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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 02/03/2015 - RESOLUTION 2015-022 APPOINTING AN AD HOC CITY COUNAgenda Item 16 Item # 16 Page 1 AGENDA ITEM SUMMARY February 3, 2015 City Council STAFF Lance Smith, Strategic Financial Planning Manager SUBJECT Resolution 2015-022 Appointing an Ad Hoc City Council Committee to Study Alternatives for Time-of-Use Electric Rates and Related Programs. EXECUTIVE SUMMARY The purpose of this item is to establish an ad hoc City Council committee to study and make recommendations to the Council by the end of March 2015. This will allow Electric Utility staff to share advantages and disadvantages of different approaches and programs and gain input needed in order to prepare proposed Code changes for Council consideration in the coming months. Discussions will be around implementing a time-of-use pilot study, how to set a monthly fixed charge as part of a time-of-use rate, and potential low- income rate structures. STAFF RECOMMENDATION Staff recommends adoption of the Resolution. BACKGROUND / DISCUSSION City staff discussed time-of-use rates with Council at the work session on May 13, 2014, and again at the work session on January 27, 2015. Council has expressed an interest in considering time-of-use rates for residential customers. In order to facilitate further detailed study of the alternatives for time-of-use rates, Council desires to form and appoint an ad hoc City Council committee to study and make recommendations to the Council by the end of March 2015. This will allow Electric Utility staff to share advantages and disadvantages of different approaches and program options available to the City, and gain input needed in order for staff to prepare proposed Code changes for Council consideration in the coming months. Discussions will be around how to structure and implement a time-of-use pilot study, how to set a monthly fixed charge as part of a time-of-use rate, and potential low-income rate structures. - 1 - RESOLUTION 2015-022 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPOINTING AN AD HOC CITY COUNCIL COMMITTEE TO STUDY ALTERNATIVES FOR TIME-OF-USE ELECTRIC RATES AND RELATED PROGRAMS WHEREAS, Council has expressed an interest in considering time-of-use rates for possible use in the City’s electric system; and WHEREAS, Council discussed time-of-use rates at its May 13, 2014, work session, and since that time staff has developed information necessary to evaluate possible alternatives and programs related to such rates; and WHEREAS, Council again discussed time-of-use rates at its January 27, 2015, work session, and further development of the options that are available to the City, including analysis for the advantages and disadvantages of different approaches and programs, is needed in order for staff to prepare proposed Code changes for Council consideration in the coming months; and WHEREAS, included among the key questions under consideration are whether and how to structure and implement a time-of-use pilot study, how to set a monthly fixed charge as part of a time-of-use rate, and how to structure a time-of-use rate for low-income customers; and WHEREAS, in order to facilitate further detailed study of the alternatives for time of use rates and programs for electric service, Council desires to form and appoint an ad hoc City Council committee to study and make recommendations to the Council by the end of March 2015. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Council hereby appoints Councilmembers ________________ and _________________ to an ad hoc committee to review the structure and objectives of a pilot study and alternatives for time-of-use electric rates and related programs, and to make a recommendation to the City Council before the end of March 2015. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 3rd day of February, A.D. 2015. _________________________________ Mayor ATTEST: _____________________________ City Clerk