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HomeMy WebLinkAboutRES 900140 - Rate Design Econ DevRESOLUTION NO. 900140 A RESOLUTION REQUESTING THE PUO TO ADOPT_ THE COMPROMISE RATE DESIGN PROPOSAL DEVELOPED BY THE AWC AND SUBMITTED BY THE LCRA;TO FOSTER ECONOMIC DEVELOPMENT AMONG 'SMALL - AND :MEDIUM-SIZED BUSINESSES. WHEREAS, electric utility bills are a significant component of the cost of doing business for most industrial and commercial businesses in central Texas; and WHEREAS, most businesses in central Texas are small to medium size; and i4MEREAS, most businesses in the tnited States and Texas are small- to medium-size, with under 500 employees; and i7 EREAS, -85% of new jobs in the United States are produced by small- to medium-sized employers; and WHEREAS, the present rate structure of the Lower Colorado River Authority (LORA) unfairly discriminates against small- to medium-sized employers and favors the very large industrial customers, who produce relatively few jobs, compared to small- to medium-sized businesses; and WHEREAS, the demand Charges currently used in the LIRA wholesale rates are not used by any other utility in the State of Texas; and 67 EREAS, the high demand rates discourage economic development in the .LCRA service territory, and in Texas; and WHEREAS, the compronlse rate design proposal developed by the Association of Wholesale Customers (AWC , supported by the LORA and the vast majority of the wholesale customers, is an excellent compromise alternative that will foster economic development among the small- and-medium-sizedbusinesses; and WHEREAS, only 2 out of the 43 AWC members voted to appose the compromise rate design proposal, which is only 5% of the AWC membership( and WHEREAS, overwhelmingly, the wholesale electric customers of the LORA favor the rate design proposal developed by the AiiC1 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TEE CITY OF GEORGETOWN, TEXAS, THAT: Section 1. We urge the Public Utility Commission of Texas to recognize the many months of hard work and compromise that went into the rate design concept developed by the AWC and submitted py the LORA in this current rate case filing; and Section 2. That we further ask the PUC to adopt the compromise rate design proposal for the LCRA; a rate design that will keep central Texas "open for Business." PASSED, APPROVED AND ADOPTED this 13th day of Narch, 1990, Tim Kennedy Mayor ATTEST: Leslie C, Barone Deputy City Secretary