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HomeMy WebLinkAboutGOOD SAMARITAN VILLAGE - ANNEXATION & ZONING - 27-96 - CORRESPONDENCE - CITY STAFFEvangelistic Lutheran Good Samaritan 508 West County Road 34 (Trilby Road) Fort Collins, Colorado Savings on Billed Ft Collins GS50 X + Fort Collins Rate Billing Date Kwh Actual Kw Demand GS50 X + 25% SRF PVREA GS50 X + 25% Nov 1995 90600 270.6 270.6 $4,893.45 $6,116.81 $6,983.91 $867.10 Dec 1995 115200 287.4 287.4 $5,727.52 $7,159.40 $8,174.61 $1,015.21 Jan 1996 116400 313.20 313.2 $5,984.81 $7,481.01 $8,543.70 $1,062.69 Feb 1996 121200 348.00 348 $6,420.88 $8,026.09 $9,168.48 $1,142.39 Mar 1996 101400 303.60 303.6 $5,481.81 $6,852.26 $7,825.68 $973.42 Apr 1996 79200 229.20 243.6 $4,340.32 $5,425.40 $6,013.62 $588.22 May 1996 67800 208.80 243.6 $4,021.30 $5,026.62 $5,304.78 $278.16 Jun 1996 79200 200.40 243.6 $4,340.32 $5,425.40 $5,655.06 $229.66 July 1996 89400 257.40 257.4 $4,745.41 $5,931.76 $6,771.69 $839.93 Aug 1996 82800 .223.80 243.6 $4,441.06 $5,551.32 $6,090.03 $538.71 Sep 1996 78000 213.00 243.6 $4,306.74 $5,383.42 $5,764.05 $380.63 Oct 1996 68400 222.00 243.6 $4,038.09 $5,047.61 $5,493.06 $445.45 Total 1089600 3077.4 3241.8 $58,741.69 $73,427.11 $81,788.67 $8,361.56 10.22% Page 2 November 6, 1996 With the 1998 rate, your bill will be based on your electric service's contribution to the City's system maximum demand each month. We are gathering additional data to allow us to forecast the potential impact the coincident peak rate may have on your future electric bill, but that information is not available at this time. If you would like additional information on the cost of electric service after annexation, please call me at (970) 221-6700. Sincerely, % e Ellen Alward Finance and Administration Manager EA/st Enclosure cc: Mike Ludwig Planning Department Light & Power City of Fort Collins November 6, 1996 The Evangelical Lutheran Good Samaritan Society Attn: Bonnie Brown, V.P. for Operations P.O. Box 5038 Sioux Falls, SD 57117-5038 NOV 7 7 RM D Re: Electric Service to Fort Collins Good Samaritan Village Annexation, Fort Collins, CO Dear Ms. Brown: The City of Fort Collins Light and Power Utility has received a copy of the proposed Fort Collins Good Samaritan Annexation from the Planning Department. Electric Service to the proposed annexation is currently provided by Poudre Valley Rural Electric Association (PVREA). Following annexation, the City of Fort Collins will assume responsibility for providing electric service to the area. In most cases, the transfer of service territory will take place within one year of annexation. To compensate PVREA for the loss of this territory, Colorado state law requires a payment of service rights fees to PVREA. The fee is equal to 25% of the City's revenue for electric service to all customers within the annexation at the time the service territory is transferred to City Light and Power. A 5% service rights fee is applicable to new customers added within the annexation after the transfer of the service territory. Service rights fees terminate ten years after the electric customers and facilities are transferred to the City. It's important you know that service rights fees will apply to this annexation because they are collected from annexed customers through the City's electric rates. However, the City's electric charges are among the lowest in the state. The City's rates will thus help to mitigate the impact of the service rights fee. Applying the City of Fort Collins rate that will be in effect beginning March 1, 1997, to the last 12 months of data available for this account, the City rate (including the 25% service rights fee) would be about 10% less than the current PVREA rate. A copy of the rate comparison is attached. The City plans to implement a new coincident peak electric rate structure in 1998. 700 Wood Street • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6700 • FAX (970) 221-6619 • TDD (970) 224-6003 e-mail: light-power@ci.fort-collins.co.us