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HomeMy WebLinkAboutResolution - 2015-R0346 - Electric Utility Board ERCOT Resolution - 10/20/2015 Resolution No. 2015-RO346 Item No. 4.4 October 20. 2015 RESOLUTION WHEREAS, the City of Lubbock and its municipally owned electric utility. Lubbock Power & Light ("LP&L") are Currently served \,vith wholesale Power delivered through the Southwest Power Pool Regional Transmission Organization ("SPIP",), WHEREAS, the wholesale power contract wherein LP&L acquires its power is to expire May )1,1. 2019 WHEREEAS.' LP&L contracted previously with SOLIthwestern PublicService for the period of time from and after May 31, 2019 to May 31, 2044 for a portion of its power needs (the "SPS" 1...oad"); WHERFAS, LP&L participated in two separate procurement processes regarding power options subsequent to May 11, 2019 (the "Procurement Processes"); WHERI-EAS, the Procurement Processes did not reveal a complete solution fOr IIP&I.., S future power needs; WHEREAS, although the PrOCUrerrient Processes did not reveal a solution in and of themselves, the evaluation of the responses received, along with independent analyses of Regional 'ransinission Organizations and wholesale electricity markets (collectively, the "Analysis"), provided a path forward to LP&L; WHERE AS, the Analysis clearly indicates that the customers of LP&L would be best served by a migration of its load, less and except the SPS Load (the "ERCOT Load"), from SPP to the Electric Reliability Council or Texas Regional Transmission Organization ("ERCOT"'): WHER]"AS, the rnigration of the ERCOT Load to ERGOT will require regulatory activities at ERCOT and before the Public Utility Commission of' `rexas (the WHEREAS, the City Council of the City of Lubbock desires that all regulatory activities be initiated and undertaken in an effort to cause the migration ofthe I'ACOT Load to ER(70T: NOW, THEREFORE: BE IT RESOLVED BY THE" CITY COUNCIL OFTHE CITY OF LUBBOCK: TI W17, to the extent the City Council possesses governance jurisdiction over LP&[,, as prescribed by the City Charter and Ordinances of the City of Lubbock, including without limitation. Chapter 1. Article XII, Section I of the City Charter and Chapter 2, Article 2.03", Division 12 of the Code of Ordinances, the Director of Electric Utilities BF' and is hereby authorized and directed,, for and on behalf' of the City of Lubbock, to execute or cause to be executed any and all pleadings, rep orts. studies or other filings (collectively, the "Pleadings-) required by. advisable to be filed with, ERCOT and/or the PUC, and to file or caused to be filed the Pleadings, and to present testimony and otherwise provide support, within and bcf'orc ER(70T and/or the PLIC. in an effort to cause the migration of the ERCOT I-oad lona SPI) to ERCOT. Passed by the City Council this 20th day of October, 2015, ATTEST: Gt,L AO ZBt RTSON, Mayor Reb, ca Garza, City Secretar APPROVED ASTO CONTENT: Xl)—,Ivid�—McC,aa-.--Diirector of I.,"Iectric I Jtilities APPROV FJ) AS TO U'ORM: ........... Richard Casner, LP .:L General Counsel