HomeMy WebLinkAbout2007-09-18 PMLD Power Contracts Rate Settings and Customer Choice MinutesReading Municipal Light Board of Commissioners
Power Contracts, Rate Settings, and Customer Choice C ' ' V D
September 18, 2007 i i
R ._r;OI G, H ASS.
Start Time of Regular Session: 9:20 a.m. 2098 MAR 2 1 P 3: 5 5
End Time of Regular Session: 10:35 a.m.
Attendees:
Subcommittee Members:
Commissioners:
RMLD Staff:
Messrs. Hahn and Soli
Mses. Kearns and O'Neill
Messrs. Cameron and Seldon
Ms. Parenteau
Mr. Hahn called the meeting to order at 9:20 a.m.
Mr. Cameron provided an update to the subcommittee on the most recent activity on the Cost of Service
Study (COSS) Invitation to Bid process. Mr. Cameron stated that the RMLD had received two bids for the
COSS, the bidders were, Stone and Webster for $65,000 and Black and Veatch for $95,000.
Chair Kearns asked Mr. Soli if he wanted to interview the respondents to the COSS. Mr. Soli replied that
he does not have an idea of what the test year is going to be and he thinks there has to be work performed
to determine this before the COSS starts. Mr. Cameron said that this could be done as part of the early
stages of the COSS.
Mr. Hahn asked Mr. Cameron for the actual operating expenses and capital expenditures for 2005, 2006,
and 2007, and budgets for the same data for 2006 and 2007. The Department will provide this
information.
Mr. Hahn made a motion seconded by Mr. Soli that the Power and Rate Setting, Customer Choice Sub
Committee recommend to the RMLB accept the bid from Stone and Webster to perform the Cost of
Service Study for $65,000, based on the recommendation of the General Manager.
Motion carried 2:0:0.
Chair Kearns then asked if the motion made by the CAB with respect to funding energy saving measures
was going to be taken up by this subcommittee. The consensus of the subcommittee was that the motion
would not be taken up until the Technical Potential Study is completed by GDS later this year.
Ms. Parenteau and Mr. Seldon then gave the subcommittee as well as other attendees a presentation of
power supply in New England and the RMLD's power supply portfolio. The presentation included an
explanation of the interconnected network in New England, the ISO's responsibilities, and the RMLD's
power supply entitlements and contracts.
Discussion ensued.
Messrs. Hahn and Soli thanked Ms. Parenteau and Mr. Seldon for her presentation.
Motion to Adjourn
At 10:35 a.m. Mr. Soli made a motion seconded by Mr. Hahn to adjourn the meeting.
Motion carried 2:0:0.