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HomeMy WebLinkAboutRESO 9737DocuSign Envelope ID: 40D10565-9DB5-45E7-BODB-DEFAB39D42CC Resolution No. 9737 Resolution of the Council of the City of Palo Alto Extending Electric Rate Schedule E-1 TOU (Residential Time-of-Use Rate Adjustment) and Repealing Resolution 9495 RECITALS A. On December 10, 2012, the City adopted a voluntary electric time of use (TOU) rate schedule, and on February 23, 2015, extended the rate through December 31, 2017 (Staff Report 5459, Resolution 9495). B. As of December 2017 there are eighty-nine customers on the TOU retail rate and participating in the City's CustomerConnect Program, which enables these customers to lower their electricity bills by shifting their electricity energy use to lower cost periods of the day. C. To continue to serve the current TOU customers and CustomerConnect Program participants, the City wishes to extend availability of the TOU rate indefinitely, or until Council acts to modify or repeal it. The Council of the City of Palo Alto RESOLVES as follows: SECTION 1. Resolution 9495, adopted by the Council on February 23, 2015, is repealed. SECTION 2. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-1 TOU (Residential Time-of-Use Rate Adjustment) is hereby amended as attached and incorporated. Utility Rate Schedule E-1 TOU, as amended, shall become effective January 1, 2018. SECTION 3. The Council finds that the fees and charges contained in the voluntary electric rate schedule amended by this resolution are charges imposed for a specific government service or product provided directly to the payer that are not provided to those not charged, and do not exceed the reasonable costs to the City of providing the service or product. SECTION 4. The Council finds that the adoption of this resolution extending the term, but not the underlying rates, of voluntary electric rate schedule E-1 TOU is statutorily exempt from the California Environmental Quality Act (CEQA), pursuant to California Code of Regulations Title 14, Chapter 3, Section 15273(a), because the fees and charges in E-1 TOU are necessary to recover the cost of providing utility service under the pilot program, and to meet operating expenses. After reviewing the reports presented, the Council incorporates these 171212 jb 6054041