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03-28-22
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03-28-22
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9/26/2022 6:38:06 AM
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City Meetings
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Proposed <br /> Current 2022 Interim <br />Rate Customer Rate Increase Per <br />Schedule Charge Adjustment Adjusted Charge Bill <br />R-2096-I-GRIP 2022; $18.62 $1.32 $19.94 $1.32 <br />R-2096-U-GRIP 2022 per customer per customer per customer per customer <br />Residential per month per month per month per month <br />GSS-2096-I-GRIP 2022; <br />GSS-2096-U-GRIP 2022 $22.81 $2.12 $24.93 $2.12 <br />General Service per customer per customer per customer per customer <br />Small per month per month per month per month <br />GSLV-627-I-GRIP 2022; <br />GSLV-627-U-GRIP 2022 $295.14 $70.32 $365.46 $70.32 <br />General Service per customer per customer per customer per customer <br />Large Volume per month per month per month per month <br /> <br />the following percentage increases in base rates in an <br />average custome <br />has direct control, which excludes the cost of gas: <br /> <br /> Residential Customer: 6.4 <br /> Commercial Customer: 7.0% increase in average <br /> General Service Large Volume: 15.1 <br /> <br />Including the cost of gas <br /> <br /> <br /> Residential Customer: 2.9 <br /> Commercial Customer: 1.6 <br /> General Service Large Volume: 3.4 <br /> <br />REVIEW AND ACTION RECOMMENDED <br /> <br />is limited, the City should exercise due diligence with regard to rate increases of monopoly utilities <br />who operate within its boundaries, including increases requested under the GRIP statute to ensure <br />compliance with the requirements of that law. <br />produce a rate of return in excess of its authorized rate of return. <br /> <br />To exercise its due diligence, it is necessary to suspend effective date of <br />May 2, 2021, for forty-five days to June 16, 2022, so that the City can evaluate whether the data <br />are correctly done. <br /> <br />Therefore, Special Counsel, the law firm of Herrera Law & Associates, PLLC (through <br />Alfred R. Herrera) recommends that the City adopt a resolution suspending CenterPoi <br />proposed effective date for 45 days. Assuming a proposed effective date of May 2, 2021, <br />June 16, 2021. <br />2 of 2 <br /> <br />
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