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1986-0941428L NO -2_L1_ AN ORDINANCE AMENDING "SCHEDULE ECA" OF THE SCHEDULE OF RATES FOR ELECTRICAL SERVICE, TO PROVIDE FOR A REDUCED ENERGY COST ADJUSTMENT RATE, AND PROVIDING FOR AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the Schedule of Rates for Electrical Service adopted by Ordinance 85-240, on November 26, 1985, is hereby amended by adopting the revised "Schedule ECA" attached hereto SECTION II That the revised "Schedule ECA" shall be attached to Ordinance No 85-240, showing the amendment herein made SECTION III That this ordnance shall become effective on May 6, 1986 and the revised "Schedule ECA" shall be applied to, and charged on all bills issued on or after May 1, 1986 PASSED AND APPROVED this the ~ day of 1986 RAY S ENS, MAYOR CITY F DENTON, TEXAS ATTEST 2~z&" 4~21~ CHARL~F~-ALL , C SECRETARY CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY CITY OF DENTON, TEXAS BY ` /Mn1 SCHEDULE ECA ENERGY COST ADJUSTMENT ENERGY COST ADJUSTMENT All monthly KWH charges shall be increased or decreased by an amount equal to "X" cents per KWH, to be known as the energy cost adjustment (ECA) The ECA shall be computed in the months of April and October to be applied to the following periods of May through October and November through April respectively The City shall in no case change the energy cost adjustment more than twice in either of the six (6) month periods The ECA shall be calculated by the following formula ECA (Winter) = Pro ect ener cost for winter months Project:ed KWH sales or winter mont s ECA (Summer) = Proje ected eners cost for summer months ct:a W1 ales or summer months The above formula results in Winter 1985/86 and Summer 1986 ECA's as follows ECA (Winter) = 2 25 ECA (Summer) = 2 25 In the event that actual cumulative costs of fuel, variable costs of Texas Municipal Power Agency (TMPA) energy and purchased energy (excluding TMPA's fixed charges) is greater than or less than the cumulative ECA revenues by $1,000,000 during the fiscal year, the City may recompute the Energy Cost Adjustment and re-establish an ECA that collects or returns such difference over the remaining months of the fiscal year Such change in ECA shall be applied evenly to all remaining months' ECA PAGE 27