HomeMy WebLinkAbout2009-091-09/15/2009-DIRECTING THE CITY MANAGER TO SUBMIT A REQUEST LETTER TO PLATTE RIVER POWER AUTHORITY MODIFYING THE RESOLUTION 2009-091
OF THE COUNCIL OF THE CITY OF FORT COLLINS
DIRECTING THE CITY MANAGER TO SUBMIT A REQUEST LETTER
TO PLATTE RIVER POWER AUTHORITY MODIFYING THE COMPOSIT N OF
RENEWABLE ENERGY RESOURCES ACQUIRED FOR DELIVERY TO HE CITY
WHEREAS,the City is one of four member municipalities that have e ered into an organic
contract establishing Platte River Power Authority ("Platte River"); and
WHEREAS,pursuant to Platte River's Renewable Energy Supp Policy dated July 27,2007,
the City must submit a "request letter" to Platte River stating its �mmitment to purchase fixed _
amounts of renewable energy for a specific term; and
WHEREAS, on September 27, 2007, the City subrrfitted to Platte River a request letter
requesting that Platte River acquire renewable energy f delivery to Fort Collins under Platte
River's tariff schedule 7 in quantities of 96,000 mega tt hours ("MWh") per year beginning the
year 2010 through the year 2027; and
WHEREAS, Platte River's current foreq sted blend of renewable energy resources for the
2010 through 2011 time period is approxirpiately 58% renewable energy certificates and 42%
delivered renewable energy,consistent with,the forecasted blend for each of the Platte River member
municipalities; and /
WHEREAS,the City Counci ,has expressed a strong interest eliminating renewable energy
credits from the renewable energ purchases that Platte River acquires for delivery to Fort Collins;
and
WHEREAS, Platte,,River has recently identified an opportunity to purchase wind energy in
an amount roughly equivalent to 30,700 MWh of energy per year; and
/esources
EREAS in the request letter to be submitted to Platte River by the City Manager, the
both r uest that Platte River purchase the wind energy in an amount roughly equivalent
MW of energy per year and attempt to sell the equivalent of 30,700 MWh of renewable
dit previously acquired on behalf of the City; and
EREAS, if that change is implemented, Platte River's forecasted blend of renewable
ources for the City for the 2010 and 2011 time period will be approximately 21%
energy certificates and 79% delivered renewable energy; and
EREAS,the CityManager's 2010 recommended budget calls foran increase to the City's
e by 9.5%; and
DEFEATED 7-0
9/15/09
WHEREAS,the contemplated change in composition of renewable energy/electric
st
the City an additional $1.1 million per year and this would require Utility customoincrease 1.3% above the 9.5%proposed-in the City's Manager's recommended ina total increase of 10.8%; and
WHEREAS,the contemplated change in composition of renewable energld
also result in an increase to the renewable energy premium charge from the pr posed 2010 rate of
$0.019 to $0.031 per kilowatt hour.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCI F THE CITY OF FORT
COLLINS,that the City Manager is hereby directed to submit a reque letter to Platte River Power
Authority modifying the composition of renewable energy resource cquired for delivery to the City
consistent with the terms described above.
Passed and adopted at a regular meeting of the Couneil of the City of Fort Collins this 15th
day of September A.D. 2009.
Mayor
ATTEST:
City Clerk
DEFEATED 7-0
9/15/09