HomeMy WebLinkAboutRES 08 176 RESOLUTION 08-176
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
BEAUMONT, TEXAS, JOINING WITH OTHER ENTERGY SERVICE
AREA CITIES IN SUPPORT OF A NON-UNANIMOUS STIPULATION
REGARDING THE RATES TO BE DETERMINED FOR ENTERGY
TEXAS, INC. IN PUBLIC UTILITY COMMISSION DOCKET NO. 34800
WHEREAS, on or about September 26, 2007 Entergy Texas, Inc. ("ETI") filed a
Statement of Intent with the City to increase electric rates in the ETI Service Area by
$107.5 million per year in addition to an expected $5 million annual increase to its
miscellaneous service schedules resulting in a $112 million increase to customers; and
WHEREAS, the City of Beaumont suspended the effective date of ETI's rates
within its jurisdictional limits until at least September 28, 2008;
WHEREAS, on or about September 26, 2007 ETI also filed an application with
the Public Utility Commission of Texas to increase electric rates in the ETI Service Area
by $107.5 million per year in addition to an expected $5 million annual increase in its
miscellaneous service schedules resulting in a $112 million increase to customers; and
WHEREAS, City has intervened at the Public Utility Commission with various
other cities to review the rates, operations and services of an electric utility pursuant to
their authority under the Public Utility Regulatory Act §33.025; and
WHEREAS, Community Associations of the Woodlands, Texas ("CATW"),
Entergy Texas, Inc. ("ETI" or "the Company"), the Kroger Co. ("Kroger"), Office of
Public Utility Counsel ("OPC"), Texas Legal Service Center ("TLSC"), Texas
Ratepayers Organization to Save Energy ("Texas ROSE"), and Wal-Mart Texas Stores,
LP ("Wal-Mart") have entered into a settlement with ETI and the Entergy Service Area
Cities' Steering Committee has authorized the approval of the terms of settlement of
ETI's rate case and recommends settlement to the Cities;
WHEREAS, the settlement represents a fair compromise between ETI's filed rate
request of$112 million and the Cities' recommended rate reduction of$6.7 million; and
WHEREAS, under the Company's request, as filed, the rate increase to customers
would have been a 7.56% increase and the settled rate increase represents a 0.87%
increase to customers during the first year beginning in October of 2008 and a 2.08%
increase to customers until the rates resulting from ETI's rate case to be filed by
December 31, 2009 become effective; and
WHEREAS, the settlement spreads the rate increase equally to all customer
classes;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT, TEXAS, THAT:
Section 1. That the statement and findings set out in the preamble to this
resolution are hereby in all things approved and adopted.
Section 2. The City of Beaumont hereby reaffirms its support for the
settlement terms in the Non-Unanimous Stipulation attached hereto as Exhibit "A."
Section 3. The meeting at which this resolution was approved was in all
things conducted in strict compliance with the Texas Open Meetings Act, Texas
Government Code, Chapter 551.
Section 4. This resolution shall become effective from and after its passage.
PASSED AND APPROVED this 10th day of e, 2008.
- Mayo ec y Ames -
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