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HomeMy WebLinkAbout1998-0318 Study Session PACKET A awl- Ay� Ti/ Oct Cost-of-Service and Rate Design Study City Council Presentation SL p7iv-.. r .y 4 City of Ashland " Department of Electric Utilities =; March 18, 1998 i mew "■ Summarize study objectives =A Discuss issues facing electric utility `., .M Describe cost-of-service study and rate design process ■ Present preliminary results ■ Discuss rate design considerations e Study Objectives F =■ are for competitive environment Develop rates that. !N 7 '' • send appropriate price signals to customers • ensure sufficient flexibility to allow offering of additional products and services in the future x • eliminate problem of cross subsidies • Provide cost-of-service model for utility • Identify longer-term rate design issues I Issues Facing Electric Utility t ■ Competition k Service and rate unbundling ■ Need for marginal cost data ■ Funding for General Fund IA �i MI5 x akdown of Revenue Uses S ph 8; S6s1,721 NSO,F7i L 3% fFM.3F1 F,n IM 10% "W737 ; Carsmtlon FuM � � Ebt4k mrfn FOOF � �:?Y:'y xl �+ 13.F mIYbnro GFnFnI 4i TOW 1888-97 R�S: f0.313,9W 2 t-of-Service and Rate Design r cess ■ Typical electric system ■ Purpose of cost-of-service analysis Overview of ratemaking process ■ Review current rates ■ Comparison with other utilities Tay, ical Electric System PRODUCTION TRANSMISSION I Ind4qustrial Commercial DISTRIBUTION Wholesale,_ Service S� u, .. Residential •ii DWI Direct Service Customers 3 P _ Poses of a Cost-of-Service Analysis �N. • Financial stability: Revenues sufficient to F meet costs for projected u t period • Equitability: Fair charges for electric service • Efficiency. Encourage appropriate cost-based usage (conservation) rview of Electric Ratemaking Process Utility Information is Customer and sales projections ■ Operating budgets and CIP i .� ■ Other assumptions IN Revenuerequiramenb '? Check adequacy of rates CosFOf-service analysis Rate design Rate Recommeodstion 4 v Review Current Rates Y ■ Residential �t■ Commercial Institutional ■ Time-of-Use s 1=,r R idential Rates - Schedules 4 and 10 Residential Seasonal (Sch.4) (Sch.10) ---., Basic Charge $ 4.90 $ 5.45 Energy Charge(cents/kWh) up to 300 kWh 3.953 4.714 over 300 kWh 4.395 4.934 Ste; 5 C mmercial Rates - Schedule 25 Y' Single-phase Three-phase ry Basic Charge 1 uptol5kW $ 6.40 $ 11.00 16.100 kW 6.40 11.00 101.300 kW 6.40 11.00 over 100 kW 20.01 24.57 Basic Incremental Charge(cents/kW) "i uptol5kW - - d 16•100 kW 63.80 63.80 101.300 kW 54.60 54.60 3] over 300 kW 50.05 50.05 Demand Charge($mW) uptol5kW S $ - over 15 kW 1.85 1.85 Energy Charge(cents/kWh) up to 1,000 kWh' 5.728 5.728 1,000.20,000 kWh 4.104 4.100 over 20,000 kWh 3.847 3.847 Energy charge for usage up to 3,000 kWh drops to 5.22 cmftAdNh during the `:- eta summer MnIhs stay-October. t In' titutional Rates - Schedule 30 Single-phase Three-phase _ Basic Charge uptol5kW 5 8.00 S 11.65 16.100 kW 8.00 13.65 101.100 kW 8.00 13.65 over 300 kW 25.03 30.73 Basic Incremental Charge(centslkW) uptol5kW 1.100 kW 79.70 79.70 -300 kW 68.30 68.30 over 100 kW 62.60 62.60 °� Demand Charge(SIkW) '- uptol5kW $ $ over 15 kW 2.06 2.36 Energy Charge(centalkWh) -�� up to 1,000 kWh' 7.160 7.160 Yi 3,000.20,000 kWh 5.130 5.130 over 20,000 kWh 4.809 4.809 •y:p„( ' Energy charge for wage up to 3,000 kWh drops to 6.525 cents/kWh during the six summer months May.October. 6 Time-of--Use Rates - Schedules 48 and 50 Large fyy LL' General General s v � Service Service (Sch.48) (Sch.50) Basic Charge $ 81.00 6 78.00 ............. Basic Incremental Charge(cents&W)' up to 1,000 kW 15.1 56.0 .ia:f over 1,000 kW 41.0 50.0 Demand- ($/kW peak period demand) $ 218 $ 2.75 Energy Charge(cenblkWh) 2.985 5.610 'For bask charge calculation,kW load she b the average of the two greatest {{ nonasru monthly demands during the 12month period ending with the current billing month. 'Pak period Is Monday tloough Friday,6:00 am.to 10:00 p.m. ..A C parison With Other Utilities Small large Wlity Residential Commercial Commercial Ashland-wtihoutusertax 6 41.05 S 255.96 S 7,310.11 Ashland•with user tax $1.31 517.15 9,175A1 Pacific Power 6 Light W28 28731 7,110.10 Portland General Electric 5135 260.36 8,360.95 - i Eugene Waleri ElectrlcBard 3931 215.86 7,168.17 ,p::......-.. Springfield Utilities Bard 38.61 155,50 6,719.20 Emerald People's U6gty Dlsbkt 28ae 2WLW 8,110.70 Clatskanie People's Utility District 22.81 111.07 5,156.29 Central Lincoln People's Utility District am 27131 7,999.40 _. Umatilla Electric Cooperathm 16.56 230.00 7,509.00 Central Electric CooperaUa,Inc. 51.58 277.00 8,12250 .] Avenge(wlMUSerta) $ 43M S 21231 S 7,633.17 Y„ Key Assumptlom: Monthly Usage Monthly Demand k°. Residential 860 kWh Small Commrcial 1,000 kWh 32 kW fa=t large Commercial 111,000 kWh 730 kW 7 P liminary Results q , _ . t ■ Key input assumptions ■ Historical and projected operating results Potential overall rate decrease ■ Preliminary cost-of-service results Input Assumptions Rate design time horizon: 3 years =: Continued regulation ■ Hydroelectric facility start-up in June 1998 ■ Growth rate: 1.5% per year ■ Reduced conservation funding ■ Power supply unit rates continue at current level w 8 1 Fiffil tor ical and Projected Operating sults & RbbH.1 n8 9w31"N OPnUb$Rn.m ate %S+5� tfASePeo =Y.'A i.Afe.wa i� H.MO.MO ' i)AOU.oaO ��'� 31Aw.000 ]9157 Ini I1f] 1991 1911 I000 ]WI loa] pee) Iffl I1f] If11 n nr I- Y-Rm���•M�Rt.�y-Mn BtM��� Pr posed Overall Rate Decrease R0p01.0OwN RW O.v..f.01).Sy ,h PmI nin6l)Resub Fwl V.. 1997-98 199699 199940 2 l 200142 200243 +rF� R.F.. R.W. f),6b,0 0(71110 3A91,U1 $6,009.66 NM U251.995 P tb U 0 (5 ,118) (55 ) 16 ,182) (M.53) (6!90 ) Cb.ph lln Wt E.nBp 9147 0.615 14,181 58,693 N.M 1 Orir R...nuw )16.000 U90M 651.070 168.000 159014 118.000 MFUb6 R.wnwt feA78,aM 57)M0l 0,759.175 57,681vs 67(92.7" se.1M.141 .} B. UAU277 0593.265 57,67$18 $7.912.OM U.061,672 $0.172.?M N1Y.6nnb b Plb Chv 118,3121 159.1141 160.0911 (wan) 161,6901 X.I EpO.nwi 98.181277 S7 18,63 $),612,]29 $9,8U,011 $),9U,69] 68,110,&0 B ABUNBe(Nw O206A7) 3199.67$ 3116.815 ($670) $12.07 (U1n) FI B.bnw SW ,Y"p SIA92,6U 91,]18,38] $IAU,MS 12,13;90 $2,IU,231 0,1",318 iY Sltw.w lD.aw"1 (MUM $1996)8 $119815 (3679) $12,07 (U,2P) YUp $1}18,367 $1,9U,M5 (2,132,910 $2,132X31 $2,111,30 $2,110,081 9 Impact on General Fund -m Impact on a, n General Fund at Maximum Potential Rate Decease Franchise Fee ($58,312) User tax(251/6) (126,831) Total ($185,143) �1 e Design Considerations Size of rate decrease mApply rate decrease • equally to all customer classes • based on cost-of-service results f` ■ Move towards cost-of-service ■ Tariff complexity ■ Alternative scenarios to be provided x.•Y 10