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HomeMy WebLinkAboutORD 18-014ORDINANCE NO. 18-014 AN ORDINANCE ADOPTING AN INCREMENTAL BEAUMONT FRANCHISE FEE RECOVERY RIDER FOR ENTERGY TEXAS, INC. ELECTRIC SERVICE SCHEDULE FFBE. WHEREAS, the City of Beaumont and Entergy Texas, Inc. have negotiated the renewal of an electric franchise to operate and conduct an electrical lighting and power business within the City of Beaumont; and, WHEREAS, the franchise rate is modified under the new agreement; and, WHEREAS, in order for Entergy Texas, Inc. to implement and recover incremental franchise costs paid to the City, it is necessary to adopt a procedure to allow for the recovery; and, WHEREAS, an Incremental Beaumont Franchise Fee Recovery Rider provides a mechanism for the recovery of the incremental franchise fee costs; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this ordinance are hereby, in all things, approved and adopted; and, THAT the Incremental Beaumont Franchise Fee Recovery Rider, attached hereto as Exhibit "A" for all purposes, be and it is hereby adopted; and, THAT this Rider FFBE shall become effective upon 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 27th day of March, 2018. SECTION III RATE SCHEDULE Page 101 ENTERGY TEXAS, INC. Sheet No.: 64 Electric Service Effective Date: 4-2-18 Revision: 2 Supersedes: FFBE Effective 1-28-09 SCHEDULE FFBE Schedule Consists of: One Sheet INCREMENTAL BEAUMONT FRANCHISE FEE RECOVERY RIDER PURPOSE This Incremental Beaumont Franchise Fee Recovery Rider ("Rider FFBE") defines the procedure by which Entergy Texas, Inc. ("Company") shall implement rates for recovery of incremental Franchise Fee costs paid to the City of Beaumont. The purpose of this Rider is to provide a mechanism for recovery of incremental franchise fee costs not included in the Company's last general rate case proceeding before the Public Utility Commission of Texas ("PUCT"). II. APPLICABILITY This rider is applicable to all electric service rendered by Company to all retail customers whose consuming facilities' points of delivery are located within the City Limits of Beaumont, Texas, under all retail rate schedules, whether metered or unmetered, subject to the jurisdiction of the PUCT. III. INCREMENTAL FRANCHISE FEE RATE The rate associated with this Surcharge Tariff shall be $0.0015908 for every kilowatt-hour billed by the Company to its retail customers inside the city limits of Beaumont. IV. TERM This Rider FFBE shall remain in effect until modified or superceded by a subsequent franchise agreement with the City of Beaumont. EXHIBIT "A"