HomeMy WebLinkAbout2008-06-18 RMLD Power Contracts Rate Setting Green Power Committee MinutesReading Municipal Light Department (RMLD) Board of Commissioners
Power, Rate, Green Power Committee Regular Session Minutes
June 18, 2008 RECEIVED
General Manager's Conference Room TOWN CLERK
RE A D11f~G, ASS.
Start Time: 7:00 p.m., n.
End Time: 8:45 p.m. -9 P 1:
Committee Members: Mr. Hahn and Ms. O'Neill
RMLD Board:
Mr. Soli
CAB Member:
Mr. Vale
RMLD Staff:
Mr. Cameron and Ms. Parenteau
Virchow Krause:
Mr. Johnson via speakerphone
Chair Hahn called the meeting to order at 7:00 pm. Chair Hahn began the meeting by stating that
the Committee received the draft Cost of Service Study (COS), the results of which have changed
and that the preliminary proposed rate changes were included in the informational package sent
to the Board.
Mr. Johnson then explained the process Virchow Krause (VK) used to develop the COS. Mr. Soli
asked about how the PASNY credit was allocated in the COS. Mr. Johnson said that the PASNY
costs were allocated the same as the other base power supply costs.
Discussion ensued. Mr. Cameron said that he and VK would look into the allocation of the
PASNY power supply costs.
Mr. Soli also asked why the Forfeited Discounts were not applied as a revenue credit in the COS?
Mr. Cameron said that he instructed VK not to use the Forfeited Discounts as a revenue credit
because the studies Mr. Cameron had done in the past had not included Forfeited Discounts as a
revenue credit. Mr. Cameron went onto say that he and Mr. Johnson would discuss the issue and
of including the Forfeited Discounts in the COS.
At this point the Committee thanked Mr. Johnson for his input and his phone call ended.
Discussion ensued concerning the COS and the need for another meeting.
Mr. Cameron stated that he would get the adjustments made to the COS and bring it back to the
Committee within two weeks
Motion to Adjourn
Mr. Hahn, Aye; Ms. O'Neill, Aye.
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