1986-06-23 Regular Meeting of La Porte City Council

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• Ordinance No. 1502 Page 3 3. Adjustments to Invested Capital The adjustments to invested capital include a reduction of $5,496,000.00 in Plant in Service, an increase of $1,243,000.00 in Construction Work in Progress, a reduction of $2,713,000.00 in Fuel Oil Inventory, a reduction of $82,702,000.00 in Working Cash Allowance, a reduction of $64,625,000.00 in Deferred Lime- stone Cost, a reduction of $8,880,000.00 in Unrecovered Storm Loss, a reduction of $29,878,000.00 in Deferred taxes, and a reduction of $5,280,000.00 in Other Cost-Free Capital. 4. Revenue Deficiency The overall non-fuel revenue deficiency is $159,759,000.00. 5. Rate Structure a. Residential The rate structure for the residential customer class is: Summer: Customer Charge of $9.00 per month, which includes 250 kwh all kwh over 251 kwh at 6.2460 per kwh plus: fuel charge of 2.0854 per kwh for all kwh Winter: Customer Charge of $9.00 per month, which includes 250 kwh 251-1,000 kwh at 6.2460 per kwh over 1,000 kwh at 2.9655 per kwh plus: fuel charge of 2.0854 per kwh for all kwh b. All Other Customer Classes The rate structure for all customer classes other than residential is that proposed in the Company's Statement of Intent and Petition for Authority to Change Rates. II. Related Issues 1. The City Council hereby authorizes the Company to utilize the following deferred accounting treatment for certain expenses related to Limestone Unit 2: Beginning on the commercial in-service date as defined by the Public Utility Commission of Texas ("commercial in-service date") for Limestone Unit 2 and continuing for a period of time ending eighteen (18) months after that in-service date or upon the