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HomeMy WebLinkAboutResolution - 2024-R0425 - Delivery System Electric Rate/Tariff Schedule, LP&L - 09/10/2024Resolution No. 2024-R0425 Item No. 6.7 September 10, 2024 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 delivery system and discretionary rates of Lubbock Power & Light; WHEREAS, the Electric Utility Board is charged with approving and submitting a delivery system electric rate schedule ("Rate Schedule") for Lubbock Power & Light to the City Council pursuant to §2.03.415(a) of the Code of Ordinances of the City of Lubbock by filing same with the City Secretary; WHEREAS, the Electric Utility Board, pursuant to Tex. Util. Code § 40.055(a), may, as required from time to time, set all terms of access, conditions, and rates applicable to the distribution service provided by Lubbock Power & Light; WHEREAS, the Electric Utility Board approved resolution No. EUB 2024- R 0030 to recommend and submit delivery and discretionary rates to the City Council of the City of Lubbock, pursuant to § 2.03.415(a) of the Code of Ordinances, City of Lubbock; WHEREAS, the Electric Utility Board, by resolution No. EUB 2024-R 0030 on August 30, 2024, also approved the FY 2024-25 Delivery Service Tariff, including delivery and discretionary rates previously approved, and recommended that the City Council adopt the Tariff, with an effective date of November 1, 2024; 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 Delivery Service Tariff incorporating the Rate Schedule 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 the Lubbock Power & Light's Rate Schedule, as attached hereto, be approved and adopted effective November 1, 2024. BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby approves the Tariff for Competitive Retailer Access, as attached hereto.