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HomeMy WebLinkAbout2004-03-21 RMLD Power and Rate Committee MinutesMinutes of Rate/Power Subcommittee Meeting RMLD Board of Commissioners Date March 21, 2004 Time: 10:00 a.m. Place: Cafeteria Attendees: Messrs. Soli and Ensminger Mr. Cameron Messrs. Soli and Ensminger discussed the approach used to perform the Cost of Service Study. Mr. Cameron commented that Vermont Energy Ventures would be at the Rate Subcommittee meeting on March 30. The Department will see where it goes as far as the Cost of Service. This meeting will dictate the subsequent meetings the Board will have on this matter. Mr. Cameron explained the allocation methods used for allocating the Customer Charge, Demand Charge and Energy Charge. The Customer Charge included Customer Costs, which result in the ultimate delivery of the Customer Bill. The Demand Charge included costs relating to Fixed Charges in the Power Supply, Transmission and Distribution Costs and other Fixed Costs. The Energy Allocation included some Distribution Costs, which are incurred on an annual basis along with some Administrative Costs. Discussion ensued concerning the back up to how the allocation factors were arrived at. There were some questions Mr. Cameron answered and some that would be answered when Vermont Energy Ventures performed their present Class Cost of Service Study for the RMLD Board. r., tom' LAJ