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File #: RES 16-1912    Version: 1 Name:
Type: Resolution Status: Passed
In control: City Council
Final action: 11/2/2016
Title: Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2016, and directing the Office of Financial Services to review and analyze the rate changes.
Sponsors: Russ Stark
Related files: RES PH 17-56, RES PH 17-57

Title

Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2016, and directing the Office of Financial Services to review and analyze the rate changes.

Body

WHEREAS, on August 19, 2016, pursuant to Section 11(e) of the district cooling franchise (City Ordinance CF 07-1109 adopted December 12, 2007, and modified by City Ordinance CF 13-45, adopted September 25, 2013), District Energy St. Paul, Inc. filed a rate change notice as of October 1, 2016, with the City:

                     Demand: $27.41 per ton per month

                     Energy: $0.098 per ton per hour; and

 

WHEREAS, on August 19, 2016, pursuant to Section 6(e) of the district heating franchise (City Ordinance CF 07-1108 adopted December 12, 2007, and modified by City Ordinance CF 13-45, adopted September 25, 2013), District Energy St. Paul, Inc. filed a rate change notice as of October 1, 2016, with the City:

                     Single Rate: $0.0621 per kilowatt per hour

                     Two Part Rate:

                                          Demand: $5.37 per kilowatt per month

                                          Energy:    $24.15 per megawatt-hour, now therefore be it

 

RESOLVED, the Mayor and the City Council acknowledge the receipt of this notice and direct the Office of Financial Services to review and analyze the rate changes, and report back to the City Council on its findings within 180 days.

 

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