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Another option is to continue service as it is today, matching or undercutting market rates, and <br />not implement direct access. <br />FINANCIAL IMPACT <br />The first year cost of direct access implementation has been estimated to be $700,000. The <br />ongoing annual cost of direct access is estimated at $532,000. <br />ENVIRONMENTAL IMPACT <br />None. <br />RECOMMENDATION <br />Staff recommends that the City Council receive and file the draft policy. Staff will receive any <br />comments and present a revised draft for future approval. <br />Report prepared by Timothy C. Trewyn, P.E., Assistant Electric Utility Director <br />ITEM NO. <br />