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HomeMy WebLinkAboutAgenda Packet - September 24, 2007 G i ._ , _ _ _ rf AZUSA rut • arr► AGENDA ITEM TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD AND AZUSA CITY COUNCIL FROM: JOSEPH F. HSU, DIRECTOR OF UTILITIES DATE: SEPTEMBER 24, 2007 SUBJECT: ELECTRIC RATE ADJUSTMENT COMMENCING OCTOBER 1, 2007 RECOMMENDATION It is recommended that the Utility Board/City Council adopt the attached resolution approving a 5% electric rate adjustment effective October 1, 2007. BACKGROUND In May 2006 staff provided electric utility financial projections for the next five years. It was identified that the electric utility will require revenue enhancement of 5% commencing FY 07- 08 to fund ongoing electric utility operations. Staff updated the financial projections recently and the same conclusion still holds. The findings of the need to adjust electric retail rates were previously presented to Utility Board/City Council at the July 23th Utility Board meeting. The increased revenue requirement is primarily driven by: (a) increased cost of complying with California Independent System Operator's (CAISO) resource adequacy requirements; (b) increased cost of complying with California's mandate for renewable energy; distributed solar power; and energy efficiency programs; and (c) increased cost of transmission and generation of electricity. In view of the need to adjust rates to ensure revenue adequacy in the coming years, staff conducted a comprehensive review of the allocation of cost of providing electric services to the various customer classes. This review differs from the rate adjustments made in the past in that the review starts with a bottom-up review of cost causation factors of the electric utility cost of services to the various customer classes and attempts to allocate costs based on cost causation principles. The rate adjustments done in the past applied an across-the-board rate increase without regard to cost causation principles, i.e. the presumption is each customer class contributes equally to cost incurrence. Staff's bottom-up review shows that cost incurrence attributable to each customer class a g a, the resulting cost obligation by each customer class is not uniform across customer cls s./( 0 .1d(6 As detailed in attached staff's report and the presentation, the resulting rate adjustments by y customer class to yield a 5% overall revenue increase are as follow: Residential customer class 4.6% increase Small commercial G 1 class 5.0% increase Medium commercial G2 class 5.5% increase Municipal class 7.0% increase Large TOLL class 6.0% increase It should be noted that the contributions to cost of service by each customer class are very likely to change over time as the customer usage patterns and the relative usages among customer classes change. Thus, staff will periodically review the cost of service studies to ensure that appropriate and accurate cost of service allocation among customer classes is used. FISCAL IMPACT The proposed rate adjustments effective October 1, 2007, are expected to add about $1,000,000 in FY 07/08 and $1,500,000 annually thereafter to the electric utility's revenues to fund ongoing electric utility operations. Prepared by: Bob Tang, Assistant Director of Resource Management Li Ei!li . ElecRateAdjust.ppt Retail Rate Cost Electric Rate Allocation Stud ies.doc Resolution.doc 058 Electric Utility Rate Adjustment 9/24/07 Outline • Updated five-year financial projections • Cost allocation studies • Rate adjustment • Rate impacts to various retail customer classes � 2 Updated Five-Year Financial Projections Minor updates to the previous financial projection presented to the Board on May 22, 2006. The minor updates are (a) use the estimated actual costs and revenues for FY 06-07; and (b) higher depreciation Retail Rates Bond Interest Depreciation 2% 4% GF Transfer 10% Customer Service r Purchased Power 5% u 59% Distribution 16% .' Transmission 4% CD 0) 3 Updated Five-Year Financial Projections Basic conclusion still holds: ADDITIONAL 5% REVENUES OR ABOUT $1 ,500,000 PER YEAR IS REQUIRED BY NO LATER THAN JANUARY 1 , 2008 TO PROVIDE SUFFICIENT FINANCIAL RESOURCES TO FUND ONGOING ELECTRIC UTILITY OPERATIONS AND COMPLY WITH VARIOUS REGULATIONS 0 N 4 Updated Five-Year Financial Projections , , FINANCIAL PROJECTIONS(ELECTRIC)-BASE CASE ' FY 06-07 FY07-08 = FY 08-09 ` FY 09-10 FY 10-11 I REVENUEPSOURCE OF FUNDS I PROJECTED RETAIL REVENUE ' $28,600,000; $27,441,700 $27,716,117' $27,993,278 l $28,273,211 ; PROJECTED WHOLESALE REVENUE $15 000,000} $12500 pool1 $15,000 poo $15 000 poo!$15 poo.000l PROJECTED FCA REVENUE $272 000 $1 500 000E $1 500000 $1,250,000 I $750,0001 SCPPA RESERVE FUNDS $0 1 $2,000,000 I I I TOTAL REVENUES ? $43,872,0001 $43,441,700 i $44,216,117€ $44,243,278 $44,023,211 COST COMPONENT I POWER RESOURCE E $30554 000 i $33,290,0004_$30,141 000 $31 350,000 $30,498,000' TRANSMISSION L $2 880,000 $3,352,000 $3,400,000 $3,340,0001 $3,355,000 DISTRIBUTION ;BondPayment(Interest lent CUSTOMER SE RVICE $6 000 000, $5 947 000, $6137 000 $6 335 000I $6540,000 Only) $542,000 E $542,000 I $542,0001 $542,0001 $542 000! 'GENERAL FUND TRANSFER 8 IN-LIEU-TAX $2,860,0001 $2,744,170; $2,771,612 $2 799 328 $2,8273211 DEPRECIATION(NON CASH ITEM) $1 000 000; $1 000 000 $1,000 000 $1 000 pool € $1 000 000 i 'TOTAL COSTS ; $44,136,000; $46,875,170 $43,991,612; $45,366,3281 $44,762,321 E OPERATING INCOME ($264,000) ($3,433,470) $224505 ($1,123,050) ($739,110)', ? l BEGINNIIIG CASH BALANCE $24,000,000 i$23,345,400 l$19521,330 i$19,355,235 i$17541 586 Y 1 ; f 'I OPERATING INCOME ($264 000) ($3 433,470)E $224 505 ($1 123 050)4 ($739,110)' 'ADJUSTMENTS $1,000,000 $1,000,000 I $1,000,000 $1,000 000 i $1,000,000 CAPITAL390500)l (PRINCIPAL)BOND PAYMENT $ OUTLAYS AND RELATED ITEMS ($1000000) ($1390500), $000 000) ($1390500)1 $000 000)> ($1390500) $000 000)1 ($1390500)1 $000 000)1 i YEAR END CASH AND INVESTMENTS $23,345,400 $19,521,330 $19,355,235 $17,841,586 $16,711,876 (z) 5 C) W Updated Five-Year Financial Projections FINANCIAL PROJECTIONS(ELECTRIC)-SCENARIO 1 -5%RATE INCREASE III FY 07-08 COMMENCING Jan 1,20081 • j FY 06-07 FY07-08 FY 08-09 FY 09-10 1 FY 10-11 REVENUE 1 PROJECTED RETAIL REVENUE $28500,000 $28,127,743 $29,101,923 $29,392,942$29,392,94ir$29,686,871 I. PROJECTED WHOLESALE REVENUE $15,000 pm $12500,000 $15 poo poo $_15,000,000 $15 000,000j PROJECTED FCA REVENUE $272,000 $1500,000 $1,500,000 $1 250 000 1 $750,000 1 SCPPA RESERVE FUNDS $0 $2,000,000 $0 $0 $0 0 TOTAL REVENUES $43,872,000 $44,127,743 $45,601,923• $45,642,942 $45,436,871 COST COMPONENT 1 ! POWER RESOURCE $30,854,000 $33,290 000 $30,141 000 $31,350 000 $30 498,000 TRANSMISSION $2,880,000 $3,352,000 $3,400,0007 $3,340,000 $3,355,000] DISTRIBUTION&CUSTOMER SERVICE $6,000,000 $5,947,000 $6,137,000 $6,335 poo I $6 540 poo Bond Payment(Interest Only) $542,000 $542,000 $542,000 $542,0001 $542,000 GENERAL FUND TRANSFER&IN-LIEU-TAX $2,860,000 $2,744,170 $2,771,612 $2,799,328 $2,827,321 •TOTAL COSTS $44,136,000 $1 00,000 $1,000,0001 $1,000,000 $1,000 000 �... $1,000,000 1 , .._.. DEPRECIATION(NON CASH ITEM) $1 000 0 $46,875,170� $43,991 612; $45,366,328 $44,762,3211 OPERATING INCOME ($264,000) ($2,747,428) $1,610,311 $276,614 $674,550 1 BEGINNING CASH BALANCE $24,000,000 $23,345,400 '$20,207,373 '$21,427,084 1$21,313,098 OPERATING INCOME .__._ •• ($264,000) ($2,747,428) $1,610,311 $276,614 $674,550 ADJUSTMENTS $1 000,000 $1,000 000 $1 000,000 ` $1,000 000 $1 000,000 BOND PAYMENT(PRINCIPAL) ($390,600) ($390500) ,,. ($390,600)., ($390,600) ($390,600)' CAPITAL OUTLAYS AND RELATED ITEMS ($1,000,000) ($1.000,000) ($1,000,000)1 ($1,000,000) ($1,000,000) f ,YEAR END CASH AND INVESTMENTS $23,345,400 $20,207,373 $21,427,084 $21,31.3,098 $21,597,048 Q C) az. 6 Cost Allocation Studies • Allocate each cost component based on causation principles to various customer classes • There are seven cost components: - Purchased power - Transmission - Distribution - Customer Service - GF Transfer - Depreciation - Interest Payment on Bonds 0 Measurement of Cost Causation • Capacity Based — One measurement of cost causation is based on the usage of electricity at the time of system peak usage, commonly known as coincidental peak usage — The rationale of this measurement is that infrastructures must be built to serve peak usage EVEN IF they are not fully utilized at all times. Thus, each customer class should be assigned cost obligation based on their contribution to the system peak usage • Usage Based — Another measurement of cost causation is based on the volume of electricity used Depending on the nature of the cost component, either of these two measurements will be used to assign cost responsibility 0 a) 8 Measurement of Costi Causat on (con 'd) • Purchased Power is 86% capacity based and 16% usage based • Transmission is 100% usage based • Distribution is 100% capacity based • Customer Service is chosen to be 50% capacity based and 50% usage based 50% • GF Transfer is 100% usage based • Depreciation is 100% capacity based • Interest payment on bonds is 100% capacity based 0 C) -4 9 Cost Allocation Based on Cost Causation The cost responsibilities of each customer class based on capacity and usage based contribution factors are summarized below: Cost Of Service Allocation Residential 28.27% G1 8.68% G2 24.26% Municipal 5.58% TOU 33.22% 00 10 Rate Adjustments The magnitudes of rate adjustment for a 5% revenue increase based on cost of service principles are: Residential 4.6% increase G1 5% increase G2 5.5% increase Municipal 7% increase TOU 6% increase co 11 Rate Impacts to Various Retail Customer Classes • PERCENT EXISTING PROPOSED SAVINGS SCE AZUSA AZUSA VS SCE 2,000 kWh $469.18 $258.25 $270.13 73.69% 1,000 kWh $157.53 $127.93 $133.81 17.72% 700 kWh $96.29 $88.83 $92.92 3.63% RESIDENTIAL 500 kWh $60.72 $62.77 $65.66 -7.52% 400 kWh $48.10 $49.74 $52.03 -7.55% 300 kWh $36.29 $36.70 $38.39 -5.47% 200 kWh $24.49 $23.67 $24.76 -1.09% 5,000 kWh $867.86 $642.53 $674.66 28.64% G1 2,000 kWh $354.83 $268.85 $282.29 25.70% CUSTOMERS 1,000 kWh $183.82 $144.28 $151.49 21.34% 500 kWh $98.32 $82.00 $86.10 14.19% 5,000 kWh $867.86 $501.07 $536.14 61.87% MUNICIPAL 2,000 kWh $354.83 $204.07 $218.35 62.50% CUSTOMERS 1,00.0 kWh $183.82 $105.07 $112.42 63.50% 500 kWh $98.32 $55.57 $59.46. 65.36% G2 50,000 kWh 150 kW 9,190.86 5,344.10 5,638.03 63.02% CUSTOMERS SUMMER 10,000 kWh 40 kW 2,173.61 1236.78 1,304.80 66.59% G2 CUSTOMERS 50,000 kWh 150 kW $5,331.36 $5,344.10 $5,638.03 - -5.44% WINTER 10,000 kWh 40 kW $1220.87 $1,236.78 $1,304.80 -6.43% TOU CUSTOMERS 250,000 kWh 350 kW $34,474.08 $24,816.96 $26,305.98 31.05% SUMMER 100,000 kWh 300 kW $18,322.02 $11,782.21 $12,489.14 46.70% TOU CUSTOMERS 250,000 kWh 350 kW $22,873.83 $21,043.79 . $22,306.42 . 2.54% WINTER 100,000 kWh 300 kW $10,576.99 $9,582.29 $10,157.23 i 4.13% 0 12 RETAIL RATE STUDIES COST ALLOCATION ANALYSIS AZUSA LIGHT AND WATER PREPARED BY POWER RESOURCE DIVISION JULY 23, 2007 071 • RETAIL RATE STUDIES COST ALLOCATION ANALYSIS EXECUTIVE SUMMARY Based on the cost of service studies, staff concludes the following: • Based on cost of service principles, the following rate increases will be required to produce an overall revenue enhancement of 5%in electric retail revenues: Residential customers 4.6%rate increase GI customers 5%rate increase G2 customers 5.5%rate increase Municipal customers 7% rate increase TOU customers 6% rate increase 072 Background: The Azusa electric utility is in the midst of conducting a cost of service study for retail electric services. The steps that staff will undertake for this study are as follow: • Conduct an in-depth analysis of the cost of service parameters by analyzing the usage patterns of each customer class (coincident peaks and MWh consumption) • Allocate the revenue requirement based on cost of service principles • Conduct the retail rate designs The following will describe each of the steps in more detail. Step 1—In-Depth Analysis of the Cost of Service Parameters by Analysis the Usage Patterns of Each Customer Class Staff used the test year FY 05-06 (July 05 through June 06) as the basis for data analysis. The following process was used to analyze the customer consumption data: 1. The actual hourly consumption data of TOU customers available from the MV-90 system was compiled 2. The fitted hourly consumption data for residential, G1, G2, and Municipal customers was compiled by using the aggregated monthly consumption data of each of these customer classes and Edison's hourly load profile for each of these customer classes 3. Stress tests were conducted in the hourly data files for check for any errors and inconsistencies 4. The output of this process is the coincident peak load information for each month during the test year and the aggregated MWh consumption information by each customer class for the test year • 073 The following tables summarize the results of this process: Table 1: Coincident Peak Load by Customer Class: SIMULAYED COINCIDENTAL PEAKS FY 05 06 DATE HE MWH System(95%of Actual Peak) Residential :1G1 G2 Other TOU 721/2005 14 58.21, 5530 18.21; 5.16 13.00 3.61 15.32: 8292005 16 58.74: 55 80' 19 72': 505. 1303 350 14.51 9/29/2005 16 5569 52.90' 16.33, 4.72 11.75 310 17.01 1016/2W5 16 48.62; 46.191 11.70' 4.51 11.68 2.95 15.36' 11/12005 14 41.671 39.58 7631 3.56 10.78 225 1536 12/132005 19 36.70' 34.861 1239`'` 266: 7.40' 1.61. 10.79€ 1242006 14 35.24 33.48 6.01 2.85 9.15 1.68 13.79 2)92006 15 37.62! 35.73 645': 319 9.68 1.96 14.45'. 3242006 14 36.34! 34.521 5.99 3.031 9.16 1.89 14.451 4/132006 15 36.39 34.57 6.41 3.21 9.53 1.92 13.50' 5/31/211€ 16 45.80' 43.51 11.63 4 C6 10.63 2.53 14.64 6282006 15 59.86' 56.87 19.52 5.48 14.14 3.40: 1432 ;DATE HE MWH _System(95%of Actual Peak)'Residential G1 G2 Other TOU • 721/2005 14 58.21 55.30 32.93% 9.33% 23 51% 6.53% 27.70%I 100.00% 829/2005 16 58.74': 55801 35.33% 9.05%; 23.36% 627% 25.99%I 100.00%' 9292005 16 55.69! 52.90` 3087%! 8.93% 22.20%. 585%- 32.15% 100.013%I 10162005 16 48.62. 46.19. 25.33% 9.76% 25.28% 6.38% 33.25% 100.00%' 11/12005 14 41.67 39.58 19.29% 9.00% 27.23%: 5.68%. 38.80%i 100.00% 12/132005 19 36.70: 3486: 3555% 7,64% 21.22% 463% 30.96% 100.85%: 1242006 14 3524 3348 17.94% 8.51% 27.34% 5.03% 41.18%: 100.00% 2/92006 15 37.621 35 73' 18 06% 8.92%; 27.10% 5.49% 40.44%! 100.00% 3242006 14 36.34, 34.52 17 35%I 8.76%i 26.55% 5.47% 41.86% 185.85%` 4/132006 15 36.39 34.57! 18.53%; 9.28% 27.57% 557% 39.05% 100.00%I 5/312006 16 45.80: 43.51' 26.73%' 9.37%: 24.44% 5.81%i 33.66% 100.00%' 628/2006 15 59.86 56.87 34.33% 9.64% 24.86% 5.98% 25.19% 100.00%i Winter average 2235% 8.90%' 25.84% 5 51%, 3740%! 100.00% Summer average 33.36%' 9.24% 23.48% 6.16% 27.76% 100.00%' Annual average 26.02% 9.02% 25.05% 5.72%, 34.19% 100.00%I Table 2:Aggregated MWh Consumption By Customer Class: Rate Study(Simulated MWh Usages) Winter(Otto-May) DOM-SIM GS-1 ' GS-2 OTHER TOU Total , 44,694 11,797 35,616 7,293 55,017 154,417 Mid 18,254 5,892 17,915 3,644 26,757 72,462 Off 26,440 5,905 17,701 i 3249 28260 81,955 Summer(Jun-Sept) DOM-SIM GS-1 , GS-2 OTHER TOU Total 30,793 7,440 22,172 4,966 30,879 96,250 On 7,066 1,999 5,397 .__` 1,333 7,081 22,877 Mid 9,658 2,498 7,570 1,666 ; 10,419 31,812 Off 14,069 2,943 , 9204 1,966 13,378 41561 DOM-SIM GS-1 GS-2 OTHER TOU TOTAL Jul-05 8,321 1 901 5,641 1,331 7 698 24,892 Aug-05 8,409 1,980 5228 1,371 8,188 25776 Sep-05 _ 6,648 1,641 4234 1,076 7,696 21296 Oct-05 5,974 1596 4220 1,044 7509 20,942 Nov-05 5,527 1,445 4,324 913 7,026 19,235 Dec-05 5,947 1521 4,561 921 6,471 19,420 ' Jan-06 5,796 1,487 4,430 879 6740 19,332 Feb-06 _ 5,138 1250 3,998831 6,405 17722 Mar-06 5,568 1,509 4,574 ' 942 6,987 19,580 Apr-06 4,959 1282 4297 829 6,463 17,932 May-06 5,785 1,5074,613 934 7,416 20254 Jun-06 7,415 1,917 _ 5269 1,188 7297 23,687 250,667 074 Step 2—Allocate Revenue Requirements Based on Cost of Service Principles There are seven cost"buckets" to be recovered and the proposed cost allocation methodology is described below. The seven cost"buckets" are: 1. Purchased power 2. Transmission 3. Distribution 4. Customer Service S. General Fund Contribution 6. Depreciation 7. Interest payment on bonds The allocation methodologies for each one of the cost buckets are described below: 1. Purchased Power Historically, the purchased power cost is about 84% fixed (or capacity related) and 16% variable (or energy related). Thus the allocation methodology is as follows: Capacity related cost (84%of the purchased power cost) is allocated to each customer class based on 12 Coincident Peak (CP) methodologies. Further, the capacity related costs are shaped on a monthly basis to reflect the differing values of capacity throughout the year (summer capacity is of much higher value than winter capacity) Energy related cost (16% of the purchased power cost)is allocated to each customer class based on the aggregated annual MWh consumption by each customer class. 2. Transmission Transmission cost in the CAISO markets is based on MWh consumption. Thus, transmission cost is allocated to each customer class based on the aggregated annual MWh consumption by each customer class. 3. Distribution Distribution related cost is allocated to each customer class based on 12 Coincident Peak (CP) methodology as distribution infrastructure costs in general relate to peak consumption. 4. Customer Service Customer service related cost is allocated 50%based on 12 Coincidental Peak and 50% to aggregated MWh consumption. Further refinement is possible to allocate the customer 075 • service cost based on customer class counts. As an initial pass of the allocation, staff is using 50/50 allocation between 12 CP and aggregated MWh consumption 5. General Fund Contribution As the GF contribution is based on MWh consumed, thus allocation based on aggregated consumption by each customer class is appropriate 6. Depreciation As depreciation is infrastructure related, thus allocation based on 12-CP seems appropriate 7. Interest Payment on Bonds As interest payment is related to debt on infrastructure, thus allocation based on 12-CP seems appropriate Step 3- The Application of the Above Principles and Data to FY 06-07 Financials The allocation principles in Step 2 were applied to the FY 06-07 estimated actual financials using the data gathered in Step 1 to gauge the revenue allocation among customer classes. The following summarize the findings. FY 07-08 Estimated Actuals Purchased Power $17,345,280 Transmission $1 377,720;` Distribution $4,500,000 Customer Services $1500.000, GF Transfer $2,860,000: Depreciation $1,000,000. Debt Services (interest) $500,000 Total $29,083,000 076 1. Purchased Power Allocation MMEISMENIN Category 1 84%Fixed based on 12 Coincident Peaks with monthly shaping to reflect the value of capacity Total to be recovered= $14,570,035 Allocation Methodology Monthly Monthly Fixed Shaping Factor Recovery Residential GI G2 Other TOU Jan, 6.70% $976,192 17.94% 8.51% 27.34% 5.03% 41.18% Feb5.00% $728,502 18.06% 8.92% 27.10% 5.49% 40.44% Mar 5.00% $728,502 17.35% 8.76% 26.55% 5 47% 41.86% Apr 5.80% $845,062 18.53% 9.28% 27.57% 5.57% 39.05% May 6.30% 5917,912 26.73% 937% 24.44% 581% 33.66% Jun 8.30% 51,209,313 34.33% 9.64% 24.86% 5.98% 25.19% Juli 1580% $2,302066 32.93% 9.33% 23.51% 6.53% 27.70% Aug 17.50% 522,549,756 35.33% 9.05% 23.36% 6.27% 25.99% Sep; 11.70% $1,704,694 30.87%. 8.93% 2220% 5.85% 32.15% Oct 5.80% $845%2. 25.33% 9.76% 25.28% 6.38% 33.25% Nov'. 6.30% $917,912 1929% 9.00% 27.23% 5.68% 38.60% Dec 580% $845,062 35.55% 7.64% 2122% 4.63% 30.96% Monthly Monthly Fixed Shaping Factor Recovery Residential 01 G2 Other TOU Jan 6.70% 5976,192 $175,122 $83,059 $266,905 $49,072 $402,035 Feb; 5.00% 5728,502 $131,567 564,967 $197,395 539,987 5294,586 Mar 510% 5728,502 5126,425 563,850 5193,401. $39,876 5304,949 Apr, 5.80% $845,062 $156,632 $78,416 5232,952 $47,052 1333,010 May. 6.30% $917,912 5245,372 585,984 $224,304 $53,303 .53178,950 Jun 8.30% 51,209,313 . 5415,166 5116,563 5300,663 $72,271 $304,609 Jul, 15.80% $2,302,066 5758,050 $214,766 $541,313 $150,319 1637,596_ Aug'; 17.50% $2,549,756 $900,814 $230,852 $595,532 $159,902 $662,757 Sep 11.70% $1,704,694 5526,201 $152,176 $378,467 $99,781 $548,068 Oct, 5.80% $845,062 1214026 $82,474 $213,664 $53921 $280,978 Nov 6.30% $917,912 $177,034 582,597 $249,938 552,176 $3 6,167 Dec 5.80% 5845,062 $300,409 $64,591 $179,293 , $39,106 $261,563 Total 514,570,035 $4,126,817 $1,320,336 $3,573,845 5856,667 54,692.368 28.32% 9.06% 24.53% 5.88% 32.21% Category 2 16%Variable based on MWh sales Total to be recovered= $2,775,245 Residential 01 G2 Other TOU MWh Sales 75,487 19,237 57,789 12,259 05,896 %MWh Sales 30.11% 7 67% 23.05% 4 B9% 3427% Revenue Allocation 5835,744.62 $212,983.32 $639,804 57 $135,720.49 5950,991.80 2. Transmission Total to be recovered= $1,377,720 Residential GI G2 Other TOU MWh Sales 75,487 19,237 57,789 12,259 85096 %MWh Sales 30.11% 7.67% 23.05% 4.89% 34.27% Revenue Allocation 5414,890.28 $105,731.71 $317,619.39 $67,375.98 5472,102.65 077 • 3. Distribution Total to be recovered= .54,500,000' _ _... . .. .. . Monthly Fixed Recovery _' Residential G1 G2 Other TOU Jan. $375,000 17.94% . 8.51% 27.34% 5.03% 41.18% 100.00% Feb 5375,000 18.06% 8.92% 27.10% 5.49% 40.44% 100.00% Mar 5375000 - 17.35% i 876% 26.55% 547% 4186% 1000% Apr 5375000 18.53% ! 9.28% 2757% 5.57% 39.05% 100.0% May 5375,000 26.73% 937% 24.44% 5.81% 33.65% 100.00% Jun 5375,000 34.33% 9.64% 24.86% 5.98% 25.19% 100.00% Jul_ 5375,000 ,, 32.93% 933% 23.51% 653% 27.70% 10000% Auj, $375,000 35.33% 905% 23.36% 6.27% 25.99% 10000% Sep 5375,000 3187% j 8.93% 22.20% . 5.85% 32.15% 10000% Oct 5375,000 25.33% 9.76% 25.28% 6.38% 33.25% 100.00% Noe. 5375,000 19.29% 900% 27.23% 5.68% 38.80% 1131.10% Dec 5375000 35.55% 754% 21.22% 4.63% i 30.96% ... 100.00% Monthly Fixed Recovery ! Residential G1 G2 .. Other TOU Jan $375,000 567272 '_. $31,907 5102,530 518,851 $154,440 $375000 Feb' 5375000 $67,725 $33,442 - $101,610 520584 9151,639 $375000 Mar 5375 goo . 565,078 532567 599,554 520,527 5156,974 $375,000 Apr 5375,000 569,506. i $34,798 5103,373 - 520,880 $146,444 5375,000 May 5375,000 5100,243 535,127 591,635 $21,776 $126,217 5375.000 Jun 5375,000 5128,740 536,152 $933240 $22,411 594,457 5375,000 Jul 5375,000 5123,484 $34,988 $60,178 524,487 5103063 $375011 Aug:... 5375000 $132,485.. ,. $33,952 $67,587 523,503 597,474 5375000 Sep _ 5375003 $115,754 533476 $83,255 521850 5120,564 5375,000 Oct ..5375,000 594,975 $36,598 $94,814 $23,928 5124585 5375,000 Nor: 5375000 $72,325 533,744 5102.108 521,316 5145,507 5375,000 Dec 5375,000 $133,308 $28,662 579,562 _..517,354 $116,114 5375000 Total $4,500000 51,170,895 $405,714 $1,127,449 $257,563 51,538,378 $4,500000 4. Customer Service §MINNEEMINSIBRIENMENEle based on MWh sales Category I . 50%Fixed based on 12 Coincident Peaks Total to be recovered= $750,000, Monthly Fixed Recovery Residential G1 G2 Other TOU Jan. 562,500 17.94% 8.51% 27.34% 5.03% 41.18% Feb': 562,500 18.06% 8.92% 27 10% 549% 40.44% . Mar, 662,500 17.35% 8.76% 26.55% 5.47% 41.86% Apr; 562,500 18.53% 9.28% 27.57% 5.57% 39.05% May 562,500 26.73% 9.37% 24.44% 5.81% 33.66% Jun: 562,500 34.33% 9.64% 24.86% 5.98% 25.19% Jul! $62,500 32.93% 9.33% 23.51% 653% 27.70% Aug. 562,500 35.33% 9.05% 23.36% 6.27% 25.99% Sep, 562,500 3187% 8.93% 2220% 5.85% 32.15% Oct; 562,500 25.33% 9.76% 25.23% 6.38% 33.25% Nov; 562,500 19.29% 9.00% 27.23% 5.68% 38.80% Dec 562,500 35.55% 7.64% 21.22% 4.63% 3196% Monthly Fixed Recovery Residential 61 G2 Other TOU Jan: 562,500 511,212 55,318 517,088 $3,142 $25,740 Feb 562,500 511,287 $5,574 $16,935 $3,431 $25,273 Mar, 562,500 510,646 $5,478 $16,592 $3,421 526,162 Apr $62,500 $11584 $5,800 $17,229 $3,480 $24,407 May; $62,500 $16,707 55,855 $15,273 53,629 $21036 Jun 562,500 521,457 56,025 515,540 53,735 $15,743 Jul 562,500 520,581 55,831 $14,696 54,081 $17,310 Aug. $62,500 522581 $5,659 514598 $3,917 $16,246 Sep 562,500 $19,292 $5,579 $13,876 $3,658 520,094 Oct' 562,500 515,829 56,100 515,802 $3,988 520,781 Nov; 562,500 112,054 $5,624 $17,018 $3,553 $24,251 Dec; 562,500 $22,218 $4,777 $13,260 $2,892 $19,352 Total 5750500 5195,149 $67,619 5187,908 $42,927 5256,396 Category 2 50%Variable based on MWh sates Total to be recovered= 5750,000 Residential G1 G2 Other TOU MWh Sales 75,487 19237 57,789 12,259 85,896 %MWhSales 30.11% 7.67% 23.05% 4.89% 34.27% Revenue Allocation 5225,057.00 557,557.98 5172,904.90 $36,677.98 $257,002.14 078 5. General Fund Contribution NEEMBESSUINIESIBMENIMINIMINIS Notal to be recovered= 12.860,000 Residential 01 G2 Other TOU MWh Sales 75,487 19,237 57,789 12,259 85,8% _ i%MWhSales 3111% 7.67% 23.05% 4.89% 34.27% Revenue Allocation 5861,268.03 $219,487.77 $659,344.02 $139,865.35 $980,034.82 6. Depreciation MINEIVESOMINIMMEIVEINS Total to be recovered= $1,000,000! Monthly Fixed Recovery Residential 01 G2 Other TOU Jan $83,333 17.94% 8.51% 27.34% 5.03% 41.18% Feb $83,333 18.06% 8.92% 27.10% 5.49% 40.44% Mar $83333 1735% 8.76% 26.55% 5.47% 41.86% Apr. 183333 18.53% 9.28% 27.57% 557% 3905% May; 183,333 26.73% 9.37% 24.44% 5.81% 33.66% Jun $83,333 34.33% 9.64% 24,86% 5.98% 25.19% Jul' $83,333 32.93% 9.33% 23.51% 6.53% 27.70% Aug' 383333 35,33% 905% 23.36% 6.27% 25.99% Sep, $83,333 3187% 893% 22.20% 5.85% 32.15% Oct; $63,333 25.33% 9 76% 25.28% 638% 33.25% Nov $83,333 19.29% 9.00% 27.23% 5.68% 38.80% Dec; $83,333 35.55% 7.64% 21.22% 4.63% 30.96% Monthly Fixed Recovery Residential G1 G2 Other TOO Jan $83,333 114,949 $7,090 822,784 $4,189 134,320 Feb 583,333 315,050 $7,432 $22,580 $4,574 133,698 Mar 183,333 $14,462 57,304 $22,123 $4,561 $34,883 Apr $83,333 115446 87,733 322372 84,640 $32,543 May $83,333 $22,276 17,806 $20,364 $4,839 $28,048 Jun $83333 128,609 $8,034 $20,720 $4,980 $20,991 Jul' $83333 127441 17,775 $19,595 15441 $23,081 Aug', $83,333 $29,441 $7,545 $19,464 $5,223 $21,661 Sep, $83,333 625,723 $7439 518,501 $4.878 _$26,792 Oct 883,333 521,106 $8,133 $21,070 $5,317 827,708 Nov, 883,333 $16,072 87,499 $22,691 $4,737 132,335 Dec 183,333 529,624 $6,369 117,680 13,056 525,803 Total $1,000,000 $260,199 $90,159 $250544 $57,236 $341$62 079 7. Interest Payment ISOMEMINEMISMOINIESEMEMNEMI Total to be recovered= $500,000 Monthly Fixed Recovery Residential G1 G2 Other TOU Jan! 541,667 17.94% 8.51% 27.34% 5.03% 41.18% Feb. $41,667 18.06% 8.92% 27.10% 5.49% 40.4.4% Mar $41,667 17.35% 8 76% 26.55% 5 47% 41.86% Apr $41667 18.53% 9.28% 27.57% 5.57% 39,05% May $41,667 26.73% 9.37% 24.44% 5.81% 33.66% Jun': $41,667 34.33% 9.64% 24.86% 5.98% 25.19% Jul $41,667 32.93% 9.33% 23.51% 6.53% 27.70% Aug': $41667 35.33% 905% 23.36% 6.27% 25.99% Sep $41,667 30.87% 8.93% ' 22.20% 585% 32.15% Oct $41,667 25.33% 9.76% 25.28% 638% 33.25% Nov'; 541,667 19.23% 900% 27.23% 5.68% 38.80% Dec $41,667 35.55% 7.64% 21.22% 4.63% 30.96% Monthly Fixed Recovery Residential 01 G2 Other TOU Jan $41,667 $7,475 $3,545 511,392 $2695 $17,160 Feb; $41667 57,525 $3,716 511,290 $2287 $16649 Mar. $41,667 $7231 $3,652 $11,062 $2281 $17,442 Apr $41,667 $7,723 $3,866 $11,486 $2,320 $16,272 May $41,667 $11,138 $3,903 $10,182 $2,420 $14024 Jun!, $41,667 $14304 $4,017 $10,360 $2,490 $10,495 Jul; $41,667 $13,720 $3 : $9,798 $2,721 $11,540 Aug. $41,667 $14,721 $3,772 $9,732. $2611. $10,830 Sep; $41.667 $12962 $3,720 $9,251 $2,439 513,396 Oct $41,667 $10553 $4,066 $10,535 $2,659 $13654 Nov! $41,667 $8,03 $3,749 $11345 $2368 516,167 Dec, $41667 $14,812 53,185 $8,840 $1,928_ $12,902_ Total) $500,000 $130,099 545,079 $125272 $28,618 $170,931 Summary of Revenue Requirement Allocation Based on Cost of Service Principles: Total Revenue Requirement Allocation Residential 01 G2 Other TOU Total Purchased Power Fixed $4,126617 51320,338_ 53573645 $856667 $4,692368 $14,570,035 Variable $835,745 $212,983 5639,805 $135,720 $950,992 52,775245 Transmission $414,890 $105,732 5317,619 $67,376 $472,103 51,377,720 Distribution 51,170,895 $405,714 $1,127,449 $257,563 $1,538,378 54,500,000 Customer Services 50 Fixed 5195,149 $67,619 $187,908 $42,927 5256,396 $750,000 Variable $225,857 $57 558 $172,905 $36678 5257,002 $750,000 GF Transfer $861,268 $219,488 $659,344 $139,865 5980,035 52,860,000 Depreciation $260,199 I $90,159 $250,544 $57,236 $341,862 51,000,000 Debt Services(interest) $130,099. $45,079 $125,272 528,618 $170,931 $500,000 Total $8220,919 $2,524,670 57,054,692 $1,622,652 $9,660,067 $29683,000 %Revenue Requirement 28.27% 8.68% 24.26% 5.58% 33.22% Thus based on cost of service principles, the percent of incremental revenue requirement should be allocated to each customer class based on the following percentages: Residential customers 28.27% GI customers 8.68% G2 customers 24.26% Municipal customers 5.58% TOU customers 33.22% 080 Applying the above percentages to a 5%revenue enhancement or about$1,500,000 per year produces the following rate increases: Residential customers $424,050 4.6% G1 customers $130,200 5.0% G2 customers $363,900 5.5% Municipal customers $ 83,700 7.0% TOU customers $498,300 6.0% 081 RESOLUTION NO. • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA,CALIFORNIA,TO ADOPT NEW ELECTRIC RATES EFFECTIVE OCTOBER 1, 2007. WHEREAS, the May 2006 electric utility financial projections projected a need to enhance electric utility revenue base starting in fiscal year 07-08 to fund various legislative and regulatory mandates; and to provide sufficient funds to pay for higher wholesale cost of electricity and operation and maintenance costs; and WHEREAS, the July 2007 updated financial projections continue to show the need to enhance electric utility revenue base in fiscal year 07-08 and beyond; and WHEREAS, a cost of service study was conducted to fairly allocate the revenue requirement increase among the various City customer classes; and WHEREAS, the findings of the need to enhance revenue requirement and the allocation of the revenue requirement among customer classes were presented to Utility Board at it regular meeting on July 23`d, 2007; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Adoption of Electric Rate Schedule. That the electric rate schedule attached hereto and incorporated as Exhibit A is hereby adopted and that the new electric rates shall be effective on the dates set forth in Exhibit A. SECTION 2. Effective Date. This Resolution shall become effective upon its adoption. SECTION 3. Authorization. The Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Resolution. PASSED, APPROVED AND ADOPTED THIS 24th day of September, 2007. Joseph Rocha, Mayor ATTEST: Vera Mendoza, City Clerk EFFbCTIVE 10/01/2007 Electric Rate Schedule- 1 082 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Utility Board/City Council of the City of Azusa at a regular meeting of the Azusa Light& Water Utility Board on the 24th day of September, 2007. AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: Vera Mendoza, City Clerk EFFECTIVE 10/01/2007 Electric Rate Schedule-2 083 EXHIBIT A ELECTRIC RATE SCHEDULES SCHEDULE D RESIDENTIAL SERVICE Applicability: This schedule is applicable to domestic service including lighting, heating, cooking, and power or combination thereof in a single-family accommodation. Territory: Within the electric service territory of the City of Azusa. Rate: Minimum Charge: per meter per month $3.31 $3.49 Energy Charge: First 250 kWh, per kWh l0.114 10.61¢ All excess kWh, per kWh 134460 13.604¢ Special Conditions: 1. The above rates are subject to fuel cost adjustment. 2. A State Surcharge Tax may be added to the above rates. 3. A State Public Benefit Program Charge may be added to the above rates. EFFECTIVE 10/01/2007 Electric Rate Schedule-3 084 • SCHEDULE WH/SH RESIDENTIAL SERVICE FOR WATER AND/OR SPACE HEATING Applicability: This schedule is applicable to domestic use of electricity as sole source of energy,other than solar for water and/or space heating. It is supplemental to Schedule D. Territory: Within the electric service territory of the City of Azusa. Rate: Minimum Charge: per meter per month $3.34$3.49 Energy Charge: First 250 kWh, per kWh 10.14 10.61¢ Allowance for water heating, per month 250 kWh, per kWh 10.14¢ 10.61¢ Allowance for space heating, per month* 550 kWh, per kWh 10.14 10.61¢ All excess kWh, per kWh ¢ 13.604¢ *From November 1 to April 30 Special Conditions: 1. The above rates are subject to fuel cost adjustment. 2. A State Surcharge Tax may be added to the above rate. 3. Residence requesting discount rate shall be verified by City employee of its heating equipment on premises. EFFECTIVE 10/01/2007 Electric Rate Schedule-4 085 SCHEDULE RL RESIDENTIAL SERVICE WITH LIFE-SUPPORT DEVICES This schedule is applicable to residential use of electricity for life-support devices in addition to lighting, heating, cooking and power or combination thereof in a single-family accommodation. Territory: Within the electric service territory of the City of Azusa Rate: Minimum Charge: per meter per month $3.34$3.49 Energy Charge: First 250 kWh, per kWh 10.140 10.61¢ Additional allowance for Life Support Device, per month 10.110 10.610 All excess kWh, per kWh -1-3.006¢ 13.6040 Special Conditions: 1. Each eligible residential customer may be allowed an additional lifeline quantity of electricity, upon application to the utility where such customer provides certification that full-time resident of the household regularly requires the use of an essential life-support device which is defined below including heating and/or cooling as medically required for listed serious illnesses: Aerosol Tents IPPB Machines Pressure Pumps Compressors Iron Lungs Quadriplegia Compromising Immune Life-threatening Illnesses Respirators (all types) System Illnesses Motorized Wheelchairs Scleroderma Hemodialysis Machines Multiple Sclerosis Suction Machines Electrostatic Nebulizers Paraplegia Ultrasonic Nebulizers Electric Nerve Stimulators Pressure Pads EH hCTIVE 10/01/2007 Electric Rate Schedule-5 086 Schedule RL (continued) Procedure for Certification: The Utility may require that: a. The customer have a medical doctor or osteopath licensed to practice medicine in the State of California provide the Utility with a letter, acceptable to the Utility, describing the type of regularly required life-support device and the utilization requirement in detail; or b. County, State or Federal agencies,using an established notification letter to electric utilities, provide the Utility with information relative to patients who regularly require the use of a life-support device in the house. Upon the above certification,the Utility shall estimate the monthly consumption of the particular life-support device,given the usual hours of operations per month,and within 30 days add the incremental estimated monthly usage to the customer's lifeline quantity. The Utility may require a new or renewed application and/or certification, when needed in the opinion of the Utility. 2. Verification: Not more than one lifeline quantity will be allowed for each single-family dwelling or accommodation on the premises. However,where there are multiple life-support devices at such single-family dwelling or accommodation, all such devices shall be totaled for one lifeline quantity. The number of single-family accommodations on the premises and the existence of the specified end use equipment required to obtain certain lifeline quantities of electricity, as set forth on the applicable rate schedules are subject to verification by the Utility. 3. Termination of Use: Customers shall give the Utility notice of termination of use of equipment or devices. In the event the Utility ascertains that the customer is not eligible for such additional lifeline quantity, such customer may be re-billed as if no such additional lifeline quantity had been allowed. 4. The above rates are subject to fuel cost adjustment. 5. A State Surcharge Tax may be added to the above rates. EH-bCTIVE 10/01/2007 Electric Rate Schedule-6 087 SCHEDULE G GENERAL SERVICE Applicability: Applicable to single and three-phase general service including lighting and power. Territory: Within the electric service territory of the City of Azusa. Rate G-1: Customer Charge: per meter per month $6 6.37 Energy Charge (to be added to customer charge) First 500 kWh, per kWh 15.16¢ 15.92¢ All excess kWh, per kWh 12.13¢ 13.05¢ Minimum Charge: The monthly minimum charge shall be the monthly customer charge. Rate G-2: Demand Charge: First 20 KW or less of billing demand No Charge Additional KW of billing demand, per KW $7.28 7.68 Energy Charge: First 500 kWh, per kWh 4-546¢ 15.99¢ Next 4,500 kWh, per kWh 13.350 14.080 Additional kWh, per kWh 844¢ 8.690 Minimum Charge: The monthly minimum charge shall be $145.53 153.53 if the energy charge is less than$115.53 153.53. EH-hCTIVE 10/01/2007 Electric Rate Schedule-7 088 Schedule G (continued) Special Conditions: 1. Service will be supplied at one standard voltage through one meter. 2. Rate G-2 is applicable when a demand meter is installed in accordance with Condition 3. 3. A maximum demand meter will be installed when, in the opinion of the Utility, the customer's load and use characteristics indicate that the maximum demand may exceed 20 KW or when the customer requests a demand rate. 4. The billing demand of the month shall be the maximum kilowatt measured in the 15-minute interval in that month, but not less than 50% of the highest demand established in the preceding 11 months. Billing demand shall be determined to the nearest 1/10 KW. 5. When the use of energy is seasonal or intermittent, no adjustment will be made for a temporary discontinuance of service. Any customer, prior to resuming service within 12 months after such service was discontinued,will be required to pay all charges which would have been billed if.service had not been discontinued. 6. The above rates are subject to fuel cost adjustments. 7. A State Surcharge Tax may be added to the above rates. EH-ECTIVE 10/01/2007 Electric Rate Schedule-8 089 SCHEDULE GL • LARGE GENERAL SERVICE Applicability: Applicable to single and three-phase general service including lighting and power. This schedule is mandatory for all customers whose monthly maximum demand has exceeded 200 KW for any 3 months during the preceding 12 months and whose average demand for the preceding 12 months also exceeds 200 KW. Any customer whose monthly maximum demand has fallen below 200 KW for any 3 months during the preceding 12 months and whose average demand for the preceding 12 months also is less than 200 KW may be required to take service on Schedule G-2. Territory: Within the electric service territory of the City of Azusa. Rate: (Identical to Rate G-2 with the exception of minimum charge and power factor adjustment.) Minimum Charge: The monthly minimum charge shall be the monthly demand charge or $$145.53 153.53, whichever is greater. Special Conditions: 1. Service will be supplied at one standard voltage through one meter. 2. Billing Demand: The billing demand in any month shall be the average kilowatt input indicated or recorded by instruments to be supplied,owned and maintained by the utility and at the Utility's expense upon the consumer's premises adjacent to the watt-hour meter,in the 15-minute interval in which the consumption of electric energy is greater than in any other 15-minute interval in the month,but not less than 50%of the highest billing demand in the preceding 11 months. Billing demand shall be determined to the nearest KW. Whenever the measured maximum demand has exceeded 400 KW for 3 consecutive months and thereafter until it has fallen below 300 KW for 12 consecutive months, a 30-minute interval will be used. Where the demand is intermittent or subjected to violent fluctuations,the maximum demand may be based on a shorter interval. E1-1-bCTIVE 10/01/2007 Electric Rate Schedule-9 090 Schedule GL (continued) 3. Power Factor Adjustment: When the billing demand has exceeded 200 KW for 3 consecutive months, a kilovar-hour meter will be installed as soon as practicable. The charges will be increased for each KVAR in excess of 60% of the billing demand in the amount of 46¢ per KVAR. The kilovars of reactive demand shall be calculated by multiplying the kilowatts of measured maximum demand by the ratio of the kilovar-hours to the kilowatt-hours. Demands in kilowatts and kilovars shall be determined to the nearest 1/10 (0.1) unit. A ratchet device will be installed on the kilovar-hour meter to prevent its reverse operations on leading power factors. 4. Voltage Discount: The charges before power factor and fuel cost adjustments will be reduced by 4% for service delivered and metered at 12 KV. 5. Temporary Discontinuance of Service: When the use of energy is seasonal or intermittent, no adjustments will be made for a temporary discontinuance of service. Any customer prior to resuming service within 12 months after such service was discontinued will be required to pay all charges which would have been billed if service had not been discontinued. 6. The above rates are subject to fuel cost adjustments. 7. A State Surcharge Tax may be added to the above rates. EH-bCTIVE 10/01/2007 Electric Rate Schedule- 10 q 09 1 SCHEDULE TOU TIME-OF-USE General Service Demand Metered Applicability: Applicable to single and three-phase general service, including lighting and power. This schedule is mandatory for all customers whose monthly maximum demand has exceeded 200 KW for any 3 months during the preceding 12 months and whose average demand for the preceding 12 months also exceeds 200 KW. Any customer whose monthly maximum demand has fallen below 200 KW for any 3 months during the preceding 12 months and whose average demand for the preceding 12 months also is less than 200 KW may be required to take service on Schedule G-2. Territory: Within the electric service territory of the City of Azusa. Rates: Per Meter per Month Summer Winter Customer Charge: $36.38 38.56 $36.38 38.56 Demand Charge All kW of Maximum Demand, per KW (Non-time Related Component) 389 4.12 3-89 4.12 Time Related Component (To be added to Non-time Related Component) All KW of on-peak maximum demand per KW 648 6.87 n/a Plus all KW of mid-peak maximum demand, per KW 1.13 1.20 0:89 0.94 Plus all KW of off-peak Maximum Demand, per KW 0.00 0.00 Energy Charge All on-peak kWh, per kWh $0.13340 0.14140 n/a All mid-peak kWh, per kWh $0.09096 0.09642 0.1.0309.10928 All off-peak kWh, per kWh $0.06061 0.06428 0.06064.06428 Charges for energy are calculated for customer billing using the components shown below. E}FbCTIVE 10/01/2007 Electric Rate Schedule- 11 092 • TOU Rate (continued) Special Conditions: 1. Time period are defined as follows: On-peak: Noon to 6:00 p.m. summer weekdays except holidays. Mid-peak: 8:00 a.m. to noon and 6:00 p.m. to 11:00 p.m. summer weekdays except holidays, and 8:00 a.m. to 9:00 p.m. winter weekdays except holidays. Off-peak: All other hours. Off-peak holidays are New Year's Day,(January 1)Washington's Birthday(third Monday in February),Memorial day(last Monday in May),Independence Day(July 4),Labor Day(first Monday in September),Veterans'Day(November 11),Thanksgiving Day(fourth Thursday in November) and Christmas Day(December 25). The summer season shall commence at 12:00 a.m. on the first Sunday in June and continue until 12:00 a.m. of the first Sunday in October of each year. The winter season shall commence at 12:00 a.m.on the first Sunday in October of each year and continue until 12:00 a.m. of the first Sunday in June of the following year. 2. Voltage: Service will be supplied at one standard voltage. 3. Maximum Demand: Maximum demands shall be established for the on-peak,mid-peak,and off-peak periods. The maximum demand for each period shall be the measured maximum average KW-input indicated or recorded by instruments to be supplied by the City, during any 15-minute metered interval. 4. Billing Demand: The demand charge shall include the following billing components: The time related components shall be for the kW of maximum demand recorded during the monthly billing period for each of the on-peak, mid and off-peak time periods. 5. Power Factor Adjustment: When the billing demand has exceeded 200 KW for 3 consecutive months, a kVAR-hour meter will be installed as soon as practicable. The charges will be increased for each kVAR in excess of 48.4% of the billing demand in the amount of 46¢ per kVAR. The kVAR of reactive demand shall be calculated by multiplying the KW of measure maximum demand by the ratio of the kVAR-hours to the kW-hours. Demands in KW and kVAR shall be determined to the nearest 1/10 (0.1)unit. A ratchet device will be installed on the KVAR-hour meter to prevent its reverse operation on leading power factors. ENNbCTIVE 10/01/2007 Electric Rate Schedule- 12 093 TOU Rate (continued) 6. Voltage Discount: The charges before power factor and fuel cost adjustments will be reduced by 4% for service delivered and metered at 12 kVAR. 7. Temporary Discontinuance of Service: When the use of energy is seasonal or intermittent, no adjustments will be made for a temporary discontinuance of service. Any customer prior to resuming within 12 months after such service was discontinued will be required to pay all charges which would have been billed if service had not been discontinued. 8. The above rates are subject to fuel cost adjustment. 9. A State surcharge tax may be added to the above rates. E1-1•ECTIVE 10/01/2007 Electric Rate Schedule- 13 • SCHEDULE MS MUNICIPAL SERVICE Applicability: Applicable to single or three-phase service which supplies electricity to the City of Azusa Municipal Agency(including City of Azusa water pumping service). Territory: Within the electric service territory of the City of Azusa. Rate: Customer Charge, per meter per month $6447 6.49 Energy Charge(to be added to customer charge) Each kWh per meter per month 9.9¢ 10.59¢ Minimum Charge: The monthly minimum charge shall be the Monthly Customer Charge Special Conditions: 1. The above rate shall be subject to fuel cost adjustment. 2. A State Surcharge Tax may be added to the above rate. EH-bCTIVE 10/01/2007 Electric Rate Schedule- 14 095 • SCHEDULE S STANDBY Applicability: Applicable to single or three-phase service where the entire electrical requirements on the Customer's premises only operate in emergency or are not regularly supplied by the Utility. Territory: Within the electric service territory of the City of Azusa. Rate: Standby Charge: All KW of demand, per KW per month $2.55 Regular Schedule Charges (to be added to Standby Charge) All charges of the General Service Rate G-1 Minimum Charge: The monthly minimum charge shall be the Standby Charge plus the regular schedule customer charge. Special Conditions: 1. When the connected load cannot be determined in KW,the connected load will be estimated by the Utility based on tests and other information available. 2. This schedule shall apply only to service expected to operate for at least one year or longer. 3. The above rate shall be subject to fuel cost adjustment. 4. A State Surcharge Tax may be added to the above rate. EFFECTIVE 10/01/2007 Electric Rate Schedule- 15096 96 SCHEDULE SL-1 STREET LIGHTING SERVICE DEPARTMENT-OWNED LIGHTING DISTRICTS Applicability: Applicable to lighting districts for street and highway lighting service where the Utility owns and maintains the street lighting equipment. Territory: Within the electric service territory of the City of Azusa Rates: Avg kWh per Month Per Lamp per Month Incandescent 4,000 Lumen(300W) 104 $13.35 14.02 Mercury Vapor 7,000 Lumen(175W) 60 13.71 14.40 11,000 Lumen (250W) 86 17.70 18.59 20,000 Lumen (400W) 138 24,26 25.47 High-Pressure Sodium 9,500 Lumen(100W) 35 12.13 13.05 22,000 Lumen(220W) 76 17.2818.14 25,500 Lumen(250W) 86 48:4919.41 Special Conditions: 1. The above rate is subject to fuel cost adjustment. 2. A State Surcharge Tax may be added to the above rate. 3. Hours of Service: approximately 4140 hours per year. 4. Other than Standard Equipment: Where the customer requests the installation of other than the standard equipment furnished by the Utility and such requested equipment is acceptable to the Utility,the Utility will install the requested equipment provided the customer agrees to advance the estimated difference in installed cost between such equipment and standard equipment. Advances made for this purpose will not be refunded. Facilities installed in connection with such agreements become and remain the sole property of the Utility. El-FhCTIVE 10/01/2007 Electric Rate Schedule- 16 097 SCHEDULE SL-2 • STREET LIGHT AND OUTDOOR AREA LIGHTING SERVICE CUSTOMER OWNED LIGHTING DISTRICTS Applicability: Applicable to un-metered,controlled for dusk-to-dawn operation of outdoor area lighting for purposes, such as bus shelters, street and highway lighting service parking lots, pedestrian walkways, monuments, and decorative areas where the customer owns and maintains the lighting equipment. Territory: Within the electric service area of the City of Azusa. Rates: 1. Customer charge per location per month is$3.34$3.51. 2. Energy charge 94)0 10.08 cents per kWh. Avg kWh per Month Per Lamp Per Month Incandescent 4,000 Lumen (300W) 104 $13.77 14.46 Mercury Vapor 7,000 Lumen (175W) 60 9.13 9.90 11,000 Lumen (250W) 86 12.03 12.63 20,000 Lumen (400W) 138 17.24 18.10 High-Pressure Sodium 9,500 Lumen(100W) 35 6784 7.15 22,000 Lumen (220W) 76 10.98 11.53 25,500 Lumen(250W) 86 12.03 12.63 Special Conditions: 1. The above rate is subject to fuel cost adjustment. 2. A state surcharge tax may be added to the above rate. 3. Hours of service: Approximately 4140 hours per year, 345 hours per month. EFFECTIVE 10/01/2007 Electric Rate Schedule- 17 098 Schedule SL-2 (continued) 4. For bus shelter and other services with more than one lamp per location. The applicable rate bases on the total wattage of the lamps installed. 5. The customer will comply, furnish, and install at their expense all necessary equipment required by local building codes. 6. All customer-owned un-metered facilities beyond the utility's point of delivery will be maintained, and operated by the customer. 7. For service at this schedule, the utility may, at its option, provide an additional point of delivery, separate from any other point of delivery provided under any other applicable rate schedule. 8. Voltages: Service under this schedule will be delivered at 120, 120/240 volts or at the option of the utility at 120/208 or 277/480 three-wire single-phase. a. Installation of additional utility facilities shall be under existing Electric Utility Rule No. 15. • EF HCTIVE 10/01/2007 Electric Rate Schedule- 18 099 SCHEDULE SL-3 STREET LIGHTING SERVICE CUSTOMER-OWNED LIGHTING MAINTAINED BY AZUSA LIGHT & WATER Applicability: Applicable to un-metered electric service for street and highway lighting where the Customer owns lighting facilities on private property and contracts with Azusa Light & Water to maintain the street lighting equipment. Territory: With the electric service territory of the City of Azusa. Rates: Avg kWh per Month Per Lamp Per Month High-Pressure Sodium 9,500 Lumen(100W) 35 $12.13 13.05 25,500 Lumen(250W) 86 18.49 19.41 Special Conditions: 1. The above rate is subject to fuel cost adjustment. 2. A State Surcharge Tax may be added to the above rate. 3. Hours of Service: approximately 4140 hours per year. 4. The customer will furnish and install at their expense all necessary equipment including the standard equipment required and accepted by Azusa Light&Water according to street lighting codes. 5. The customer will own the equipment,but contract with Azusa Light&Water to replace burned-out lamps and otherwise maintain the luminaire during regular daytime working hours, as soon as practicable following notification by the customer. The customer will be billed the cost of time and materials to their street light account. 6. Normal maintenance shall not include any replacement of posts or post parts when such damage is coincident with or is a result of partial or total demolition of post or when caused by riots, fire, explosions,earthquakes, disasters of major magnitude or acts of God,nor shall normal maintenance include that due to equipment developing defects in test or in service due to faults in design, manufacturing, or installation until such defects have been satisfactorily corrected. ErrbCTIVE 10/01/2007 Electric Rate Schedule- 19 100 • SCHEDULE OL OUTDOOR AREA LIGHTING SERVICE Applicability: Applicable to outdoor area lighting service, other than street and highway lighting service, where the Utility owns and maintains the area lighting equipment. Territory: Within the electric service area of the City of Azusa. Rates: Mercury Vapor Existing Pole New Pole 7,000 Lumen(175W) $13.95 14.65 $17.35 18.22 20,000 Lumen(400W) 25.47 26.74 28.86 30.30 High Pressure Sodium 9,500 Lumen(100W) 12.43 13.05 15.82 16.61 25,500 Lumen(250W) 17418.47 20.99 22.04 Special Conditions: 1. The Utility will, at its own expense, install, operate and maintain its standard overhead outdoor lighting equipment. Facilities will consist of a luminaire with a photo-electric switch control and a support, mounted on a Utility-owned pole at which 120V service is readily available. All facilities will be owned and maintained by the Utility. 2. The Utility will replace burned-out lamps and otherwise maintain the luminaire during regular daytime working hours as soon as practicable following notification by the customer. 3. This service will be furnished only if the installation is considered by the Utility to be of a permanent and established character. If the customer requests the removal of service during the first two years of service,there will be a$4-5-1-.-60 159.18 charge to remove the facilities, or$606.38 636.70 charge if removal of the pole is required. 4. The above rate is subject to a fuel cost adjustment. 5. A State Surcharge Tax may be added to the above rate. EFFECTIVE 10/01/2007 Electric Rate Schedule-20 101 Schedule OL (continued) • 6. Energy: The Utility will supply the energy which is included in the monthly rate on the previous page. 7. Hours of Service: Burning hours will be from dusk to dawn, aggregating approximately 4,080 hours per year. Credit will not be allowed for lamp outages. E1.1-:CTIVE 10/01/2007 Electric Rate Schedule-21 102 SCHEDULE FCA-SJ FUEL COST ADJUSTMENT—SAN JUAN RESOURCE (Adopted by Resolution No. 04-057) Background: The City's San Juan Unit 3 resource is its single largest resource providing up to 75% of City's annual energy requirement. Due to the sunk cost nature of San Juan resource,the cost incurred in procuring replacement power when the unit is derated, or unavailable due to scheduled or forced outages is an addition to the power resource cost that must be recovered. This rate schedule would ensure timely and prudent recovery of the replacement power costs for San Juan Unit 3 resource. Applicability: Applicable to all electric services. Territory: Within the electric service territory of the City of Azusa. Rate Determination: Energy Charge: As determined by the methodology below. Rate: The Azusa Light and Water shall determine the fuel cost adjustment component associated with its San Juan unit 3 resource pursuant to the following methodology each quarter. The Director of Utilities shall notify the City Council of the new fuel cost component associated with its San Juan unit 3 each quarter.It shall be applied to all electric bills beginning the first billing cycle of each quarter. 1. Determine the base San Juan replacement power.cost for the quarter through the following calculation: (A) = Base San Juan Replacement Power Cost in $ = 30 x (N#of days during the quarter) x 24 x 0.15 x 40. 2. Determine the actual San Juan replacement power cost in $ incurred during the quarter(B). 3. Determine other San Juan associated costs (+) or credits (-), e.g. outage insurance premium payment(+), outage insurance payout(-) incurred during the quarter(C). EH ECTIVE 10/01/2007 Electric Rate Schedule-22 103 4. Derive the amount of Replacement Power Cost (RPC) eligible to be recovered through the following calculation: RPC = (A)—(B)+(C) 5. Adjust the RPC in accordance with the following to derive Adjusted Replacement Power Cost(ARPC): (i) If RPC< -$750,000, then ARPC=-$750,000 (ii) If-$750,000<RPC<-$100,000, then ARPC=RPC (iii) If-$100,000<RPC<+$100,000, then ARPC=$0 (iv) If$100,000<RPC<+$750,000, then ARPC=RPC (v) If RPC>+$750,000, then ARPC=+$750,000 6. Derive Replacement Power Cost Balancing Account(RPCBA)by subtracting ARPC from RPC, i.e., RPCBA=RPC-ARPC. 7. Forecast the retail sales for the immediately succeeding quarter(R). 8. Derive the fuel cost adjustment associated with the San Juan unit 3 resource by dividing ARPC by(R). 9. Any balance remaining in RPCBA shall be added to the RPC of the immediately succeeding quarter for recovery or credit. Subject to City Council's approval, the Director of Utilities may establish a minimum RPCBA threshold to be retained for the purposes of reducing the fluctuations in fuel cost adjustment. This rate schedule is applicable to San Juan energy resource only. To the extent a need arises to apply FCA provision to energy resources other than San Juan, the Director of Utilities may implement it with the approval of the Utility Board. EFFECTIVE 10/01/2007 Electric Rate Schedule-23 • 104 AZUSA IIGNT R WATER AGENDA ITEM TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD AND AZUSA CITY COUNCIL FROM: JOSEPH F. HSU, DIRECTOR OF UTILITIES`v DATE: SEPTEMBER 24, 2007 SUBJECT: ADJUSTMENT OF REPLACEMENT WATER COST ADJUSTMENT FACTOR RECOMMENDATION It is recommended that the Utility Board/City Council authorize staff to increase the Replacement Water Cost Adjustment Factor by $0.1132 per hundred cubic feet of water to recover the increased cost of purchasing water from the Metropolitan Water District. BACKGROUND The existing water rates of the Azusa Water Utility include an annual adjustment factor called the "Replacement Water Cost Adjustment Factor (RWCAF)." This adjustment factor was implemented following the severe drought that occurred around 1990. Each year the RWCAF is adjusted in June for subsequent fiscal year to recover replacement or purchased water costs due to water supply fluctuations, and this fiscal year's RWCAF equates to $0.1306 per hundred cubic feet (ccf) of water. Due to historically low rainfall this past winter and other water supply shortfalls, the City has been forced to make water purchases from the Metropolitan Water District (MWD) under a agriculture water rate, which is provided through an outlet connected to the San Gabriel River commonly referred to as the "USG-3" connection near Morris Dam. Water purchases from this source are much more expensive than water purchased from local districts and it is recommended that the added costs be recovered through a bi-monthly adjustment to the RWCAF. Water purchases from MWD began in July and continue. The incremental cost above normal replacement water was $90,060.51 in July, and $106,182.39 in August. Based on forecasted consumption by consumers in October and November, the RWCAF should be increased by $0.1132 per ccf to pay for the added cost of water. If approved, the adjustment will be effective for bills rendered on or after October 1, 2007, and be in effect for two months. The RWCAF would be reviewed at the end of November for an adjustment effective December 1, 2007. il/IA. D 4 FISCAL IMPACT This will raise the RWCAF to a total of $0.2438 per ccf and recover much of the incremental purchased water costs incurred in July and August of about $196,000. If the City experiences heavy rainfall or customers reduce consumption substantially, actual cost recovery would be reduced. The effective period of two months is appropriate since residential customers outside the City are billed every two months. Prepared by: Cary Kalscheuer, Assistant to the Director of Utilities RWCAF.doc.x is _ • 215 INCREMENTAL INCREASE IN WATER COST TO AZUSA LIGHT &WATER CUSTOMER-2007 DROUGHT • Water Consumption October November City of Azusa-ccf 503,749 454,854 Azusa Valley- ccf 428,665 363,220 Total 932,414 818,074 Incremental Purchased Water Costs $90,060.51 $106,182.39 Cost per ccf $0.0966 $0.1298 AVERAGE COST/CCF $0.1132 216 AZUSA IIGNT i WATEN INFORMATIONAL ITEM TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD AND AZUSA CITY COUNCIL FROM: JOSEPH F. HSU, DIRECTOR OF UTILITIES DATE: SEPTEMBER 24, 2007 SUBJECT: QUARTERLY FUEL COST ADJUSTMENT FOR SAN JUAN RESOURCE On July 26, 2004, the Utility Board approved a fuel cost adjustment mechanism for San Juan power plant. This mechanism is intended to credit customers with cost savings that are realized when our power plant operates reliably and replacement power costs are avoided, and conversely, allow the Utility to increase revenues to recover a portion of our replacement power costs when the San Juan resource experiences outages. This report encompasses replacement power costs incurred for the San Juan resource during the period of June 16, 2007 through September 15, 2007. For reasons stated below, staff recommends that NO Fuel Cost Adjustment be assessed on customer electric billings for the period of October 1, 2007 through December 31, 2007. The availability of the San Juan unit #3 during the period of June 16, 2007 through September 15, 2007 was 88%, higher than the budgeted availability of 85%. The average cost of replacement power was $55.40/MWh as compared to the budgeted cost of $40/MWh, resulting in a net charge of $40,170 for Fuel Cost Adjustment for the quarter, and when combined with the carry over from the previous quarter of $336,628 it resulted in a total FCA credit of $296,458. Normally, when FCA credits exceed $150,000 the amount would be credited back to customers on their electric bills in the immediately following quarter. However, given the anticipated large San Juan replacement power costs in the first quarter of 2008 due to planned San Juan unit 3 major maintenance outage staff continues to recommend the FCA credits be carried over to offset the foreseeable large San Juan FCA charges early next year. Prepared by: Bob Tang, Assistant Director of Resource Management Attachment , p/vtalt- 0,1 I� SJ FCA Q4_07.xls /0)-(i U 224 San Juan Fuel Cost Adjustment Calculation for Q4 2007 June 16-July August September(*) Actual SJ Output 30,576 18,500 9,265 Actual SJ Replac Energy Cost $179,234 $181,231 $77,145 $55.40 Maximum Output 33,120 22,320 10,800 Unavailable SJ Output 2,544 3,820 1,535 11.92% % Outage Rate 7.68% 17.11% 14.21% Base SJ Output @ 85% 28,152 18,972 9,180 Unavailable SJ Output 4,968 3,348 1,620 % Outage Rate 15.00% 15.00% 15.00% Base SJ Replac Energy Cost @$40/MWh $198,720 $133,920 $64,800 Actual - Base SJ Replac Energy Cost -$19,486 $47,311 $12,345 San Juan Insurance Premium Recovery $0 $0 $0 San Juan Insurance Payout $0 $0 $0 Cumulative Quarterly Difference (CQD) $40,170 Q2 2007 Carry-Over -$336,628 If I(CQD)k4100,000, then adjustment=0 If I(CQD)1>$750,000, then adjustment=+-$750,000 or else adjustment= CQD -$296,458 October November December Forecast Retail Sales (MWh) 21,660 20,406 20,437 SJ FCA for Q4 2007 (cents/KWh) -0.47 (*) Through September 15th, 2007 L\) NI CJI rr _ _ LIGHT i WATER INFORMATION ITEM TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD AND AZUSA CITY COUNCIL FROM: JOSEPH F. HSU, DIRECTOR OF UTILITIES DATE: SEPTEMBER 24, 2007 SUBJECT: WORKSHOP ON SOLID WASTE AND RECYCLING ISSUES In order to brief new members of the Utility Board in more detail on a few items concerning solid waste management in the City of Azusa, staff is planning a workshop to immediately follow the January 28, 2008, regular Utility Board meeting. The draft agenda is as follows: 1. Introductions 2. Solid Waste Contract Issues a. Background on Athens Services Contract b. Pros and Cons of Athens Contract, including Evergreen Clause c. Athens Services' Perspective 3. Challenges a. Legislative Trends b. Continued Compliance with AB 939 c. Closure of Puente Hills Landfill in Oct 2013 d. Disposal of Universal Wastes (Hazardous Wastes) 4. Utility Board Discussion/ Direction Representatives from Athens Services will be invited to make a presentation on their future plans to serve their contract cities and how they plan to dispose of waste after the Puente Hills Landfill closes in October 2013. The closure of Puente Hills landfill will have multiple ramifications, including compliance with AB 939, the state's recycling mandate. For instance, yard waste will no longer be taken to Puente Hills and the City will loose recycling credit for this portion of the waste stream. Individual Board members may wish to have additional items placed on the above draft agenda prior to the meeting. Prepared by: 01 .1 11f) jyt-) Cary Kalscheuer, Assistant to the Director of Utilities °\\. /; I 242