HomeMy WebLinkAboutORD 78-57ORDINANCE NO.
ENTITLED AN ORDINANCE SETTING RATES
TO BE CHARGED BY GULF STATES UTILITIES
COMPANY IN THE CITY OF.BEAUMONT, TEXAS;
PROVIDING FOR AN EFFECTIVE DATE FOR SUCH
RATES; AND PROVIDING CONDITIONS UNDER
WHICH RATES MAY BE CHANGED, MODIFIED,
AMENDED OR WITHDRAWN.:
WHEREAS, on December 30, 1977, Gulf States Utilities
Company filed with the City of Beaumont a request for an
increase in rates to be charged within the City in the amount
of $24,346,000 per annum on a Texas retail system wide basis,
an increase of approximately 13.50; and,
WHEREAS, the City having suspended the effective date
of such proposed rate increase from February 6, 1978, and
having considered the same at a public hearing, is of the
opinion and finds that an increase in rates should be approved;
NOW, THEREFORE BE IT ORDAINED
BY THE CITY OF BEAUMONT:
Section 1.
That an increase in rates, tariffs and charges of Gulf,
States Utilities Company for electric power and energy sold with-
in the City be approved in an amount such that the adjusted
total Texas retail system wide operating revenues for the
Company be -increased $712,000 per annum, based on the adjusted
test year ending December 31, 1976, which constitutes an in-
crease of approximately .4%. The schedule of rates which is
approved in accordance herewith is that under which said Company
shall be authorized to render electric service and to collect
charges from its customers for the sale of electric power and
energy within the corporate limits of the City until such time
as said schedule of=rates may be changed, modified, amended or
withdrawn, with the approval of the City Council of the City
of Beaumont.
Sect -inn 2_
That Gulf States Utilities Company shall, within ten
(10) days from the final passage of this ordinance, file with
the City Attorney of the City of Beaumont a revised schedule
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of rates and tariffs setting forth those rates, tariffs and
charges based upon an increase in total operating revenues as
described herein. Such schedule of rates and tariffs may be
modified or amended by the City Council of the City of Beaumont
within twenty (20) days from the final passage of this ordinance,
otherwise, same shall be considered approved as filed. Such
schedule of rates and tariffs, as same may be modified or
amended, shall be effective from and after final passage of
this ordinance and shall apply to all power and energy used by
each -customer after the final passage of this ordinance -
That the action of the City Council of the City of
Beaumont enacting this ordinance constitutes, on the date of
its final passage, a final determination of rates for Gulf
States Utilities Company within the City of Beaumont in accordance
with Section 43(c) of the Public Utility Regulatory Act.
Section 4.
Nothing in this ordinance contained shall be construed
now or.hereafter as limiting or modifying, in any manner, the
right and power of the City of Beaumont under the law to regulate
the rates and charges of Gulf States Utilities Company.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the --�- day of 1978.
-2-
j.,
Mayor