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2004-260ORDINANCE NO. 2004- AN ORDINANCE OF THE CITY OF DENTON, TEXAS SUPPLEMENTING THE SCHEDULE OF RATES CONTAINED IN ORDINANCE NO. 2003-262 FOR ELECTRIC SERVICE BY ADDING THE RESIDENTIAL RENEWABLE ENERGY SERVICE RATE SCHEDULE (SCHEDULE RG); PROVIDING FOR A REPEALER; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: .qF. CTION I. That the Schedule of Rates for electrical services as provided for in Chapter 26 of the City of Denton Code of Ordinances, are supplemented to read as follows: ELECTRIC RATE SCHEDULE PAGE RG Residential Renewable Energy Service Rate 2 .qF.C. TION (2 That all ordinances or parts of ordinances in force when the provisions of this ordinance became effective which are inconsistent, or in conflict with the terms or provisions contained in this ordinance are hereby repealed to the extent of any such conflict. ~qF. CTIC}N 3 That if any section, subsection, paragraph, sentence, clause, phrase or word in this ordinance, or application thereof to any person or circumstances is held invalid by any court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this ordinance, and the City Council of the City of Denton, Texas, hereby declares it would have enacted such remaining portions despite any such invalidity. S~C~TION 4. That this ordinance and the rate herein adopted shall become effective, charged, and applied to the electric services rendered by Denton Municipal Electric and all energy usage pertaining to this rate, by customers of Denton Municipal Electric on and after October 1, 2004; and a copy of said rates shall be maintained on file in the office of the City Secretary. PASSED AND APPROVED this the d~/?~t'-day of ~Z)~ , 2004. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY By: ~~ ~~ 2 SCHEDULE RG RESIDENTIAL RENEWABLE ENERGY SERVICE RATE (Effective 10/01/04) APPT ,lC A TIONI Applicable to any customer for single-phase electric service used for residential purposes in an individual private dwelling or an individually-metered apartment, supplied at one point of delivery and measured through one meter. Not applicable to resale service in any event, nor to temporary, standby, or supplementary service. NI:~T MONTI-II ,¥ RATF, (1) Facility Charge WINTER Billing Months of November through April $7.73/per bill SUMMER Billing Months of May through October $7.73/per bill (2) (3) Energy Charge per billing period All KWh 4.34C/KWh First 3,000 KWh All Additional KWh Renewable Cost Adjustment Charge Variable, see below 5.61C/KWh 6.21 C/KWh Variable, see below MINIMI IM Fill J ,ING For each billing period, the Customer shall be obligated to pay the following charges as a minimum, whether or not any energy was actually used: Facility Charge ~,NI~.R fly ~RARGE Billing for the energy cb~ge shall be b~ed on ~ai KWh cons~ption daring ~e billing period. Energy Charge = KWh in rate block x rate per KWh in rate block RFNFJ~VARI,F. CORT ADIlT,qTM~NT ,(RCA) CI--IARGF, By choosing the RG rate schedule, Denton Municipal Electric (DME) customers will be supporting cleaner renewable energy sources in the ERCOT power grid. The availability of electricity generated by renewable resources will vary hour-to-hour. We will rely on system power from the gridto serve our customer's minute-by-minute consumption. By utilizing renewable energy credits or attributes from specific facilities, DME will ensure that electricity fi.om renewable resources, equal to your annual electricity usage, is delivered to meet your energy needs. The Renewable Cost Adjustment Charge shall be based on actual KWh consumption during the billing period: RCA Charge =KWh x Renewable Cost Adjustment The Renewable Cost Adjustment shall be computed during the last month of each fiscal year quarter (December, March, June and September) to be applied within the following quarter. The City shall in no case change the Renewable Cost Adjustment more than once in any three (3) month period. The Renewable Cost Adjustment shall be calculated using the following formula: Renewable Cost Adjustment = (Renewable energy credit and/or purchased energy cost shortfall or overage for current quarter + Projected renewable energy credit and/or purchased energy cost for next quarter)/Projected KWh sales for next quarter In the event that actual plus estimated cumulative costs of renewable energy credits and/or purchased energy are greater than or less than the actual and projected renewable energy revenues by $100,000 or more during the next quarter, the Director of Electric Utilities or his/her designate shall recalculate the Renewable Cost Adjustment and, with Public Utilities Board approval, may establish a Renewable Cost Adjustment that collects or remms such difference during the next three month period. Such change in the Renewable Cost Adjustment shall be applied during the next three-month period. TYPF. C~F ,q~',l~ VICF, The City will supply single-phase service at sixty (60) cycles and at any standard voltages available fi.om the City's distribution system through one standard transformation. Where service of the type desired by the Customer is not already available at the point of service, special contract arrangements between the City and the Customer may be required in advance. 4 The due date for the payment of the bill for utility services shall not be less than ten (10) business days after issuance. ,qP];,~IAI. FACTI JT]~,S All services requiring special facilities in order to meet customer's service requirements shall bc provided subject to the Special Facilities Rider. S:\Our Documents\Ordinances\04~2004 Electric-Residential Renewable Energy Service Rate Ordinance.doc