| | | | | | | | City of Georgetown, Texas
City Council Regular Meeting
May 11, 2021 |
| | | | | | | | SUBJECT:
Consideration and possible action to approve a Resolution denying Oncor Electric Delivery Company LLC’s application for approval to amend its distribution cost recovery factor to increase distribution rates with the City of Georgetown -- Mayra Cantu, Assistant to the City Manager |
| | | | | | | | ITEM SUMMARY:
The City of Georgetown is an electric utility customer of Oncor Electric Delivery Company LLC (“Oncor” or “Company”). The Oncor Cities Steering Committee (“OCSC”) is a coalition of similarly situated cities served by Oncor that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in Oncor’s service area in matters before the Public Utility Commission ( “PUC” or “Commission”) and the courts.
On April 8, 2021, Oncor filed an Application to Amend its Distribution Cost Recovery Factor (“DCRF”) with each of the cities retaining original jurisdiction and with the Commission in Docket No. 50734. In the filing, the Company sought to increase distribution rates by $97.9 million annually. The Commission’s rules allow cities 60 days to act on this application. That deadline is June 7, 2021.
The purpose of the Resolution is to deny the DCRF amendment proposed by Oncor based on the recommendations from the OCSC.
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| | | | | | | | FINANCIAL IMPACT:
If Oncor were to raise its distribution rate there would be an increase to customer’s bill. |
| | | | | | | | SUBMITTED BY:
Mayra Cantu, Assistant to the City Manager |
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