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HomeMy WebLinkAboutAgenda Report - May 17, 1995 (42)• CITY OF LODI AGENDA - REGULAR MEETING Carnegie Forum Date: May 17, 1995 305 West Pine Street, Lodi Time: 7:00 p.m. For information regarding this Agenda please contact: Jennifer M. Perrin City Clerk Telephone: (209) 333-6702 ALL STAFF REPORTS OR OTHER WRITTEN DOCUMENTATION RELATING TO EACH ITEM OF BUSINESS REFERRED TO ON THE AGENDA ARE ON FILE IN THE OFFICE OF THE CITY CLERK AND ARE AVAILABLE FOR PUBLIC INSPECTION ADDENDUM H. Regular Calendar 4. Temporary Suspension of Electric Power Rate Schedule G5 -P Peak Period Demand Charges for Lodi Iron Works Pursuant to Section 54954.2(a) of the Government Code of the State of California, this Agenda was posted at least 72 hours in advance of the schedule meeting at a place freely accessible to the public 24 hours a day. JACrrYURKWORMSIADDENDUM.DOC 5115/95 CITY OF LODE COUNCIL COMMUNICATION °q<rFoa�'�P AGENDA TITLE: Temporary Suspension of Electric Power Rate Schedule G5 -P Peak Period Demand Charges for Lodi Iron Works MEETING DATE: May 17, 1995 SUBMITTED BY: Acting Electric Utility Director RECOMMENDED ACTION: That the City Council approve a temporary suspension of the peak period demand charges on Electric Rate Schedule G5 -P for Lodi Iron Works (LIW) during the months of May, June and July 1995. BACKGROUND INFORMATION: LIW has previously been able to avoid G5 -P peak period demand charges through judicious scheduling of major casting work into non -peak periods (outside of the 3 p.m. - 7 p.m, period). This scheduling has helped the City reduce its need for additional generation resources. LIW anticipates that it may receive an order that will force casting pours into the more costly peak period ($10 in addition to $2.95 per kilowatt). The added charges would remove the economic incentive for LIW to proceed with the order. For reasons not associated with LIW, the Electric Utility Department at this time has surplus'take or pay' capacity. The foregone revenue form the temporary suspension of the peak period capacity charge would not affect budgeted revenue as this revenue was not included in revenue estimates because of LIW's historical load pattern. All energy usage would continue to be billed in accordance with Schedule G5 -P. It is intended that this exception to the Electric Rate Schedule is solely to assist LIW in meeting the special conditions that may be required for the above-mentioned order_ FUNDING: Not applicable. 01& Hans Hansen Acting Electric Utility Director HH/JLS/sh Prepared by, John Stone, Manager, Rates and Resources Icc: City Attorney APPROVED: s1's THOMAS A. PETERSON recycled paper City Manager cc -1 ec1.517 May 15, 1995