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File #: RES 19-1437    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 9/18/2019
Title: Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2019, and directing the Office of Financial Services, the City Attorney’s Office, and City Council Operations to review and analyze the rate changes.
Sponsors: Amy Brendmoen
Related files: RES PH 19-294, RES PH 19-293

Title

Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2019, and directing the Office of Financial Services, the City Attorney’s Office, and City Council Operations to review and analyze the rate changes.

Body

WHEREAS, on August 16, 2019, 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, 2019, with the City:

                     Demand: $29.28 per ton per month

                     Energy: $0.098 per ton per hour

Transition Rate: $0.390 per ton per hour; and

 

WHEREAS, on August 16, 2019, 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, 2019, with the City:

                     Single & Transition Rate: $0.0596 per kilowatt per hour

                     Two-Part Rate:

                                          Demand: $5.63 per kilowatt per month

                                          Energy:    $19.90 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, the City Attorney’s Office, and Council Operations to review and analyze the rate changes, and report back to the City Council on its findings within 180 days.

 

 

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