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HomeMy WebLinkAbout2011-05-16 RMLD Power and Rate Committee MinutesReading Municipal Light Department (RMLD) Board of Commissioners Power & Rate Committee Regular Session May 16,2011 RECE'VFn Start Time: 7:00 p.m. End Time: 8:10 p.m. TOWN CLERK RE7AD1 G, MASS. Attendees: 2011 JUL 12 P 12 3P Committee Members: Messrs. Hahn and Soli, Ms. Snyder RMLD Staff: Messrs. Cameron and Seldon, Ms. Parenteau, Mr. Hahn called the meeting to order at 7:00 p.m. Executive Session At 7:01 p.m. Mr. Soli made a motion seconded by Ms. Snyder that the Power & Rate Committee go into Executive Session to discuss issues related to Chapter 164 Section 47D, exemption from public records and open meeting requirements in certain instances, and return to Regular Session for the release of Executive Session minutes and adjournment. Motion carried 3:0:0. Mr. Soli, Aye; Ms. Snyder, Aye; and Mr. Hahn, Aye. At 7:27 p.m. the Committee re-entered Regular Session. Annual Request for Proposal for Power Supply Ms. Parenteau said that the RMLD is following its Power Supply Strategy of layering and laddering of the RMLD power supply portfolio formulated several years ago. Ms. Parenteau explained the memo and spreadsheet that presented how much energy the RMLD was requesting and for the period 2012 through 2015. Discussion followed. Mr. Hahn made a motion seconded by Ms. Snyder to recommend to the RMLD Board of Commissioners to accept the Annual Request for Proposal for Power Supply as presented by the General Manager and staff. Motion passed 3:0:0. Net Metering Rate Mr. Cameron stated that this rate was brought to the Committee on April 20 and reviewed. The Committee instructed the General Manager to put it in rate form, which the General Manager has done. Ms. Snyder pointed out several typos in the document. Mr. Soli said that Section 9, which is mostly legal requirements with language that should be looked at by lawyers in order to ensure that the RMLD has the required protections in the event of a problem with the customer interconnection. Discussion followed. Mr. Cameron said that he would send this to General Counsel for review. Motion to Adjourn At 8:10 p.m. Ms. Snyder made a motion seconded by Mr. Soli to adjourn. Mr. Hahn, Aye; Ms. Snyder, Aye, Mr. Soli, Aye. Motion carried 3:0:0.