Alan Krcmarik, Finance Manager Ralph Mullinix, Water and Power by air20214

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									AGENDA ITEM:

MEETING DATE: January 17, 2006

DEPARTMENT:      Finance Department / Water and Power
                        Alan Krcmarik, Finance Manager
                        Ralph Mullinix, Water and Power Director
                        Erick Rheam, Key Accounts Manager

DESCRIPTION:     Public Hearing and First Reading on proposed changes to the Interruptible
                 115 kV Transmission Voltage Service, Schedule IP Rate for qualifying
                 electric utility customers.

SUMMARY:         Platte River Power Authority (PRPA), the wholesale power provider,
                 allows the City of Loveland the opportunity to provide specific contract
                 electric rates to qualifying customers in exchange for the option to
                 intentionally interrupt the customer’s electric service.

                 PRPA provides this opportunity through its tariff rate structure, and has
                 recently changed some of the variables in their interruptible tariff.
                 Enclosed is the proposed new rate to account for those changes.

                 The new rate is arranged to be more flexible so that it can adjust with
                 future changes in PRPA’s tariff structures, but allow the City of Loveland
                 to ensure its costs are always covered.

                 Enclosed in this packet is the resolution adopting the revised Interruptible
                 115 kV Transmission Voltage Service, Schedule IP Rate, and PRPA’s
                 Tariff Schedule 9.

COUNCIL ACTION
RECOMMENDED:            Public Hearing and approval of the rate on First Reading.

REVIEWED BY
CITY MANAGER:

								
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