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HomeMy WebLinkAboutResolution - 2023-R0029 - LP&L Electric Rate Tariff ScheduleResolution No. 2023-R0029 Item No. 6.6 January 10, 2023 RESOLUTION WHEREAS, Lubbock Power & Light is the municipally owned public power utility of the City of Lubbock; WHEREAS, pursuant to Chapter 1, Article XII, Section 1, of the City of Lubbock Charter, the City Council of the City of Lubbock has exclusive jurisdiction to approve all electric rates of Lubbock Power & Light; WHEREAS, the Electric Utility Board is charged with approving and submitting an electric rate schedule ("Rate Schedule/Tariff') for Lubbock Power & Light to the City Council pursuant to §2.03.415(a) of the Code of Ordinances of the City of Lubbock; WHEREAS, the Electric Utility Board may, as required from time to time, submit to the City Council for its approval amendments to the budget and/or Rate Schedule/Tariff pursuant to §2.03.415(a) of the Code of Ordinances of the City of Lubbock; WHEREAS, due to Lubbock Power & Light's plans to opt into retail competition in the Fall of 2023, certain modifications to the Rate Schedule/Tariff are required; WHEREAS, the Electric Utility Board, by Resolution dated December 19, 2022, approved the Rate Schedule/Tariff for Lubbock Power & Light, as amended, and recommended that the City Council adopt the Rate Schedule/Tariff, with an effective date of February 1, 2023; WHEREAS, Chapter I, Article XII, Section 1, of the City of Lubbock Charter and §2.03.415(a) of the Code of Ordinances of the City of Lubbock require that the Rate Schedule/Tariff of Lubbock Power & Light be approved by the City Council prior to its adoption: NOW, THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT Lubbock Power & Light's Electric Tariff, as attached hereto, be approved and adopted with an effective date of February 1, 2023. Passed by the City Council the 10t' day of January, 2023. Tray Pay ayor ATTEST: Bec Garza, City Sec APPROVED AS TO CONTENT: Joe I , Director of E tric Utilities APPROVED AS TO FORM: Jene Sn 0i, LP&L General Counsel