HomeMy WebLinkAbout053 - 05/01/2018 - AMENDING CHAPTER 26 OF THE CITY CODE TO CHANGE THE NAME OF TIME-OF-USE ELECTRIC RATES TO TIME-OF-DAY r
ORDINANCE NO. 053, 2018
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING CHAPTER 26 OF THE CODE OF THE CITY OF
FORT COLLINS TO CHANGE THE NAME OF TIME-OF-USE
ELECTRIC RATES TO TIME-OF-DAY ELECTRIC RATES
WHEREAS, in 2015,Electric Utility staff identified that deployment of advanced metering
infrastructure in the City had created the potential for more refined application of electric rates and
practices, including studying whether a rate structure based on the time of day when use occurred,
referred to at the time as "time-of-use" (TOU), as opposed to the seasonal tiered rates, could
encourage more efficient consumption across the system; and
WHEREAS, on July 21, 2015, City Council adopted Ordinance No. 078, 2015, approving
amendments to Chapter 26 of the City Code and authorizing a residential pilot TOU rate study to
run from October 1, 2015 through September 30, 2016; and
WHEREAS, at the conclusion of the pilot study, staff reported to City Council data on two
TOU rate sub-schedules, analyzed based on four objectives: promotion of energy conservation,
efficient reduction in daily customer demand, customer preference, and revenue sustainability
compared to operating expenses; and
WHEREAS, based on the results of the study, Utility Services staff proposed a transition
from tiered-based electric rates to a TOU-based rate structure, for meter readings on or after
October 1, 2018; and
WHEREAS, on November 21, 2017, City Council adopted Ordinance No. 155, 2017,
approving amendments to Chapter 26 of the City Code and transitioning the electric service rates
to a TOU-based structure for meter readings on or after October 1, 2018; and
WHEREAS,Utility Service staff has determined changing the name of the electric service
rate structure approved in Ordinance No. 155, 2017 from "time-of-use" to "time-of-day" more
clearly communicates to customers how rates will be applied throughout a service day; and
WHEREAS, staff recommends amending Chapter 26 of the City Code to change the name
of the electric service rates that will go into effect for residential customers for meter readings on
or after October 1, 2018 from "time-of-use (TOU)"to "time-of-day (TOD)" as set forth herein.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That Section 26-464(c)(2) of the Code of the City of Fort Collins is hereby
amended to read as follows:
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Sec. 26-464. Residential energy service, schedule R.
(c) Monthly rate.
(2) Time of day. The monthly rates for this schedule shall be the sum of the
following charges, applied to all meter readings on or after October 1, 2018:
Section 3. That Section 26-465(c)(2) of the Code of the City of Fort Collins is hereby
amended to read as follows:
Sec. 26-465. Residential demand service, schedule RD.
(c) Monthly rate. _
(2) Time of day. The monthly rates for this schedule shall be the sum of the
following charges, applied to all meter readings on or after October 1, 2018:
Introduced,'considered favorably on first reading, and ordered published this 17th day of
April, A.D. 2018, and to be presented for final passage on the 1 st da of May, A.D. 2018.
Mayor
ATTEST:
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City Cl c
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Passed and adopted on final reading on the 1 st day of May, A.D. 2018.
Mayor
ATTEST:
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