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HomeMy WebLinkAboutORD 19-019ORDINANCE NO. 19-019 AN ORDINANCE BY THE CITY OF BEAUMONT, TEXAS ("CITY") DENYING THE DISTRIBUTION COST RECOVERY FACTOR RATE INCREASE REQUEST OF ENTERGY TEXAS, INC.. FILED ON MARCH 28, 2019; SETTING JUST AND REASONABLE RATES FOR ENTERGY TEXAS, INC. FOR SERVICE WITHIN THE MUNICIPAL LIMITS; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS. WHEREAS, on or about March 28, 2019, Entergy Texas, Inc. ("Entergy") filed an Application for Approval to Establish its Distribution Cost Recovery Factor with the City to increase electric rates by implementing a new rider pursuant to Public Utility Regulatory Act ("PURA") Section 36.210; and, WHEREAS, City has exclusive original jurisdiction over the rates, operations and services of an electric utility within its municipal limits pursuant to PURA Section 33.001(a); and, WHEREAS, the jurisdictional deadline for the City to act in this rate matter is May 27, 2019; and, WHEREAS, Entergy's proposed Distribution Cost Recovery Factor rider would increase customer rates in the Entergy Service Area by approximately $3.2 million per year; and, WHEREAS, the City retained the Lawton Law Firm, P.C. to review the Company's rate request and make necessary rate recommendations to the City; and, WHEREAS, the Lawton Law Firm has recommended that the City deny the Company's request for a Distribution Cost Recovery Factor; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: Section 1. That the statement and findings set out in the preamble to this ordinance are hereby in all things approved and adopted. Section 2. The City of Beaumont hereby denies Entergy's request for a Distribution Cost Recovery Factor in total. Section 3. The meeting at which this ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code Chapter 551. Section 4. This ordinance shall become effective from and after its passage. The meeting at which this ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 16th day of April, 2019. 1111TIV ffilf�ivll 0