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HomeMy WebLinkAbout2005-08-12 RMLD Power Contract Rate Setting and Customer Choice Subcommittee MinutesPower Contract, Rate Setting and Customer Choice Subcommittee Minutes August 12, 2005 General Manager's Conference Room Attendees: Dick Hahn, Bob Soli, Vinnie Cameron, Bob Fournier, Bill Seldon, Mark Uvanni, Laurie Cavagnaro Meeting started at 2:03 p.m. Commissioner Hahn opened the meeting by stating that the main issue to be taken up was the proposed change to the PASNY Credit. The change was outlined in a memo to the Subcommittee. Commissioner Soli then asked for an explanation of the PASNY credit so he could understand the calculation and how we arrived at this point. Mr. Cameron gave an explanation of the PASNY credit and how the calculation is performed monthly. He went on to explain that the market prices have increased so much that, as the hypothetical unit used in the PASNY calculation, the PASNY credit is higher than the billing for two to three hundred customers. Commissioner Hahn asked where the expense is booked and it was pointed out that the credit is booked as a line item in the power supply expense. Commissioner Soli asked if the credit should be given back on a billing basis similar to how the recent refunds to the customers have been calculated. Mr. Cameron stated that he did not think that would be equitable because of the differences between the Residential A Rate and the Residential Time of Use Rate. Commissioner Hahn asked if there were any alternatives to going to a per kWh calculation. Mr. Soli asked if a hybrid calculation could be done that included a ramping of the per customer charge turning into a per kWh charge. Mr. Cameron asked staff if that could be done and they replied it did not seem to present a problem. , TI .J; c ~wa3