily indentifying exactly what the $27,736,636 of Plant-In-Service actually represents in terms of specifically owned property. The current procedure consists of a manual work order system whereby dollars expended for labor, equipment changes, and material on system additions and replacements are accumulated under a work order and charged to the appropriate FPC account. Each project is broken down into categories which match the FPC account which ultimately will be charged. They are closed to Plai+t-In- Service upon notification to accounting by the supervisors on the fob that tho inh is rmmnlota Wo hgvo fniim4 nn evirlanra of written ,^.r.,redures; the system currently in effect has apparently evolved over the years. Consequently, these procedures are not followed in all instances and procedures relating to the retirements or replacement of plant in service are sketchy. The significance of this deficiency is that as the electric system grows and becomes more intricate, the importance of maintaining adequate property records increases. Accounting should know the status of the plant in service for depreciation and insurance purposes, while operations need detailed information regarding the existing plant. Of greater importance CAgn1CJm %%nrm IV-5 is that efficient planning requires sufficient detail as to wh7ead exists on the system. A gcod asset accounting system should nrecord-keeping function to account for funds spent on construcshouIG also provide property information (cost, age, status) fand reporting support to non-accounting applications as well as information necessary for the support of planning and Management needs. Typically, a. property record system should: Substantiate the original book value of the property; Provide a quantitative basis for the retirem~,;~ of property; Permit the determination of service life to distribute capital investment costs; Permit identification of original investment costs, current value and depreciation by location, department, account code, jr other classification; Permit allocation of costs for rate or cost of service studies; , Reflect revised property values for insurance coverages, The present accounting system does not have these capabilities and consequently efficiency is lost when necessary information of this type is not available. Other areas of tl+e Accounting Department related to revsnues and expenses are being carried out with adequate controls a{nd reporting procedures. The , working relationship between Accounting the other areas of the Finance C,Un Kan W*2810 Department and the electric utility are adequate and have been providing the citizens with a proper accounting operation. Data Processing - Re data processing function is a soundly-managed group that provides quality work with the resources and data available. Approximately seventy to eighty percent of work being performed is related to utility customer billing with the balance comprised of tax rolls, payroll, general ledger, accounts payable and other City operations. The facility is presently being upgraded to handle a new library system and a mark-sense capabi';ity for meter reading purposes. We found no long range data processing plan which sets forth objectives for meeting information requirements of the various departments of the City. ` White it may not be economically feasible to satisfy all needs simultaneously or even to computerize some systems, a plan should be adopted whereby all needs for information are identified, documented and translated into a City-wide plan for utilization of the computer to support the operations of tie City. The plan should include not only the information needs, but, more importantly, the benefits and costs of needed systems or system improvements. A computer is an expensive piece of equipment which can be of great benefit to the operations and management of the Electric Department as well as to other City functions. To minimize the cost and to achieve the greatest benefit from such an investment, the facility should be utilized to the greatest extent possible. This requires that all operations be analyzed, requirements identified, costs and benefits enumerated and then translated into a workable formal long-range plan which clearly sets forth the objectives of the City. 111-7 Our review made no attempt to evaluate or identify specific areas or to ascertain the extent to which the use of the computer could improve the efficiency of the Electric Department. customer evice - A basic utility function falling under the Finance Department is the customer service (or public relations a pects) -f the electric utility system. We found that all customer questions or complaints related to billing and personnel are the responsibility of the Customer Service Department. With the substantial increases in electric costs in recent years, numerous and increasing inquiries from customers are being handled. As a result of our analysis, it is our opinion that all customer complaints and questions are handled in a highly efficient winner. As questions come in, they are entered into a log and actions initiated. In most cases, the question is about the previous month's billing, at which time that customer's bill is reviewed for possible errors. If there is any question as to the validity of the reading, meter readers are sent out to re-read that customer's meter. In the majority of the cases, customer satisfaction is achieved. It is a matter of policy, however, that before any b'.ll is sent to the customer, they are reviewed by the Customer Service Department for apparent inequities compared to previous months and against the same month from the proceeding year, This review has served to minimize inaccurate billing information. Questions related to quality of service and/or emergencies are immediately referred to the Director of Utilities for his action, u Gun~fommom.~~nA tV-8 Our investigations into the meter reading activities seem to indicate a problem with the routes presently established. This 1s especially critics to customers due to the rate differential between winter and summer. As a result of not getting the billing routes read in time, there are, in some cases, additional days added to the billing period for some customers. Depending upon the time and the fuel adjustment for a particular month, customers could be paying slightly more than required due to this extension of time. It is imperative that billing routes be maintained on their schedule tc prevent this type of overbilling. In -.ddition, a considerable amount of overtime is allocated to the Meter- Reading Department to fulfill its function. This could mean that the billing ro+ates are poorly designed or that the overtime is due to a lack of manpower. In either case this problem should be addressed and eliminated. u Allocation of City Services - Each of the utilities is assessed a proportion of the total expenditures math by several departments performing services for the utilities. These departments include General Government, Legal, Community Development, finance, Purchasing, Data Processing, Customer Services and Accounting. The prozedure used in !esjinq the expenditures is based upon an estimate of the services performed by the above City departments in favor of utility operations. This estimate is then split among these utilities on the basis of revenues generated by each utility. The fact that the estimates of percentages have not been changed for the ' past five years has been pointed out to the Council by the independent auditors in their audit report dated December 17, 1976. Our re+iew indicated G+A1 'Cd ftftW 1A - 11.9 that the procedure has not changed and the percentages have not been updated. It is our feeling that the estimate of percentages should be updated based upon annual studies. The studies should be in sufficient depth to allocate the charges to each of the utilities directly rather than by allocation on the basis of revenues. Electric Department revenues have escalated dramatically in recent years due to fuel cost increases (which are recovered through the fuel adjustment clause) and those expenditures allocated on a revenue basis have no relationship to such revenues. The result of continuing this current practice is to incorrectly cause the electric utility to subsidize expenses appropriately chargeable to the water and sewer department, Warehousing - We did not perform an in depth analysis of the warehousing function, however, in our review of the work order procedures, we did consider tlie procedures for the cha,,e out of materials tnd supplies from the warehouse and made a brief tour of the warehouse itself. It appears that the procedures currently in effect are insufficient to ensure that projects are being charged with the materials actually used on the job. In many instances, the job foreman obtains and checks out material for a specific job himself. This procedure, because it relies solely on the accuracy of the job foreman to account i'or material used and returned, and whose primary function it is to get the work done, can produce inaccurate charges to specific projects and can defeat procedures instituted to maintain minimum and maximum levels of inventory items. The procedure whereby warehouse costs, which include inventory overages or shortages, are loaded to materials issued tends to downplay the importance of properly and accurately accounting for material as actually used. 1V-10 i • We also noted that there are few, if any, controls on the return to the warehouse of scrap materials. There appears to be no procedure established to ensure that items, such as valuable copper wire, actually removed from service for scrap are returned to the warehouse. Reliance is again placed upon the performance of the job foreman. Security at the warehouse appears lax. (luring our brief tour, it was noted that the gates were open and no one was in evidence at the warehouse itself; easy access to the bins was observed. Rates and Cost Comparisons - to have compared Denton's electric rates, at different levels of usage, to other public municipal and private electric utilities in the State of Texas. Exhibit 1 presented at the end of this section, shows the results of our comparison. The residential rates were calculated on the basis of an all-electric customer during the winter u period. The fuel u;#ustment clauses were based on the June 1977 rates published by the Ffd,sral Power Commission. The commercial and industrial rates utilized in our comparisons were based on the lowest possible cost available to a customer using the Kwh consumption shown, We have tried to be consistent in our comparisons, but it roust be recognized that character of service clauses differ between utilities and could have some impact on the results. The results of our electric rate bill comparisons indicated tha. except for Garland and Lower Colorado River Authority, Denton's rates are lower than the other municipalities used in our analysis. When compared against the private utilities, Denton oas higher rate,, except for Central Power b Light. By far the lowest rates of the electric utilities used in this comparison are those of Texas Electric Service Comrany. Gilbert 1 Larnmo~vreNt~ 1Y-11 4 For purposes of our analysis, we have compared Denton to Texas Power 6 Light at the 1000 Kwh/month level for residential customers. This is the approximate average use per ,•esidential customer for the two utilities. On an annual basis, a Denton customer would pay $80.16 or M more than the corresponding TPaL customer. With a population in Denton estimated to be about 47,000 in 1976, and riiLh slightij more than 11,000 residential customers, the difference in the electric bills amounts to about $20.00 per person. The electric utility in Denton transferred $811,607 to the General Fund last year or $17.34 pet, person. On an average basis, we can only conclude that while Denton's rates are higher, the difference results in benefits from other areas of City Government. We are cognizant of the fact that if a private utility operated within Denton, property taxes or ad valorem taxets would certainly be levied against that property of the private utility. While not part of our analysis, information supplied by Texas Power and light to Denton in 1976 indicated that taxes on private utility property approaches the amount transferred to the General Fund. , Further analyses between Denton and the private utilities used in our comparison are presented in Exhibits 2 and 3. Exhibit 2 shows the breakdown of the revenue dollar. For all items except fuel, Denton compares favorably to the private electric companies. Further evidence of this is shown in Exhibit 3 where the cost items are broken down on a per 1000 Kwh basis. Here again, Denton's costs in all items except fuel are equivalent to the private utilities. Our conclusion is that the fuel situation is the overriding reason for Denton's higher rates fuel costs comprise approximately 60% of total costs for Oenton. Stem 1CWM0M*2dM IV-12 ' 1 At present, we do not foresee any change in the fuel situation which would alleviate the problem in Denton. The fact that Denton relies 100 percent on natural gas as a fuel for its generating station, and the fact that Denton's two sources of fuel supplies are increasing their price of natural gas on an almost monthly basis, offer no hope for improvement. We do believe, however, that the percentage increase in electric rates in Denton will be less than that experienced in the past. At the same time, the rate differential between Denton and the private utilities could rissibly diminish as the favorable gas contracts of private uW ides expire. Other Fi s - We noted that in the past it ha:; been the practice to change the independent public accounting firm rather frequently. We feel that this practice is unnecessary and is orobably mare expensive to the City than if a firm was retained for a longer period of time. An auditing firm spends a considerable amount of time in the first year it has been engaged becoming familiar with the City's accounting policies and practices and system. If auditing firms are changed frequently, this learning period is duplicated, at the City's expense, more often than is required and the benefits, if any, of changing auditing firms are probably not justified by this additional cost. Budgetary practises are adequate air, are effective in the control of expenditures. It is our opinion that consideration should be given to a "zero-based" method of budgeting. The traditional budget process assumes that projects and on-going activities making up the historical budget base are (1) es;ential to the mission of the utility and must be continued during the budget year; (2) are being performed in an opti-rzl, cost-efficient IV-13 ~ s manner; and (3) are projected to be cost-effective in the budget year, requiring budget dollar increases only for uncontrollables such as pay increases and materials cost. Certain projects and activities do meet these criteria, but it is unrealistic to assume that all do. A "zero- based" budgeting method basically starts from "ground zero" in each year's budgeting process, as opposed to starting from current budgets, and prompts managers to assess their operation from the "ground up" to justify every dollar spent. Aside from the oroblem arising out of the deficiency in the Extension and Improvement Fund, the financ W condition of the Electric Utility operation appears adequate as evidenced by revenue bond coverages. They are as follows: Year Ended September 30, 11976 975 2.2176 Times u 1974 1.83 1973 1.63 1972 1.73 Required by Revenue Bond Convenant 1.50 Times RECOMMENDATIONS As a result of our investigations of the financial operations of the Denton Electric Utility, the following recommendations are made: 1. We recommend that the situation regarding the deficiency in meeting current revenue bond convenants be resolved and upon such resolution and in depth review should be performed regarding the adequacy of rates. G4bM/C*MRW*11I17 - IV-?4 Sftw 2. Our review disclosed that residential customers do not have the opportunity to participate in a levelized payment plan (Budget Plan). We feel that this option should be available for those customers who feel they would benefit by such a plan and accordingly we recommend that a study be undertaken 0-o develop such a plan. 3. We recommend that the function of meter reading be tightened to ensure that scheduled meter reading dates are met. 4. A study should be initiated to improve inventory control procedures and strengthen security at the warehouse facility. 5. We recommend that early attention be given to the installation of an asset accounting system. 6. We recommend that a long-range plan for the utilization of the Data Processing facilities be prepared and formalized. 7. We recommend that the allocation of charges for services performed by various City dep4rtments in favor of the utilities be updated, on an annual basis, and tnat the split between the utilities be made on an actual itudied basis as opposed to a revenue basis. Men IUMMM*Is" IV-l5 ~ A Y ~I V pw.. sue, = yr OniJ fl A VV i J ~ f0 r•w~E N On~eo O ~ 7 ^ J t r V44gi. J a p ~ '4 p P l r7 M d A j rV N J n "ryY G e a 1 .l • J P N p~ y~ u~ N r 1 N p P ~ ~ r j a; M1 O a~ N a ti V y~ p ee N nOJ N ~ g rri.pc ri ti •l 1'1 a1 h I ^ „ pp Yr a fd w w w V ♦n n ~ 7i` f n~ w w n r r: ~ F ~C Nr. YI r F ~ ~ d r J SOT ! 'DTI N w n. ~ Y! a: t' f J I1 O r' J h V d• ~ Y/ ~j 1` w Y e 1 rl HJ~10 n fl J ~ A N YT J N h J n A r NJJ ~ M, ~ H N.f(. N pq yr N i N n J ~ A y~rr ~y NI'INw J O 4 n 4 „ M a /1 „ ^1 1 Y~ r V + J ~ H 1 d t s ~ K c. ~ti i : 2 r ~ f 7 V 3 O 14 • 0 N n N O d Fa C44 o-4 r4 Q A+ N ~ ~ , 0 Is] (A u N f~ yy~~ r• s ~ W M r~l rl C' r4 CS H , i 04 tLMr•+ , t~ n ' o .P4 u Y N u u d r+ w u g yay u ~ Fa F~ r.' OG 4. Tom...-•_ 1 N ~ h ~ Q I`414 s ~ .1 r4 441 I I-~ r4 1 CJ Ca A~a a 1-4 V ~ N f1 U I ,V U M 0 Q+ N Q ~r..1 U ~ ~7 rya M v1 N `d CJ M P4 M M S tl4~ H T h NN1 Z O ~j N M M ~ ~ a W O WN 4N O z r4 c V ~ N ~ N 1 v1 N d a d v A N N a A u N 4 y H W F4 0 0 K u w G & F r rrJ<~v1~ iY~O SECTION V SYSTEM PLANNING INTRODUCTION In the section which follows, we have addressed ourselves in detail to the important function of system planning. Included will be comments regarding Denton's participation in the Texas Municipal Power Authority. Generation requirements to reliably meet future system demands must be planned many years in advance due to the lead times required for the construction of facilities. As an example, a lignite plant currently requires approximately 6 years from plant design to start-up, while a nuclear plant requires a period of 8 to 10 years. Basic to the generation planning process is the consideration of such variable factors as existing and future capacity requirements, fuel availability and associated costs for neeting fueling needs, and necessary engineering/economic analyses of available energy generation/supply alternatives which may be utilized to l minimize power generation costs. The City of Denton's planning and development activities for supplying electric energy in its service area were analyzed » determine the adequacy of such efforts, included in this analysis was a review of the following considerations: . Demand/energy forecast; . Fuel supply; V-1 t WWI ~ ~ ~ Irv Generation plan; , The effects of the above on reserve capacity and present gas fired generating units, including plant retirements; Purchase, interchange and pooling arrangements. The effect of Denton's generation plan on its reserve capacity is of distinct importance to the residents of the City. Denton's reserve capacity requirements are affected by total capacity and energy reeds in the fuel supply situation. There is a complex interaction of the above factors and changes in these variables and their effects on the overall generation plan must therefore be continually assessed.' Our evaluation primarily involved an assessment of the practices and policies utilized in the system planning function. GENERATION PLANNING The determination of capacity requirements is primarily predicated on combinations of four fundamental items: total capacity versus system demand requirements; unit sizes and planned usage; the effects of interchange, purchase and pooling agreements; and, fuel availability and cost, The appropriateness of.Denton's planned long range capacity was evaluated with respect to the consideration of the above factors, The approach to the capacity question involved the analysis :ind review of system documents and studies and plans which directly impac+, on reserve capacity. In our interviews with personnel of Denton and the Texas Municipal Power Agency to gain insight into general operating practices and policies, V-2 Adlikk _ the reasonableness of projections and the means by which the City takes these into cunsideration in its long-range plans were examined. These areas are examined individualiy in the discussion which follows. DemandJj9ergy Forecast - The initial step in the estimation of capacity and fuel requirements is the preparation of the demand/energy forecast; from this is derived rapacity requirements, fuel requirements, revenues, expenses, capital requirements, and financial plans, The credibility of subsequent derivations ind comparisons of alternatives as a basis for generation planning are highly leveraged by the accuracy of the forecast. Denton's demand/energy forecast is prepared by the Utility Engineer in conjunction with other members of the Management group. The most recent forecast is dated June 1, 1977 and includes the period 1977 through 1987. Denton uses ghat is sometime!, referred to as the "load factor" method to forecast load; ih~i is; -thy 9 Lcr#oxtn, of that maximum load which may reasonably be expected at a given time period as a function of historic load factors applied to energy sales. It is to Ois peak that the system's overall net generation capability must be addressO, in 1976, Denton experienced its peak of 117 megawatts at 4:00 p,m, on August 9. Denton is considered a summer-peaking system in that the annual peak normally occurs during September. Denton uses a "traditional" approach to demand/energy forecasting which fundamentally involves the extrapolation of past trends. This basic approach extrapolates past trends of customer number and average Kwh ,se per customer and applies the system load factor (historical) to a sales figure which has G"I1C&rR*V" V-3 been adjusted for system losses, yielding peak load. Kwh sal,:s projections are performed Individually for the residential, commercial, and industrial classes. However, inherent in this approach are ce-taire shortcomings which have evolved as a result of recent economic occurrences and resultant customer reaction to these in relation to electric energy consumption patterns. These shortcomings are as follows: The forecast relies almost entirely on internal data, especially in terms of customer number and average Kwh use per customer; Historical usage patterns indicate only past events, the implicit assumption being that whatever happened in the past will continue to be the case in the future; Causal relationships between energy use and economic/demographic ;'actors which may have substantial impact on the energy use are not considered; Changes in growth factors, e.g „ changing family formation growth and appliance saturation rates are not taken into account explicitly; Considerable use of experience and subjectivity in preceding from the short term energy forecast to the long term situation is used to adju3t the trended growth to accor~modate ex`ected changes$ While factors external to Denton are likely to affect the electric energy use of all classes of customers, the prctent forecast methodology relies primarily on internal da+:a. The approach cannot take into accot,nt the Gbrt rton+monr+.nA V-4 external effects of smaller population increase, a differing home/aparbaent mix, and availability of alternative fuels, especially with respect to industrial usage. The accuracy of Denton's demand/energy forecast was not determined as a part of the study and for the purposes of this review forecast amounts are used throughout as the basis for evaluation. However, Denton should make r;, effort to improve its present demand/energy forecasting methodology with respect to the following: Take into account those factors which tend to effect the energy use of each class of customers and the usage patterns of various sub-groups withlim each class; . To the extent possible, and assuming data is available, disaggregate to the lowest possible level, e.g., projections by rate class rather than by customer class; Define and relate causal factors of energy consumption so that'expected changes to economic/demographic growth factors can be incorporated into the forecast. Interchange - Many generating and transmission systems coordinate their planning and operations through ilterconnectcd systems which operate facilities in parallel, benefiting from the diversity of large scale operations. Denton's electric utility system is connected to the following other systemsi . Texas Power & Light - 2 - 138,000 volt Circuits (future) , Brazos Electric Power Cooperative - 1 - 138,000 volt circuit V-5 i Denton is presently a member of the Texas Interconnected System, an intra-state network of six major investor-owned and four public systems, a-d of the Electric Reliability Council of Texas (ERCOT), the regional Reliability Coordinating Organization for Electric Power Systems in Texas. In 1969, Denton Joined the Texas Municipal Power Pool (TMPP). The cities of Bryan, Garland, Greenville and Brazos Electric Power Cooperative were I already members. The interchange agreement (6/16/69) requires the maintenance of a 15% reserve margin for each system (spinning reserve) and allows for sales and purchases of supplemental, emergency or maintenance energy from the pool or outside sources. The intent of the agreement is to affect operating economies and to strengthen the system reliability. We.hAye, gxalr~l.ned the.aforementioned agreement and it is the intent of this contract that each Company plan its generating requirements to be self sufficient. The energy transactions confirm this 'philosophy. Denton has and must continue to maintain its self-sufficiency in generating capability either by itself or through Texas Municipal Power Authority. The joint venture under the Texas Municipal Power Authority should reduce the probability of unit outages in the future, and thereby reduce total reserve capacity requirements. Reserve Capaclry - Generally, reserve capacity, or the dit,"4rence betvraen dependable net capacity of the system and the actual anticipated peak load in a specific period, is required to cover the following contingencies; Generating - unit outages, both forced and planned, and capacity red,wtion; c+e«,rca~+~...nr, Y-6 t 0 Load-forecast error, including abnormally hot or cold weather; Delay in completion of new generating capabilities to meet forecasted load; Operational Flexibility to meet unexpected contingencies. _ The required amount of reserve capacity is normally a function of the probability of simultaneous outages and capacity reductions, the probability of experiencing various load levels, the probability of experiencing losses and generating unit availability, and the ability to obtain and deliver fuels for energy units. For Denton, thg reserve margin was 44% in 1976 and it is expected to decline to 8% by 1980. Reserve margin will be larjely a function of fuel supply related to reliability of service, availability of generation units, and { tht availability of power from Texas.Municipal Power Authority. Since '•.ng I term supplies of gas are expected to be in short supply at exhorbitant prices, Denton will, in effect, have to selectively limit the use of iL. gas plants to accommodate these limiting factors. "Old" gas units will be gradually shifted to peak shaving use in the future. Table VI-1 illustrates Denton's reserve situation, It is apparent that the critical period for Denton, in terms of both fuel supply and reserve margin, is the period 1979 through 1983, Were lCaemenwdu v-7 TABLE Y-1 CITY OF DENTON ELECTRIC UTILITIES DIVISION GROSS HISTORICAL MW MW % LOAD SYSTEM CAPACITY RESEW MARGIN SYSTEM SALES CALENDAR PEAK YEAR 1963 36,0 41 129 1964 40.7 41 143 1965 44,0 41 160 1966 50,8 41 178 1967 53.0 104 194 1968 58.1 104 222 1969 69,2 10,1 3263 01 1970 76,5 104 325 1971 82.0 104 388 1972 91.0 104 396 1973 93.0 169 1974 10500 169 434 1975 106,0 169 1976 117,0 169 44 439 PROJECTED 1977 126,0 169 34 467 1978 136,0 169 24 502 1979 145.0 169 16 538 1980 157,0 169 8 $75 1981 169.0 2670) 58 625 1982 183,0 267 46 677 1983 19910 267 34 737 1984 216.0 267 24 8798 62 .1985 233.0 N.A. 931 1986 252.0 N,A, 1007 1987 273,0 K.A. NOTES: (1) Reflects participmo on in GibGtr,; ~qa'r• ;75 Mw and Commanche Peak 23 Mw). N.A. Not Available since power supply plans have not identified capacity for 1985-1995, Y-8 Although net capability and reserves rise after 19819 availability of sufficient supplies of natural gas for existing gas units plays a significant role in generating unit availability and energy (Kwh) production. As discussed previously, deficits in gas/oil supplies must be rectified by either burning additional quantities of gas, reverting to oil generation, or some combination thereof. The remaining gas/oil units, however, although capable of burning oil, are not designed for continuous oil burning and a switch to this fuel reluces the net available capacity of each of these units. The period 1979-1961 will be a critical period for Denton depending upon load growth, fuel supply, and the progress of Texas Municipal Power Authority's generating plans. Careful planning will be necessary to arrange for emergency purchases to insure the adequate system margins and reliability that Denton customers have enjoyed in the past. Generation Mix - Specific loaq range generation plans are formulated after consideration of many factors, among which are cost, fuel supply, and projected load, As discussed previously, Denton's present generation plan is primarily a direct function of natural gas availability and cost and participation in.Texas Municipal Power Authority. In a given year, in addition to meeting the eyoected peak load, consideration must also be given to the characteristics of the annjnl load duration curve, which indicates the fraction of time that the lpAd is equal to or greater than various output levels, In 1976, the minimum load was about 50 Mw; the peak load was 116 N. Due to this extreme variation in load, generation economics must consider generation costs at different levels of G4w%1C %"ftso" Y-9 load, The guiding principal in planned operation is to use the least costly rilant as much as possible, that is, for base load, and conversely, the highest cost plant as little as possible (peak load). Until a few years ago, Denton utilized gas fired generation for all its load and energy requirements. In participation with the Texas Municipal Power Authority, the City is switching to lignite/coal and nuclear plants for future base load operation due to the high cost and supply problems associated with natural gas. L1gW tl (and eventually coal and nuclear) plants will be base loaded, and gas fired generation units optimized for peaking on the basis of fuel costs and unit efficiency (heat rate). The installation of a new load dispatching system among the Texas Municipal Power Authority members will allow for the most efficient use of existing facilities. Due to past and projected gas curtailments, Denton has ,.onverted several units to operate on a 02 distillate oil. This flexibility allows Denton to operate during extended periods of curtailment without interruption of power supply. Existing fuel oil tankage is sufficient to operato for approximately 30 days of gas curtailment. RECOMMENDATION Our recommendation regarding the System Planning activities conducted by Denton center on an independent evaluation of future plans. Since T.M.P.A. staff members are performinj many of the Ounctions associated with System Planning, we believe that the PAM Utilities Board, the City Manager and V-10 the Director of Utilities, should concentrate on evaluating the data provided by T A P.A. F90 is the responsibility of those in Denton to conduct their own investigations-if differences are apparent, and to properly measure the Impact future actions have on Denton's utility operations, i G.~.n 1Con+~a+wnRA V-11 7MIN SECTION V1 TEXAS MUNICIPAL POWER AGENCY I NTRODI ICT I ON In 1975, the Denton City Council elected to become a member of the Texts Municipal Power Agency (TMPA) which consists of the cities of Garland, Greenville, and Bryan. The purpose of the new power agency is to supply reliable economic electric power to the member cities. Participation in this Agency has resulted in a number of questions regarding costs and benefits to the citizens of Denton. The Management Review of Denton's electric system does not include a review and evaluation of Texas Municipal Power Agency, however, we would be remiss in our responsibilities if we did not comment on particular areas of the Texas.Municipal Power Agency which affect Denton. Our comments are informational in nature and are a result of cursory examination of the Texas Municipal Power Agency organization and its relationship to Denton. Legislation enacted by the State of Texas in 1975 allowed the cities of Bryan, Denton, Garland and Greenville to form the Texas Municipal Power Agency (TMPA) which can issue revenue bonds and own facilities. The formation of 'iexas Municipal Power Agency is an outgrowth of an earlier affiliation of some of the cities dating back to 1963. The basic objective in forming Texas Municipal Power Agency was to provide power supply resources through joint venture efforts which would be more economically attractiva and electrically reliable than if the cities had acted independently. YI-I From an organizational standpoint, T.M.P.A. Is governed by an eight member Board, made up of representatives from each participating city. Since the beginning of Texas Municipal Power Agency, Denton has had as members of the Board Its City Manager, Utility Engineer, and several members of Council. At the present time, the new Director of Utilities and one Council r1ember are members of the T.M.P.A. Board of Directors. This mix of Denton's board members is one which we believe provides good coverage of Denton's interests. The technical expertise provided by the Director of ii:ilities together with the interest of the citizens through its elect?d representative is one which we think sensible. Most of the information concerning the plans and activities of Texas Municipal Power Agency are provided through these two member!,. Particular concern has been expressed by both Council and the Public Utilities Board that the information provided is "after the fact" knowledge. In that regard, City board members have indicated that the agenda for the Texas Municipal Power Agency Board meetings is provided by the staff of Texas Municipal Power Agency only several days before the actual meetings. In our opinion, this i lack of sufficient lead time for review and discussion between the City Public Utiiities Board and City Council is a major drawback to an adequate evaluation of the performance of Texas Municipal Power Agency. Texas Municipal Power Agency System Planning - The basic objective of forming Texas Municipal Power Agency and its affiliation with Brazos was to secure power supply resources through joint efforts which would be more economically attractive and electrically reliable tht,rs if the cities and Brazos had each acted independently. The organization of Texas Municipal 04" 1COWM"Ip" . M" AOL r~ Power Agency provides the foundation for the expansion of joint efforts of the cities and Brazos. Coordination of existing and future facilities are to be accomplished under the 1963 interchange agreement and project agreement which allows the joint ownership of facilities by Texas Municipal Power Agency. The first step in the development of such a program was the preparation by R. W. Beck and Associates of a March, 1975, report entitled Preliminary Power Supply Study. The study was an examination of the pool's long range generation and transmission requirements through 1995. The study considered basic elements and criteria in the categories of load growth, fuel, fuel transportation, cooling water, generation expansion alternatives, transmission, financial requirements, interim power supply, and economic dispatch and environmental Implications of the generation and ~ transmission expansion plans. The study showed an exceptionally high load growth of 11-12% a year. Ten basic generation expansion plans were studied using a Westinghouse computer program. Based on the results of this screening process and sensitivity studies, Plan 9 appeared to offer a basis for development considering economics, timing and fl,:ribility. Eleven variations of Plan 9 were studied resulting in Plan 9-7 being the most attractive. The addition of generating units as scheduled in Plan 9-7 is shown in Table VI-1 below; YI-3 TABLE VI-1 TEXAS MUNICIPAL POWER AGENCY(" GENERATION EXPANSION PLANS Pool Demand Capacity-MW Reserve Year MW Addition New Total Ratio 1978 1365 Combustion Turbine 80 1582 1.16 1979 1524 Combustion Turbine 160 1742 1.14 1980 1701 Atascosa Lignite (San 200 - - Miguel) Comanche Peak Nuclear 115 2057 1.21 1981 1898 Atascosa Lignite 200 2257 1.19 1982 2119 Comanche Peak Nuclear 115 - - Bryan Lignite 400 2772 1.31 I 1983 2365 Bryan Lignite 400 3172 1.34 1984 2639 Bryan (or other) Lignite 400 3572 1.35 1985 290 - 3572 1.21 1986 32L8 Nuclear Participation 400 3972 1.21 1987 3670 Ringold Coal 600 4572 1.25 1988 4096 Village Bend Pumped 800 5372 1.31 1989 4572 Storage - 5372 1.17 1990 5102 Village Send Nuclear 1200 6572 1.29 1991 5694 Combustion Turbine 350 5922 1.22 1992 6354 -Village Bend Nuclear 1200 8122 1.28 1993 7092 - 8122 1.15 1994 7914 Anderson Nuclear 1200 9322 1.18 In order to test the impact of Plan 9-7 versus independent City generation and operation with full dispatch of the separate utilities, Plan 10 was developed and results obtained. This independent approach by the cities was shown to cost 5.5 mils/Kwh more than the preferred Texas Municipal Power Agency generation mix resource Plan 9-7. Further studies by R. W. Beck showed that a fully independent operation of Denton would cost 13.7 mils/Kwh more than the integrated Plan 9-7. (1)R. W. Beck Report of Marth 1975, Preliminary Power Supply Study. r • GIEMlCam+aNHNN VI-4 'We are not aware of the original scope of work or tasks assigned to the consultant at the initiation of his assignment. However, we have not been able to resolve war the purchase of wholesale power froo an interconnected utility was not examined as an alternative to new generating plants. We would suggest that future Texas Municipal Power Agency power supply planning studies include such an alternative . The purchase of wholesale power from utilities such as Texas Power b Light is a practical alternative that may be attractive depending on T.P. & L's fuel and capacity position and contract term arrangements. While the goal of independence for Texas Municipal Power Agency is admirable with respect to generation sources, a comprehensive economic comparison of alternatives would identify all risks and rewards of such a purchase power alternative. In July of 1976, R. W. Beck issued a financial feasibility study which analyzed the impact on'the cities of assuming obligations related to the annual cost of. the proposed loin exas un c pa ower Agency' eve opmee'nr r projects. At the time of the study, Texas Municipal Power Agency was { negotiating 6% of Commanche Peak, a 2300 Mw nuclear unit, with Brazo owning , an additional 4% for a total of 230 Mw. The 1983 cost of power from the Commanche Peak plant was estimated at 18.9 mils/Kwh for the members of Texas Municipal Power Agency. A lignite "mine mouth" plant (Bryan Lignite) assumed conceptual status based on a size of 400 megawatts. Within the limitation of the project cost estimates, the preliminary estimate for Bryan Lignite is $348,000,000 with a projected busbar power cost of 30.5 mils/Kwh in 1983, This includes a fuel cost of $1.315/hibtu for the lignite coal. cue I Icaft"O"Am VI-5 y.. NNNMMMWWWN A lignite exploration program by the Paul Weir Company id:ntified two major lignite beds and engineering and cost details were to be released by the • 4th quarter of 1976. Based on incomplete studies, a preliminary cost estimate of $117,000,000 was developed for the mine. The facilities required to implement the first increments of the Texas Municipal Power Agency generation expansion plan will require substantial capital investment. The tota'r bond issues for the expansion plan amount to $715,000,000 as shown from a table presented in the.Beck study. The first Texas Municipal Power Agency bond issue of $50,000,000 was offered in September of 1976. Based on information in the Beck study, the estimated cost of power to Texas Municipal Power Agency members was forecast and the estimated average customer cost in Denton is shown below: TABLE VI-2 DENTON AVERAGE COST TMPA City of Denton Year Member Cost Customer Average Cost 1977 1.73 t/Kwh 3.05 t/Kwh 1978 1.96 33.24 .32 1979 2.06 1980 2.47 43.72 .47 1981 3.23 4.37 1982 3.18 4.44 1983 3.30 4.39 1984 3.30 4.41 1985 3.39 Texas Municipal Power Agency, in its new 10 year plan, has deleted the two combustion gas turbines as originally shown for 1978 and 1979. This was done as a result of revisions to load forecasts for member cities. Additionally, ' G~bert ltenwnonwNN VI-6 the Comanche Peak nuclear unit has slipped to a 1981 date for commercial operation. Bryan Lignite, now designated as Gibbons Creek Unit !1, has been advanced to September, 1981 date for commercial operation. A contract was awarded to Tippett b Gee of Abilene, Texas to begin engineering in September 197¢. Gibbons Creek is the major project now underway and managed by Texas Municipal Power Agency and its consultants. The plant is located in Grimes County, Texas adjacent to significant lignite reserves as identified by the Paul Weir Company, a mining -ansultant. The first unit will have a capability of 400,000 Kw with a cooling pond to be consw,rted through a series of dams and roadways. Texas Municipal Power Agency's latest schedule shows the unit to be in commercial operation by September of 1981. This represents an overall schedule of 4-3/4 years assuming engineering began in late 1976. Texas els confident of the commercial date since the unit is a duplicate of another unit under design by Tippett 6 Gee. Our review of the Gibbons Creek unit project has indicated that the schedule appears to be extremely tight with no allowance for delays in materials shipments or unsettling labor conditions. We are accustomed to a 5-1/2 to 6 years schedule for coal fired units of comparable size. We are aware of the reduced -equirements for environmental reports and public hearings for the Texas Municipal Power Agrsncy unit, however, the administration and coordination of several engineering contractors and the proximity of the plant site to the Houston area construction market more than counterbalance V1-7 e the former advantages. We are concerned that a schedule slippage past 1981 to late 1982 is possible and would require interim power purchases by Denton to maintain system integrity and reliability. We find, that as a Texas Municipal Power Agency member, Denton is prudently shifting to lignite, coal and nuclear generation in response to problems Concerning the availability and cost of its traditional fuel - natural gas. The decision to participate in Texas Municipal Power Agency has been made, and the responsibility now rests with this electric utility organization to assure the citizens of Dentin that its best interests are being looked after. RE CjKMENDV i O . Considering the Importance of TMPA in the future plans of Denton's Electric Utility System, we are presenting the following recommendations: sa=- -that T.M.P.k. provide monthly documentation and reports . concerning V e sV us of active projects (e.g., mine, power plant, and transmission). These reports should be authored by TMPA personnel and cover the following major aspects of current projects: Schedule - bar chart schedule showing critical dates, contract awards, mechanical completion and commercial operation. Enain~ eerin9 - progress of Tippett & Gee and subcontractors, drawing schedules (both vendor and A/E), engine ring manhours, and identification of any coordination problems between TtG. and subcontractors. GJiun,~ ,'rte Construction - site status, subcontracts awarded, field manpower requirements and inspection reports. Casts - a monthly summary of forecast costs (by account) for all projects. Estimates are to include funds connitted, spent and authorization in addition to account forecasts. An estimate of confidence level on forecast accuracy and contingency levels should be developed and included. A separate purchasing/procurement report should be included. 2. The City of Denton should require TMPA to present a new project schedule' for the Gibbons Creek unit showing the September 1981 commercial operation. This schedule should identify schedule critical areas (boiler, TG, permits) and the assumptions for labor availability, productivity and labor contracts during major construction periods. The impact of additional environmental requirements on the project schedule as a result of EPA's most recent ruling concerning an Fnvironmental Impact Statement should be considered, 3. Future TMPA planning for generation sources past Gibbon's Creek #1 should consider other alternative sources such es wholesale purchased power (TPLL) and participation in other utility projects. 4. We recommend that the agenda for future Board Meetings be provided to the Board Members in sufficient time to allow review and discussions with City Council and the Public Utilities Board. We must emphasize, however, that the purpose of this review is to consider thos items ethe major importance to Denton. Operational aspects should be discretion of T.M.P,A.'s staff, G"ilca ► u Y1-9 i - SECTION VII POWER SUPPLY ALTERNATIVES INTRODUCTION The City of Denton has retained riilbert Management Consultants a division of Gilbert Associates, Inc., to develop and analyze several alternative Electric Power Supply schemes to satisfy City demand and energy load growth for the period 1978-1987. Several alternative schemes were identified by Gilbert for legal review by the City Attorney as specified in the contract for services. We have been informed by the City Attorney that no alternative, other than Denton's present participation in the Texas Municinal Power Agency (TMPA), was legally available to the City, The City's Charter, bond ordinance, and TMPA's Power Sales Contract governed in this instance. Further discussions by Gilbert determined that the full impact of TMPA participation could not be satisfied by a singular review of the TMPA rlternative. This section therefore presents the development of revenues and costs for three base-load power supply alternatives. These mutually exclusive alternatives are: o Participation in TMPA; o Continued independent expansion of the Denton Generation, System; o The purchase of wholesale power for resale. While it should be clearly understood that the two latter power supply alternatives, continued independent expansion and the purchase of wholesale power, are unavailable as options to the City of Denton, we believe we have GAp«eJCemnwnw~M VII-1 responded to the City's immediate needs by expanding the scope of our services to include these additional cases for purposes of economic comparison. The comparisons and conclusions developed in this report provide sufficient data for the City Council and public to assess she City's committed participation in TMPA for future =lectric por,,er supplies. Study Horizon Costs have been developed for individual alternative cases for the years 1978-1987. It was our initial intent to project costs through 1995; however, several factors together render such projections unnecessary and/or misleading, our reasons for a 1978-1987 time frame are based on an adopted TMPA 10 year capital program, identifiable and reliable load forecasts for the City of Denton and potentially secured fuel supplies for existing City generation facilities. Forecasts past 1987 would be based on unsupported demand and energy loads. Further, the uncertainty in Federal government action with regard to availability and costs of power plant fuels for utility use would require assumptions that could overshadow and possibly distort the 10 year results reported in this revitw. Finally the computation of electric power costs in 20 to 30 year studies could lead to misunderstandings by the general public when confronted by data that grossly exceeds current day experience. Major Assumptions for any study, there are certain key assumptions that are made which effect study results. For each case, we discuss individual assumptions, however, f~Ert/tanmonvnn VII-2 the importance of fuel pricing requires that we identify early our assumed pricing for alternative boiler fuels. Where necessary, several sensitivity tests were made to examine results based on different assumptions of key variables. FUEL PRICES 1978 Denton Natural Gas $1.84/MMBTU Escalated at 11.2% per year Oil $2.05/MM8TU Escalated at »10% per year Coal $1.36/MMBTU $30/ton Escalated at 7% per year TMPA Lignite $0.37/MMBTU (1977) Escalated at 7% per year We note that these escalation rates are average rates and vary from year to year in our calculations. A Load Forecast was prepared by the City of Denton for the period 1978-87 and indicated an average annual growth rate of 8%. Since the load forecast is common to all cases, variations in ultimate loads will not affect the outcome of study results. The Wholesale Power Rate (TP&L) of 29.2 mills/kwh in 1981 s.:as based cn A projected TPLL fuel miA of 58% lignite, 34% natural gas, and 8% nuclear. We have assumed a 5% average escalation rate for the study period. Electric Utility System Operating Expenses for the development of revenue requirements, operating expenses such as O&M, customer accounts, and administrative accounts were supplied by Denton personnel. Existing debt service has also been provided by the City. c~e~ Iconunonr..~t1~ VII-3 Case uescriptions Study Case Development - As defined in our proposal, Gilbert was to evaluate the economics of power supply alternatives that are legally available to the City of Denton. In mid-August, we presented, for review by the City Attorney, Assistant City Manager and Director of Utilities, several study alternatives which would basically provide base load generation requirements for the period 1978-1987. These alternatives included: o Continued independent system expansion; o Participation in major planned units by neighboring utilities; o Participating in TMPA; o Sale cr assignment of existing facilities; n Wholesale power purchases. These proposed cases were to be reviewed by Denton against the restraints of the TMPA Power Sales Con~ract, the City's bond ordinance, and the City Charter. A review of our proposal was made by Mr. Paul Isham, City Attorney. His review indicated that except far the TMPA alternative, no other alternatives were legally available to the City of Denton at the present time. Since it is our opinion that a study of several basic alternatives is necessary to respond to the intent and spirit of the needs of the City of Denton, we proceeded independently with a. screening analysis of three identifiable alternatives: VII-4 AdL o Base Case - Continued Denton System expansion, independent of outside generation sources; o Case 1 - Continued participation in lMPA as now planned; o Case 2 - Purchase of wholesale power from Texas Power 6 Light. The analyses and comparisons of.these alternatives was conducted by developing annual electric system revenue requirements and average unit Kwh costs based on projected total system costs. The minimu-.,; cost alternative was considered most favorable. (The present 12 1/2`B surcharge was not included in our development of revenues.) We believe our choice of study cases presents clear information to the citizens of Denton of the mix of economic problems facing utilities today that have forced a divergence from traditional electrical generation practices and costs. The presentation of such factors will be beneficial for public understanding of the commitn*nt to TMPA and its potential costs and risks. In the following paragraphs, we develop the basic descriptions for the several study cases and tabulate costs and revenue requirements for the timeframe 1978-1987. Since there was interest in the potential benefits of a sale of Denton's Electric System assets; we have reviewed pertinent correspondef,ce (Appendix D) and offer several convents following the case descriptions. Base Case - The base case was a continuation of "business as usual." for Denton, this meant a continuation of satisfying electrical load growth through the installation of wholly-owned generation equipment. YIl-5 The system demand and energy (kwh) forecast shown in Table VII-1 is based on Denton and TMPA projections. We have no basis for modifying that forecast at this time. The data appears reasonable and since this data was connon to all cases, the effects of its accuracy en our study results is considered negligible. Based on the demand forecast by the City and stipulated reserve requirements in the City's interchange agreement, it was determined that a 25 Mw gas turbine and a 100 Mw coal fired unit would be required in 1981-1982. These new units are shown in Table VII-1. The gas turbine, which is oil fired, will be used for peaking purposes and allows Denton to satisfy short teem power supply shortages until the new 100 Mw base load coal unit is onstream in late 1982. The 100 MW unit was estimated to cost $140 million including interest during construction and escalation. Coal was the obvious fuel choice for the new base load unit since under the Texas State Railroad Commission order of December 17, 1975 Docket 600, gas would be prohibited as boiler fuel, and recent FfA actions would likewise prohibit oil for new power plpnts on s national basis. The 100 Mw unit is assumed to burn a high quality, high sulfur mid-western coal with stack gas scrubbing facilities. Operation of this plant would require approximately 200 acres for a plant site. Coal consumption would be 335,000 tons per year based on a 80% capacity factor in IPS4. For 1982 and 1983, it was assumed that the plant would operate at a 55% capacity factor until the plant matures and reliability is at a higher level. Incremental Kwh costs from the new base-load coal plant would be 21.1 mils/Kwh in 1982, Based on our projections for natural gas, the existing &UMJCW44-e".hi+ VII-6 TABLE Y1I-1 CITY OF DENTON DEMAND AND ENERGY FORECAST CAPACITY REQUIREMENTS 1978 - 1987 L E D** C C N C E L NERG ~ MW M44M MW MARGIN * u tGA~T~• I 1978 125 169 35 502 46 1979 134 169 26 538 46 1980 144 169 17 575 46 1981 155 25 GT (Oil) 194 25 625 46 1982 168 100 Coal 294 75 677 46 1983 183 294 61 737 46 1984 198 294 48 798 46 1985 214 294 37 862 46 1986 231 294 21 931 46 1987 250 294 18 1007 46 * Purchases and interchange agreements from TIS provide emergency or maintenance reliability. Data Source: City of Denton 6/1/77 Denton units 1-5 would provide power at a comparable 37.2 mils/Kwh. It is intended that the existing gas fired units would be used for cycling or intermittent load operation. Table v1I-2 tabulates the annual energy sources to satisfy yearly Kwh loads in the Base Case. Short term purchases from Brazos are shown in 1981 to account for reduced gas supplies and to satisfy interim needs until the new coal unit is on stream. Gas is assumed displaced as a boiler fuel after 1985. While not shown, it is expected that a new coal unit (111) will be onstream in 1988, thus minimizing costs for oil as a boiler fuel. Our development of revenue requirements for the Base Case is shown in Table VII-3. We have included additional fixed charges for the two new units and have not included costs for any major transmission network modifications. Further, it is anticipated that a second 100 Mw, unit will have to be onstream in early 1988. The costs of this project have not been included in our analysis. If included, such costs would substantially further raise revenues in the years 1984-1987. The large rise in costs in 1982 is directly attritatable to increased debt service required ty the new plants. Case 1 - Thic casa develops revenues and costs o',' Denton's Electric Utility System to support its participation in the Texas Municipal Power Agency as now planned. In accordance with the Power Sales Contract, Denton through TMPA, will participate in new planned nuclear and lignite generation. Through this participation, Denton will achieve reliability and lower costs not otherwise available by a continuation and growth of wholly-owned facilities: - Go'. rC&WOV +RA YI1-7 .i d N N N €t ~ "o ~i V ~ y A n 11 V y ~ y O 4 ; W 1 r Ni N ,r a . T v,..,, . TABLE VII-3 CITY OF D6NTUN0TLAAs t:LLCIKIL UTILITY SYSTEM ICO.M 11 SUMMAk( OF PRUJLLTEO UPLMAIIONtat$ASE CASE IILM 1977 1978 1979 OPENATING kEVENt1E5 lul t: 13445. 1616b0 Ib770• Kvm SAt.kStOo0) 102 1 419500• 466b6Or 500340• ' WT F-Wh kEVENUL(CLNT5/R4M) 103 t, 31995 34.63 37.51 OPERATING EXPENSES FUEL 104 1 74bo 11154. 13594• OPERATION AND MAInTENANCE 1u~3 1 2216• 9200 975. PURCHASED POWER lob l 00 THANSr,ISSION AND GISTN1bvi1Li. of 0. 107 1 0. 32b0 500. CUS40MER ,r.,, , 1Gd 1 0. 454. 4b20 _ •~OtiIl1 5` if~iYi I . Ahti U+tiJLPAL l0y 1 0. 4510 470. TOTAL OPERATIt46 EkPENSLS ? Ilu -c y616• 13507. 160970 NET OPERATING REVENUICS. 11~ o" 3749. 26609 2683. OTMEQ INCO14E 110 I AMOUNT AVAILAULF F.Wo ii►.+s ~►r;!,1~r 050 250. 250• Oa.l. li'l/et. DEBT SERVICL EXISTING ' PRot9cEU 114.1 Ib3S. 1631. 18000 I15 I 00 105. 1550 BASF' CASE 110, 1 Of iJ. of TOTAL bEllY SERVICE 1161 to 16J50 1yw00 19550 DEBT SEkVICE COVERAUt 11b I 202 - 105 1.5 BALANCE OF NLT kLVEr.ULS ;ib t 2tl94 Y700 yid. BASE CASE 19bD 19bi 11182 1983 lvb4 Ivb5 1906 1987 2202e0 265670 41b86. 46119• 467626 b1333. 57247. 64839. 534750. 581250. 6296100 685410• ?42140. 8016bD. 365830• 936510. 41.1b 45071 6663 67029 es.u1 b4.03 86.12 690 Z3 ! I 1+,518. 15995. 17242• 209814 ?1153. 75479. 3ub25. 370010 ,I 10500 1096• 64b3• 6872. 72N5. 7121, b1a4. b70b► 00 49708 00 00 0. 04 04 593. 629. 666• 1060 749. 00 20 I $10• 7469 8416 8920 541• 513. 6080 644. 60. 724. 7670 5064. 5376 569. 603• 839. 67'70 71b. 161. 192379 237670 25474• 297704 30470• 353460 412920 48929• 7704. 28004 16412• 163490 1f2y2• 160270 15955. 159100 150. 2500 250• 250 2500 2500 2 3034 _-95l1..____ 0n~z.'t~- "'7011i~,.. 16205• lbl60• f~ 1766• 1131. 1696• 1661• 1630. 14601 116. 261. , f 257. 303o MI 13>6 O, 9118. 2840 1824 275. I 0' 91160 4 9118. 9116. y116. 9• 2023• 20340 111080 110660 110280 106516 118 1u80J0 107730 105 lob 105 l.5 lob 105 105 1.5 10116 10170 55546 55330 55146 5476. 54020 53b70 1 1 { I A Based on'projections of TMPA, Denton was to initiate purchases of energy in 1981 from new TMPA sources. As more fully discussed in Section VI of our Management Review, we have assumed that Denton will not receive energy from TMPA sources until 1983. able VIII-4 tabulates energy requirements and sources by year for Case 1. For the 1981-82 period, we have shown emergency i purchases from Brazos until TMPA (Gibbons Creek) is fully operational in 1983. Denton's existing gas fired generation is utilized to satisfy the difference between system requirements and energy available from TMPA. i This use of high cost gas fired gent ation is at a minimum in 1983, but climbs to 37% of annual needs in 1987. To develop revenue requirements, it was necessary to obtain projected unit costs for Texas Municipal Power Agency generation sources. Table VII-5 tabulates the energy to be derived from new TMPA sources, Comanche Peak and Gibbons Creek. The Texas Municipal Power Agency developed system unit customer costs for the period 1978-1987 and this is reproduced in Table VII- 6, with two exceptions. First, member city fuel costs are excluded from TMPA projections so as to isolate Agency costs. Second, we have reduced the value for debt service by $11-23 million for the years 1983-1987. These monies were forecast for a fuel program not presently authorized or, associated with Gibbons Creek or Commanche Peek, but for future generation. This reduction is consistent with our exclusion of costs for a second 100 MW unit in the base case and our study horizon. Gibbons Creek is the major project now underway and managed by Texas Municipal Power Agency and its consultants. The plant is located in Grimes County, Texas adjacent to significant lignite reserves as identified by the Paul croalc~nrnoow,M VII-8 r A ^ !per N r 8 M 1J r e a 'Co .r 67 f'1 b C ~p ry N iD V m 14 gyp] ¢f u N N N w~ vV M r r V , VV ~ r N 64 0 KI ,A ~i $ Won! TAB! c VII -5 TEXAS MIS~ICIPAl POWERCY PROJECTED POWER PRODUCTION (GWH) FISCAL YEAR ENDED SEPTEMBER 30 1983 1984 1985, 1986 1987 Year Source 456.2 458 456.5 456.5 456.5 Comanche Peak 1 Comanche Peak 2 168.8 393 459.5 459.5 459.5 Gibbons Creek 1 2196.7 2275,4 2343.7 2441.1 2512.6 2811.7 3126.4 3259.7 3357.1 3428.6 Texas Municipal Power Agency Fuel & O&M Cost $26,815,000 Production Variable Cost 9,54 (Mills/Kwh) Source: TMPA 60anltaw"too Weir Company, a mining consultant. The first unit will have a capability of 400,000 Kw with a cooling pond to be constructed through a series of dams and roadways. Texas Municipal Power Agency's latest schedule shows the unit to be in commercial operation by September of 1981. This represents an overall schedule of 4-3/4 years assuming engineering began iii late 1976. Texas Municipal Power Agency feels confident of the commercial date since the unit is a duplicate of another unit under design by Tippett b Gee. We have assumed a commercial operation date of January 1, 1983 for which we believe recognizes realistically engineering, site, labor, environmental, and startup factors which will affect this unit consistent with our experience on other projects, Table VII-6, which projects TMPA operating results, approximates unit Kwh costs to be incurred by member cities and is used to determine annual Denton payments to Texas Municipal Power Agency for energy including fixed charges, With this data, and the emergency purchases from Brazo's i}i 1981-1982, Table VII-7 was developed to determine annual revenues and average expected Kwh costs. Through 1981, annual revenues for Case 1 are comparable to the base case. However, starting in 1982, revenue-; are approximately $10 million lower for the TMPA alternative when compared to the independent expansion basq case alternative, Case 2 - While not presently legally available to the City of Denton,. It was of interest to examine the situation whero the City would purchase its entire power needs from a neighboring utility. Texas Power b Light, a subsidiary of Texas Utilities, was contacted to determine potential availability of firm wholesale power and costs, Our discussions with TP&L indicated our data request was for study purposes only and that it was V11.4 Case i TABLE Vii-7 CITY OF OENTONs7EXAS ELECTRIC UTILITY SYSTEM (COON 1) CASE i SUMMARY OF PROJECTED OPERATIONS 1980 1981 1962 1983 1984 1485 1986 1981 ITEM 1977 1918 1479 36976. 4023bO 457630 52781. 0 26568• 30730• 31014. b01660. bb5830• 936510• 13405. 16167• 18770. 22006, 2500 629610. 085410• 742140. 56.37 OPERATING REVENUES 1101 02 1 G 4195006 4668b0. 500340. 534750• 58145.71 46.b2 45025 49.8? 50619 52.85 KWH SALES10001 31.95 34.63 37051 41.15 UNIT KWH REVENUEICENTS/KWH1 !03 C 7335. 111680 15984. 22320. 13594. 16S780 15995. 107686 12315794• 1305. 13M 1466• 1554 OPERATING EXPENSES . 104 l 7400• 11154. 9756 1034• 10960 11610 . 2317b. 23749. 24257. FUEL 105 I 22160 920. 4970. 14390. 19391• 23686. 7960 8416 8928 OPERATION AND MAINTENANCE Of 00 00 0' 666• 700. 744` 767• PURCHASED POWER 106 1 52g• 5600 593. 629. 608+ 644. 6830 724. 107 1 0' 482. $10. 541• Si}• 639. 671. 718. 7610 TRANSMISSION AND UISiRIBUTION lob 1 00 454' 506• 5370 5691 6030 CUSTOMER ACCOUNTS 109 1 06 451• 4780 43482. SOSSIO AOHlN151RATlYE AND GENERAL 135076 16087• 192216 23767• 279980 26339• 34358. 3]88?. 110 G 46ibO 2610. 23536 2281. 2236. TOTAL OPERATING EXPENSES 27b5. 28010 27380 2675. 250 250* 2500 3784. ?5506 208}. 2501 250. 250. • ?S0• 25310 24860 111 C 250 NET OPERATING REVENUES 2650 250• 2500 . 286x. 2003. 112 1 2910• 2933. 3035. 30516 29886 2425. OTHFF INCOME 4054. AMOUNT AVAILABLE FON DEBT SERVICE 113 C 1460. 1414. 1396. 1661. 1630. 2750 2640 2611 DEBT SERVICE 114 1835• 1835• 18006 17660 1303. 1296. 2b9. O282. p• 757. 00 . 00 Of EXISTING 00 1050 1550 0 ' 0` 1912. 1735. 1687. 1657. PAOPOSEO 115 ! 0 OO 00 1 116 I • p' 20230 20340 992. 1950. :1~5C CAS: 117 C 0 350 19400 1955. 1.5 165 TOTAL DEBT SERVICE l,t 3.5 l.5 +.i 1!b 1 202 165 165 1.5 105 956 868. 944. 829. DEBT SEkViCE CUVERAGE IOl7O 4960 9750 . BALANCE OF NET REVENUES 119 C 2214. 4700 978. 1012. . W N M LA N n m Q Ijp LA co m r ON Ln N 01 M M ON Q C6 Op lA ONra oW hr N N00 00NNrn N 6n0 QNM r MkA 01 MNNOS O MN L Q w-00 N rM OQ w w w w • w • r • • w N ~ kp O M yr W Q M N N LLn 0000 LD ON n as r r r r Q k0 r M k0 Ol W r W ILA Q h M O N L+ WC~ T r k0 Ln f\ h M CT h W W k0 N If~ Q C.''n V ('h N O O, d M co Q J7 M Ql r OOSO hNrfr+ N 00- O 00 ."W M rlA L.0 M w w w w N • II`r~w Ln w w W w to w w r • • w w w w w N v~ N in C hQ NN QO ~ ON W r r r h LA M hcf Mco r m o1` kDLo NLp %o r>N rOt lC 03 M kph Q1 LnS O1 Qr NNMet CA MO MLnM 01 M h e! Ln O O Co 14,0 I~ w" 01 • N kp tJl M N r N w .raw w w w w w w w w wr w • w w • w w M clhd NNNk7 ON ^ CON O1M q:r ZVZ CA r • r (W vi Q w aw 'AT M W W 0 ON rCO~ rn Nh ai MLAWd N rN askOh 1 3 z a MOM rW `u cf Pt0•'•' f~ QNMM O VN rNM rn p rr C% ct 0 a qr a% W N Q W O1 • h N N Cl N h r w,y a H w • • w w w • w w• a w • w w • w w h N r r d' MLA 00 O !11 N 1A ►4 W M y Q 00 rN' M ¢f 00 00 r~ r- r-' N .••s r J 0. 0. O r r im O 1+1, tij, ~ F' h W u LaJ M CO kA O M V co N k0 Q O Q IA W Q N O h ko rLA Q r 4D W Cl Os QO M NNOCO N Mh W M Cd Os ct 0.M N01hO1 O M W CO r •hGf h' Qh W co O w • • w• w w w w w wr • w w w w w w iw yl 0. N 40 to N r r O1 M lA 00 t7 M N N O r N t0 F" O .N M k0 k0 lA r- r O r+ Qs Ilk r w" O L A C uU N H d r > O C L W OJ ^ a1 O 01 N > Jr N cc 41 41 4) im b 0 E co c L v1~0 W w, N S kA 'n N 01 61 na l•J U n N kn r-+ a r via a1 a s =I c v 41 f- N z L0 zNr x0 c Z... c>: ~c ••v vi r- .0 W 0 W o c~1 u=0 W r. al q c •r > N l.L d C L. kA v N F CL.- C O 4+ ) W N > 41 O a b 4! u x L. O ~0 LY L W a U h' > al 'r L 3 W LLJ •O :q: .10 al O L J d cC a 0 al Y N L1 a L1J W C C IA G •r kr CL .7 W L "J u 0 C- > 9x O 060 •6 O E v ti u C J > O al c 3 C1 O C CL Tom-. a-+ 'D vl k_ C w O F- L. as CC U p C m O o L.7 N r alb O C 7 O d d a1 O 01 > LL •L > N v- V W X L ro N h W A: > (A fo u 01 0. U O •-a , :I,, 0. S. c 'O Q W d L C L" Li b K 0 Q -7 U. w 1 F- •t G N a~ 41 10 v1 O L N 41 +J al cp~~ O c J O 7 J > r r~JN N 0) 0 r0 u W W 1 2 ►4'• 1-0. 3d- OL)G7J Z W 06 v~l`OJ ^l/1COJ L. 0. 0. O O W O ul 4 I O recognized that Denton was a member of TMPA and as such could not presently purchase wholesale power for resale. TP&L supplied a copy of their Rate Schedules WP-500 (June 1977) and FCF (fuel adjustment) which, together with a projection of their fuel sources form the basis of future costs for our study. The presently effective rate schedule, WP-500, includes 11°0 of a petitioned 34% rate request by TP&L in December 1976. TP&L plans to file for additional increases by the end of the year. We have assumed that the balance of their originally proposed rate increase will be awarded. To determine unit costs in 1981, we escalated the TP&L rate schedule (with the 34% increase) components at 10% biannually to 1981. Based on a 1981 forecast of fuel mix (Table VII-8), we have determined that purchased power costs would be 29.2 mills/kwh in 1981. Table V1I-8 indicated that system fuel costs will increase from 92t/MMBTU in 1976 to $1.32/M14BTU in 1981. This represents an increase of 7-8% per year. TP&L is able to moderate their fuel cost increase by their timely conversion to lignite as a primary fuel source. Table V11-9 tabulates the TP&L portion of major planned lignite units which are to be in service before 1987. The addition of these new units will further reduce their dependence on high cost natural gas. For our case study, we have assumed that existing Denton Generation is retired in favor of purchasing Denton's entire system load requirements since the purchase power costs are less than Denton's generation costs. Table VII-10 tabulates the system energy requirements and sources for the cae.nltomnan«nnn V11-10 TABLE VII-8 TEXAS POWER & LIGHT 1981 FORECAST KWH BY FUEL SOURCE 1976 Actual KW~ Unit Cost Weighted Cost Weighted Cost 10 S MM BTU 5/IVBTU SJNHBTU 20226 0.53 0.30 0.096 Lignite 29415 1.05 0106 Nuclear Gas Non-Tufco 1'86 0.824 Tufco 11 812 2.75 0.95 Oil Equivalent .0.06 Purchases 103 0.01 Total 346556 $1.32 $0.921 KWH Fuel Cost in 1981 = $1.32 x 10,500 Btu/KWH 13.86 mills/KWH 10 Btu 1981 WHOLESALE RATE Unit Cost 1 Demand Charge 9.6 Basis 155,000 KW C- $4.65/kw Energy Charge (No Fuel) 5.7 Basis 759000 KWH/Month Fuel Adjustment (per KWH) 13.9 29.2 Mils/KWH Source: Gilbert Management Consultants G+wt ~ [aiuron+uiu TABLE VII-9 TEXAS POKER & LIGHT GENERATING UNITS UNDER CONSIRUCTION OR IN DESIGN ~TATTC3V~ND L~ T [ Pi U . UNIT U T: NET NO. CAPABILITY (Kilowatts) Tota Company- Scheduled Participation For Service Martin Lake - Rusk County Lignite 1 7509000 4500000 1977) 12 7509000 450,000 1978) Montciello - Titus County Lignite 3 750,000 375,000 1978 Martin Lake - Rusk County Lignite 3 750,000 225,000 1979 Sandow - Milam County Lignite 4 5459000 5459000 1981 Comanche Peak - Somervell 1 19150,000 3839000 1981 County Nuclear ~2 1,150,000 383,000 1982 Forest Grove - Henderson County Lignite 1 750,000 150,000 1982 Martin Lake - Rusk County Lignite 4 750,000 225,000 1983 Twin Oak - Robertson County Lignite (1 7509000 572,000 1984) (2 750,000 563,000 1985) I N L 83~ ter V W 8S O O x 99 ~ 0 7a 1 IIr ~ _ L~ yVyIL .1 r v ~1~ ~ O u " f • tttu777 c ~ ~9✓1 ed In f w y y~ f A _ C C r N A Y • r W~ W C L N IP •r~CC~~ pi~ ~idO h .rif ~ L WI N . TABLE VII-11 Case 2 i CITY 01 OENTONaTEXAS ELLCINIL UTILITY SYSTEM iCO.r 11 SUMMANV OF PeOJECTEU OPERATIONS CASE 2 ITEM 1977 1978 1979 1940 1981 1982 1983 1984 1985 1946 1987 OPERATING REVENUES 101 C 13050 16167• 18770. 22006. 23524• 256098 293!3. 3?217. 3b595, 401306 46930a Koh SALES40001 102 1 419500. 466860, 500340. 534700. 581250• 629,510. 085410. 742140. 801660. 865830. 936510. UNIT KWH R.EVENU[(CENTS/144) 103 C 31095 34.63 37.51 4!•16 40.47 40.68 42.80 43.41 45965 46.35 50.11 OPERATING EXPENSES FUEL 104 1 7400. 11154. 13594. 165780 as 04 00 Of 00 00 00 OPERATION AND MAINTENANCE 105 1 2216. 9200 9750 1034. 7670 813. 862. 914. 9680 10260 10860 PURCHASED POWER 106 1 00 0. 00 00 18250. 203100 23879. 26653. 311180 34540. 411860 Ti;ANSMISSION AND DISTHIBUT?ON 107 l 00 528• 560. 593• 629a 666. ?060 749. 1969 8416 89?. CUSTOMER ACCOUNTS lob 1 00 4544 482. 514. 541a 5134 608# 644• 683. 724e r4'l. ADMINISTRATIVE AND GENERAL 109 1 0. 451# 478& 5064 5370 $690 603a 639, 677, ilb& 761# TOTAL OPERATING EXPENSES r 110 C 9615, 13507. 160870 192220 20123# 228710 26658# 2455x90 342420 378490 44694& NET OPERATING REVENUES 111 C 3789& 2660, 2683# 27ds. 28010 2738, 2675# 2618& 2353. 2261& 2236& OTHER INCOME 112 1 265# 250& 250# 250, 2500 2506 2500 250. 250. 2501 2506 AMOUNT AVAILABLE FOR DEBT SERVICE 113 C 4054# 19109 29336 3035# 30516 2988. 2925. 2868• 2603. 25310 2486, DEBT SEkV1CE EXISTING 114 I 1835& 18356 1800& 17666 1731. 16966 1661# 16301 1460• 14198 139(.# PROPOSED 115 1 Of 105# 1556 2516 303# 2966 2890 2824 2750 264. 261. BASE CASE 116 1 00 0# 00 00 Of 00 06 06 06 0# TOTAL DEBT SERVICE 117 C 1835& 19406 1955# 20236 2034. 19920 19504 491?# 17354 1687& 1657, DEBT SERVICE COVERAGE )18 1 2#2 105 l&5 1,5 145 105 165 115 145 105 105 BALANCE OF NET REVENUES 119 C 22194 970& 9784 10120 1017, 9966 9750 95641 868a 8440 829, years 1978-1987. Assuming a contract and rate schedule is negotiated, wholesale power as an energy source is shown starting in 1981. Table VII- 11 presents the forecast of System revenues and expenses to support this alternative. We have reviewed the wholesale rate schedules of LCRA and Central Power and Light and that review determined that TP&L's rate was most economical at this time. TP&L's favorable capacity and cost position, transmission ties with Denton and TIS assured that our cost development would be representative. Revenues under the wholesale power case are $2-4 million a year less than the T.M.P.A. alternative. On a levelized basis we have determined that wholesale power would cost 2-3 mils (nut of 40-45) less than the T.M.P.A. alternative. However, as noted in our summary, the data used for this case development does not have the firm basis and reliability that is embodizd in the T.M.P.A. alternative. The results should be considered speculative until confirmed by further study. Other Considerations As noted earlier, there are several power supply alternatives that were not studied in detail in this report. We have previously listed our reasoning for exclusion of such cases. There is an alternative, for which some factual data exists, that is of current interest and warrants our review and comments. This alternative is the offer of Texas Power & Light to purchase the City of Denton Electric Facilities for $~S million. CAVA Mow. tog" VII-ll Ask We have included as an Appendix 0, correspondence made available to us in early October 1977 concerning this apparent bonafide offer. We assume that management, City Council, and the Public Utilities Board are aware of those terms and conditions. It would appear that in addition to the $25 million, TP&L would make the following estimated annual payments: Street Rental 1410,000 Ad Valorem Taxes 147,000 School Taxes 260,000 $867,000 Other potential income would be a return on remaining funds after the retirement of outstanding Denton bonds. This is estimated to be $400,000 annual by TP&L. At this time, it is difficult to develop a comparable case for comparison to our other three cases. Such a development would require an investigation into the TP&L system, including their forward planning and a development of rates which would be applicable to the City, We believe that such forecasts by TP&L or a consultant would show costs to Denton to be comparable to our Case 2, wholesale power case. fdCert 1Car rtanwuR~ VII-12 FINDINGS Revenue requirements and corresponding unit electric power costs (mills/kwh) have been determined fo~% three mutually exclusive power supply alternatives. These alternatives are: o Continued independent system expansion of the City's generation facilities. (Base Case) o Participation in the Texas Municipal Power Agency (TMPA). (Case 1) o Purchase of wholesale power for resale from the Texas Power b Light Company (TP&L). (Case 2) For the ten year period 1978-1987, revenues and expenses were forecast to analyze each study alternative based on certain major assumptions for fuel costs and'load growth. For comparison purposes, it was assumed O.at the City of Denton had the choice of pursuing either of three independent plans listed above without regard to the City's committed participation in TMPA. In essence, the study is intended to test the reasonableness of costs that can be expected from Denton's decision in July 1976 to participate in TMPA. We have summarized our results in the accompanying table to illustrate the major cost differences between the three study cases. We conclude that: 1. Continued independent expansion of the Denton generation system is not economically practical with respect to the magnitude of the City's added capacity requirements. Escalating plant and fuel costs do not allow the achievement of economies of scale necessary for today's electric systems. For example, the cost for a 100 MW coal fired unit ~ rcam~wu VII-13 for Denton's system, on line in 1982-83, would approximate 51,400/kw for plant facilities, whereas similar plants for mayor utilities constructed in the same time frame are less than $1,000/kw. Fixed costs (debt service) on a 100 MW rcdl-fired plant would far exceed the benefits of burning lower cost coal versus burning natural gas in existing units. When continued independent expansion is compared to the DTA (Case 1) alternative, levelized system costs favor the TMPA alternative by 8 mills/kwh. This confirms previous studies conducted by R. W. Beck and Westinghouse. 2. For Case 1, the TMPA alternative, our forecast unit cost of 45 mills/kwh (4.50 which is 15% higher than previously published data (3.9¢) by TMPA in their September 1976 Bond Report. This increase is due mainly to higher plant and facilities costs. We should point out that the earlier TMPA forecast data included the economic dispatch of member units, while our data does not. Economic dispatching iiould reduce our TMPA costs by 1 to 2 mills and thus narrow the difference between Case I and Case 2. We find the costs of TMPA participation to be reasonable compared with forecast costs being experienced by other utilities. TMPA is prudently shifting to lignite and nuclear based plants which offer economies Denton could not experience through independent action. 3. Based on our 1981 projections for TP&L wholesale power rates (Case 2), it is apparent that this may be an attractive alternative to the citizens of Denton. Case 2 results are somewhat hampered in that they Govt rcaww"wm VII-14 w • do not contain a like de;ree of accuracy or confidence level as in the data for the other cases. The case should at least be considered speculative at present pending further definition and obtainmenc of additional data from TP&L. We believe the four mill difference in levelized unit power costs between Case 1 (TMPA) and Case 2 to be of significant magnitude to warrant further study. 4. We have reviewed correspondence relating to an offer by TP&L to purchase the xssats of the Denton Electric System for $25 million. We have been advised that this alternative is not legally available to Denton and was therefore not included in our scope of services. RECOMMENDATIONS Our studies indicated the TMPA alternative to be a reasonable route for Denton to pursue under present economic conditions. We recommend that Denton continue to monitor TMPA cost projections and project schedules to insure that costs remain comparable to those estimated for purchased power. i As noted in Section VI, our judgement is that Gibbons Creek will not be available until 1983. This delay may necessitate emergency purchases and most certainly will result in additional costs due to the purcha!.-id power and the financing of increased capital costs associated with Interest During Construction and added escalation. Prior to future commitments for generation projects, we recommend that Denton require TMPA to study all reasonably available alternatives. Our studies show that wholesale power (Case 2) may be attractive for Denton in the future and should be studied as both a TMPA and Denton alternative. t N C ro ajaxi~ i N r O T p 41 Ul t Z CT1 N U4J 4J t- p r. - a, N rn v 5 3 C 41 d Ql C y► N► N ...7 C C 6j •r y 00 4J ~J •-r 8 CU r 00 L W L •r 0) 41 L ; a c~ C C" O O w c w r0 Cl. 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APPENDIX B GENERATING STATION PROCEDURE PLANT SWITCH AND TAGGING APPLICATIONS ppplications are to be used when either mechanical or electrical equipment is to be isolated and tagged for inspection, testing, or maintenance. An exception to the above is when equipment is specifically exempted in writing by the Plant S;perintendent. Equipment on this list does not require an application if "personal tags" are used and permission from the Shift Foreman is obtained. These applications are meant to be a supplement to and not a replacement of any existing Company safety rules for protection of men working on electrical or mechanical apparatus. i' Tho purposes of the plant applications are: 1. That the proper method for isolation and protective tagging for inspection, testing, or maintenance shall be uniform and mutually agreed upon by the various parties concerned. 2. Through such a procedure, complete protection (both electrical and mechanical) can be supplied for the workmen involved in accordance with the Company's safety rules. 3. That all parties involved will have a written record of all necessary information pertaining to the work planned. 4. That the equipment may be scheduled out of service at such times as not to interfere with the operation of the plant. One copy of the application shall be ti'ept as a permanent record. CAM K&WROW 6.1 INSTRUCTIONS The applicant assigned to a specific Job shall complete an application down to the first double line as a request for the isolation of the apparatus or equipment needed. This must be done before attempting to start to ;ob. The applicant shall also list the necessary switches or valves necessary for isolation and safety, together with the type of tags to be applied. The department and shift foreman's verbal approval must be obtained before any switching and tagging is begun. The ap►:+ication shall be signed by both the department supervisor and shift fort-man as soon as practical. She applicant shall present his application to the switchboard operator or Control Room operator, who will check the switches or valves to be tagged as listed by the applicant. If he approves, the operator shall insert his name on Vs proper line before writing his snitching order to isolate the switches or valves requested, The switching and tagging shall be done by personnel designated by the station superintendent. The switching and tagging procedure must be witnessed by the man for whom the tags are pla.,_d, either durinn the actual switching operation or before starting his work. At the completion of the switching and tagging, and before commencing work, the applicant shall verbally request clearance from the operator for permission to start hit work. At this time, the operator shall ascertain whether or not grounds are to be installed by the applicant. This information shall be recorded on the line marked "Clearance given." B-2 ...n . ~ When the applicant has completed his work and removed his grounds (if are), he shall so notify the operator who will complete the line marked "Reported clear." When convenient, the operator shall issue a switching order to remove the tags and restore the isolated switches or valves to a normal position using personnel designated by the station superintendent. It is not necessary that the applicant assist in the restoration of the equipment. If the applicant does not complete his work in one day and desires to leave the work site, he shall report to the operator that his work is not completed. This notification shall be inserted in the station log. On returning to the work site the following day, the applicant shall again be given clearance by the operator to commence his work. This clearance time shall also be inserted in the station log. After the switches or valves have been restored to a normal position, the operator shall complete the line marked "Approved for operation" and notify the shift foreman that the equipment is ready for service. . Tha Original copy of all applica600i small too ret(A ned in a binder and kept as a permanent recorc, APPROVED: Chief ystem perator uper n en ent-OTTro uct on ant uperinte c ent Wiwi luft ft"M B-3 STATION . e N0. DATE - APPARATUS DESIRED AH DAY AM DAY ` - - - - 1 FROM PH DATE,,,,. - 19 UNTIL PH DATE WORK T% BE D014E - + SWITCHES/VALVES NECESSARY TAGS TO BE PLACED FOR SIGNED BY _,___(APPLICANT) ALL OF ABOVE,, FORt-i TO BE COftPLLTE:D BY APPLICANT ABOVE TAGGING APPROVED; APPROVED - DEPT. FORE24AN ~i al.iiLJ (Switchboard Operator) SHIT FOR%LAL1 (Control Room Operator) DATE TIME GROUNDS APPLIED CLEARANCE GIVEN BY AM 00 PH REPORTED CLEAR BY DATE TREE AM GROUNDS R111OVED PM APPROVED FOR OPERATION DATE TIME AM PM Switchboard Operator (Name of Shift Foreman Notified) ,,;ontrol Room Operator) F`LE ONE COPY TO IT HORE SPACE TS RLQUIIUD USE REVERSE B•4 SWITCHING ORnER fT~f10N ORt)[R MO. Olli[ H ORO[R[0 6Y. ,~_11M[ pOVlt I ORDER OF SWITGHtNO a s Y to 10 .1 11 14 If is Ir fIM[ COMfI[t[D NIS. by&"*" 0~0I■d+[41 Good 1180 $-5