1995 RES R-32-95 - Laserfiche WebLink

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Page No. 1 GENERAL PROVISIONS I. The following rules are effective within the City of Colton as approved by the City Council. The Utility's Rules for supplying electric service, Rate Schedules, and various instructions may be revised, amended, superseded, supplemented, or otherwise changed from time to time by the City Council. Copies of the rules in effect will be kept up-to-date and on file in the office of the City Clerk. Customers or others contemplating any expenditures or activities governed by these rules should assure themselves that they have the latest correct information by visiting, telephoning or otherwise contacting the Utility. II. POWER COST ADJUSTMENT The Power Cost Adjustment (PCA) is a charge per kWh which is used (1) to adjust the Utility's electric rates for the actual cost of purchasing and generating electric power and energy to service the City's Customers, and (2) to minimize the fluctuations in rates. The rates in each rate schedule include 5.4081 cents per kWh (hereinafter called the Basic Power Cost Component) to recover the costs of purchasing and delivering power and energy from all suppliers of power and energy, other suppliers, and the cost of power and energy from the Utility's own generating resources. The PCA will reflect all changes in power and energy costs including the following: Changes in the wholesale Fuel Cost Adjustment Billing Factor. Changes in any component of the wholesale rate. Changes in transmission and wheeling payments. Changes in scheduling and dispatching payments. Changes in Replacement Energy (SCE). Changes in contract incremental costs. Changes in economy energy purchases. Changes in take -or -pay obligations. Changes in the Power Sales Agreement (SCE). The PCA which is set forth below shall be applied to kWh sold on and after the effective date, as also set forth below, and continue thereafter until a --new PCA becomes effective. The amount to be added to or subtracted form each Bill due to the PCA shall be calculated by multiplying the number of kWh for which the bill is rendered by the applicable PCA. The Utility shall develop and periodically adjust the PCA in accordance with City Resolution No. 4502 so as to keep the balancing account within the limits of $900,000 overcollection and -$100,000 undercollection. ISSUED BY Thomas K. Clarke Electric Utilities Director Power Cost Adjustment Effective Date Cents/kWh July 1, 1994 0.00558 April 3, 1995 0.00858 Effective by Resolution No. Superseding Resolution No Dated R-74-94 Dated 6/21/94