HomeMy WebLinkAbout78-2270 ordORDINANCE NO. 78-2270
AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY
SOUTHWESTERN PUBLIC SERVICE COMPanY IN THE CITY OF
PLAINVIEW, TEXAS, PROVIDING FOR ~ EFFECTIVE DATE FOR
SUCH RATE SCHEDULES, AND PROVIDING CONDITIONS UNDER WHICH
SUCH RATE SCHEDULES MAY BE CHANGED, MODIFIED, AMENDED OR
WITHDRAWN.
WHEREAS, on May 12, 1978, Southwestern Public Service Company
filed with the City of Plainview a request for an increase in rates
to be charged within the City in the amount of approximately $22
million per annum on a systemwide basis, and
WHEREAS, the City, having suspended the effective date of such
proposed rate increase by adoption of Resolution No. R78-103,
adopted May 23, 1978, is of the opinion and finds that an increase
in rates should be approved, and
WHEREAS, pursuann to ~41(c) (1) of the Public Utility
Regulatory Act, it is hereby found that payments to the Company's
subsidiary for fuel as paid by the City of Plainview consumers
through the fuel cost adjustment, are excessive and should be
deleted from the Company's cost of service to the extent of such
excessiveness. Therefore, all profits of the Company's fuel
subsidiary, TUCO, in excess of the necessary to acheive a return
to equity during the test year of 13.2~ have been deleted from the
Company's allowable cost of service.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW,
TEXAS:
SECTION 1: That an increase in the rates, tariffs and charges
of Southwestern Public Service Company for electric power and energy
sold within the City be approved in an. amount such that the adjusted
total systemwide operating revenues for the Company be increased
$4,208,964.00 per annum, based on the adjusted test year ending
December 31, 1977. Such Schedule for Rates, as are approved in
accordance herewith, are those under which said Company shall be
authorized to render electric service and to collect charges from
its customers for the sale of electric, power and energy within
the corporate limits of the City until such time as said Rate
Schedules may be changed, modified, amended or withdrawn, with the
approval of the City Council.
SECTION 2: That Southwestern Public Service Company shall,
within ~0 days from the final passage of this Ordinance, file with
the City 'a revised Schedule of Rates and Tariffs setting forth those
rates, tariffs and charges based upon an increase in total operating
~revenues as prescribed herein. Provided, however, that such rates,
tariffs and charges shall contain no provision allowing automatic
increases in fuel costs. Such schedule of Rates and Tariffs may
be modified or amended by the City Council of the City of Plainview
within 20 days from the final passage of this ordinance, otherwise,
same shall be considered approved as filed. Such Schedule of Rates
and Tariffs, as same may be modified or amended, shall be effective
from and after final passage of this ordinance and shall apply to
all power and energy used by each customer after the final passage
of this Ordinance.
SECTION 3: That the action of the City Council of the City of
Plainview enacting this Ordinance constitutes, on the date of its
final passage, a final determination of rates for Southwestern
Public Service Company within the City of Plainview in accordance
with Section 43(e) of the Public UtilJ_ty Regulatory Act.
SECTION 4: Nothing in this Ordinance contained shall be
construed now or hereafter as limiting or modifying, in any manner,
the right and power of the City under the law to regulate the
rates and charges of Southwestern Public Service Company.
SEVERANCE CLAUSE: That should any section, paragraph,
sentence, clause, phrase or work of this ordinance be declared
unconstitutional or invalid for any reason, the remainder of this
ordinance shall not be affected thereby.
That the City Secretary is hereby authorized to cause
publication
accordance wi
the City of
AND IT I
OF PLAINVIEW:
That on
Ordinance No.
introduced on
That on
Browning , Or
the City Coun
day of Oct
f this ordinance in the Plainview Daily Herald in
th Article 13, Section 101 of the City Charter of
lainview.
THEREFORE ORDAINED BY 9~HE CITY COUNCIL OF THE CITY
motion by Tom Almon , seconded by Bill SoRelle ,
78-2270 was read in full and adopted this date and
first reading this the 26th day of September, 1978.
motion by Bill SoRell~ , seconded by Jeane
dinance No. 78-2270 was read by caption and adopted by
~il on the second and final reading this the 10th
ober , 1978.
ATTEST:
M. L. REA, City Clerk
~J ~ -ROBERT 'WAYLAN~, Mayor
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