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HomeMy WebLinkAboutStaff Report 2096City of Palo Alto (ID # 2096) Finance Committee Staff Report Report Type:Meeting Date: 11/15/2011 November 15, 2011 Page 1 of 2 (ID # 2096) Summary T itle: Update Report on Electric Undergrounding Title: Update Report on the Electric Overhead to Undergrounding Conversion Program From:City Manager Lead Department: Utilities Recommendation This is an update report on the Electric Overhead to Underground Conversion Program for the Finance Committee study session. No committee action is required. Executive Summary The purpose of this report is to provide information to the Finance Committee on the Electric Overhead to Underground Conversion Program for the study session. Attached are two previous UAC reports that were prepared by staff on the undergrounding program. These reports provide background information, current status of the program, options for continuing the current program, and an option for accelerating the program. Included in the report are rough cost estimates for the various program options. Staff will be returning to Council with a recommendation on a process to engage the community in the discussion about the future plans for the Electric Overhead to Underground Conversion Program. Attachments: ·-a:Attachment A_UAC Underground Report -Sept 2011 (PDF) ·-b:Attachment B_City Map of Underground Conversion Areas (PDF) ·-c:Attachment C_UAC Undergrounding Report -Jan 2010 (PDF) ·-d:Attachment D_Excerpt of Draft UAC Minutes from September 7, 2011 (PDF) Prepared By:Tomm Marshall, Assistant Director Department Head:Valerie Fong, Director 3 Packet Pg. 112 November 15, 2011 Page 2 of 2 (ID # 2096) City Manager Approval: ____________________________________ James Keene, City Manager 3 Packet Pg. 113 Page 1 of 8 1 MEMORANDUM TO:UTILITIES ADVISORY COMMISSION FROM:UTILITIES DEPARTMENT DATE:SEPTEMBER 7, 2011 SUBJECT:Report on the Status and Future Alternatives to Consider for Completion of the Electric Overhead to Underground Conversion Program _____________________________________________________________________________ The purpose of this report is to present options for changes to the Electric Overhead to Underground Conversion for review and discussion by the Utilities Advisory Commission (UAC). This report is a follow up to the status report presented to the UAC on January 6, 2010. EXECUTIVE SUMMARY On January 6, 2010, staff presented to the UAC a report on the status of the overhead to underground conversion program and alternatives for continuing the program. That report contained background information on the history of the program; benefits and disadvantages of underground electric facilities; how underground districts are established, constructed, and funded; and alternatives for the future of the program and is included with this report as Attachment B. This report provides data on three alternatives for the Underground Program:continue the program on the current time line, discontinue the program, or accelerate the completion of the program. The report also provides some options for possible funding sources for the program. Undergrounding of the 60kV transmission system and the overhead lines in the foothills is not included in this report; those poles will remain in place. BACKGROUND Historically, approximately 2% of the annual electric revenue has been used for funding an undergrounding program in an underground district,which typically takes three years to complete. The undergrounding program was started in 1965 and approximately 46% of the City has been either undergrounded through overhead to underground conversion or was originally developed with underground utilities. Most of the areas of the city that were converted from overhead to underground were considered General Public Interest and Benefit Undergrounding (see Attachment B for definition) projects and focused on highly traveled areas and business districts.Due to this status, AT&T reimbursed the City for the cost of installation of their substructures. As reported in January 2010, most of the remaining undergrounding will be in areas that are 100% residential neighborhoods. The underground tariff under which AT&T operates,California Public Utilities Commission (CPUC)Rule 32 (A)1, does not require AT&T to pay for telephone substructure work in most residential neighborhoods.The funding restrictions in this tariff mean that any additional 3.a Packet Pg. 114 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 2 of 8 costs associated with AT&T work due to undergrounding of electric facilities will have to be funded by the City and its customers. The funding change will increase the undergrounding substructure costs by 20% and the overall construction costs by 10%. In the past, AT&T funded its substructures in a small number of residential areas even though AT&T was not strictly required to under the tariff. However, AT&T has indicated in discussions with Staff that it will strictly follow the tariff in all future undergrounding projects. It should be noted that the CPUC has not established contribution rules for cable TV so Comcast is still required to fund its share of the undergrounding. STATUS Approximately 46% of the City’s electric, telephone, and cable systems are underground, the majority in commercial areas of the city. Approximately 2,400 residences have been converted from overhead to underground service and all new housing developments are constructed with underground utility facilities.The overhead lines for approximately 14,050 homes remain to be undergrounded and the current program undergrounds facilities for approximately 150 to 200 homes per Underground District. It should be noted that an underground electric system has a design life of 40 to 50 years. While the conduit and other substructure should last well beyond this timeframe, the electric cable and equipment needs to be replaced about every 50 years. Currently, staff needs to rebuild one district each year at an annual cost of up to $1.9 million to maintain an appropriate replacement cycle. CAPITAL COST OF UNDERGROUNDING The cost to complete the undergrounding of the entire city, excluding transmission lines and the foothills, is estimated at present value to be $281 million. The Electric Utility would be funding approximately $155 million of the cost, AT&T’s share is $28 million, and Comcast’s share is $28 million of the total. Property owners would be responsible for the remaining $70 million of the total cost as they are responsible for the cost of conversion of their electric service from overhead to underground. This is typically in the range of $5,000 to $10,000 per home, depending on the amount of work required or desired by the customer.Table 1 shows a breakdown of the typical cost of undergrounding per home. If the City proceeds with the program at the present rate of one district every 2-3 years, it is expected to take more than 70 years to complete the undergrounding of the entire city. The Capital and Operation & Maintenance (O&M) Funding requirements for the Overhead to Underground Conversion program are presented in Figure 1 (on page 6) and Figure 2 (on page 7). Category Per House Total Remaining Approximate Total Cost $20,000 $281,000,000 Electric Facilities (55%)$11,000 $155,000,000 AT&T Substructures (10%)$2,000 $28,000,000 Comcast Substructures (10%)$2,000 $28,000,000 Customer’s Service Conversion (25%)$5,000 $70,000,000 Table 1: Typical breakdown of the costs of Overhead to Underground Conversion Projects 3.a Packet Pg. 115 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 3 of 8 COMPARISON OF OVERHEAD AND UNDERGROUND ELECTRIC SYSTEMS The current makeup of the electric system is 54% Overhead and 46% Underground. The information in Table 2 compares some of the key characteristics of the two systems on an annual basis: Existing System Description 54% Overhead 46% Underground 100% Underground (Excluding 60 kV & Foothills) Difference Capital Cost to maintain Existing System (i.e. system replacement, etc.) $2,000,000 $1,900,000 $4,300,000 + $400,000 Operation and Maintenance Cost $3,900,000 $3,700,000 $9,000,000 + $1,400,000 Reliability -total Customer Minutes of Interruption for FY 2011 1,557,311 334,874 728,000 1,164,185 reduction Table 2:Overall annual cost of ownership of the electric system. Costs for “Existing Overhead”and “100% Underground”include transmission line replacement projects. Conversion of the remaining overhead system to underground would result in an annual increase in Capital Cost of $400,000 and O&M cost of $1.4 million. Based on FY 2011 outages, the conversion of the remaining overhead system to underground (excluding the foothills and 60kV lines)could result in a reduction of 61% in the total customer minutes of outage. FUTURE OPTIONS FOR PROGRAM Staff has reviewed several options for the undergrounding program: Option 1: Discontinue the program There are costs other than the initial capital cost to place overhead facilities underground that need to be considered in the decision to continue the program. These include maintenance, inspection, replacement, and reliability. A comparison of the costs of Overhead and Underground electric systems is provided later in this report and is summarized in Table 2. Discontinuing the program could result in an immediate decrease in rates of up to 1% (amount budgeted to fund this program). There would also be savings to the Electric Fund in later years due to a reduction in underground equipment that needs to be replaced. Option 2: Proceed at the current rate of construction under existing rules Staff will continue to work with AT&T in finding potential non-residential areas for undergrounding that qualify under Rule 32 (A)1. Once these areas are exhausted, reimbursement for AT&T’s substructures would cease.At that point the program would be discontinued. Option 3:Pursue CPUC rule change In order to continue the undergrounding program as in the past, the City could try to obtain a CPUC rule change that permits full cost recovery by AT&T and Comcast and appropriate reimbursement by the City for AT&T’s and Comcast’s substructure costs. If a CPUC rule change is successful, then the 3.a Packet Pg. 116 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 4 of 8 remaining areas can be undergrounded in approximately 70 more years if conversion is done at a rate of one Underground District per year. It should be noted that seeking a CPUC rule change is a very complex process, and would require significant time and a budget for dedicated legal resources. If this process is undertaken, the City would need to align itself with other municipally owned utilities in California and it could be years before any result is obtained, with no guarantee that the endeavor would be successful. Option 4:Pursue AT&T surcharge from residents for AT&T Costs In order to continue the program with AT&T participation, the City could request that AT&T pursue a surcharge on their customers in the city to pay for the undergrounding costs. The funds collected through this surcharge would be used to replace those reimbursed to the City under CPUC Rule 32 (A)1 and continue the undergrounding program as its current rate. This option puts the burden of collecting the funds on AT&T and would impact only those residents who utilize AT&T land based communications lines, which is shrinking due to increased use of wireless communications.The amount of the surcharge would be based on the scope and schedule of future undergrounding projects. Just as in Option 3, this could be a very complex process and require significant staff time and budget to achieve. Option 5:City funds costs formerly covered by AT&T Continue the program with the Electric Fund funding the Electric cost, Comcast funding its costs,and the City or the property owners paying the telephone substructure costs. This program would be continued at the current funding rate. Pursuit of Option 5 could be done in several ways, each of which would require additional legal and feasibility research before moving forward. These include: Assessment Districts –Establish assessment districts that match the underground districts. The properties within a given underground district would be the only ones assessed for these costs. Rate increase or fixed charge for all customers –The cost would be distributed to all electric customers. An average rate increase or a fixed charge for 30 years equivalent to $32 (today’s dollars) per year per customer would be needed to cover these costs. Rate increase or fixed charge for residential customers only –The cost would be distributed only to residential customers, as these are the areas where AT&T has indicated that it will not reimburse the City. An average rate increase or a fixed charge for 30 years equivalent to $38 (today’s dollars)per year per customer would be needed to cover these costs. Bond financing –Pursue financing through city-issued bonds. Bond financing could cost $2.5 million over the next 30 years. Depending on which funding method is used,those that have already had their areas undergrounded would not be assessed additional charges to cover costs formerly paid by AT&T. To date, a majority of the funds collected for the undergrounding program have come from commercial customers,and these funds have been primarily applied to the electric systems that serve commercial customers as they comply with CPUC Rule 32 guidelines. In addition, there are some residential areas that directly benefitted from the current program. 3.a Packet Pg. 117 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 5 of 8 ACCELERATION OF PROGRAM FOR EARLIER COMPLETION Any of the options described above could be accelerated. At its current rate of construction,staff estimates it will take 70 years to complete the undergrounding of all overhead facilities in the city. In order to complete the program over a 30-year period, additional funding is required to fund the electric substructures in addition to any costs associated with paying for AT&T substructures. These funding options include: Assessment Districts –Assessment districts could be established that match the underground districts. The properties within a given underground district would be the only ones assessed for these costs. Rate increase for all customers –A rate increase equivalent to an average of $210 per customer per year for 30 years would be required to fund an acceleration of the program. This includes costs associated with paying for AT&T substructures, but does not include the individual service conversion cost (ranges from $5000 to $10,000) that each property owner would pay to connect to the new underground system. Rate increase for residential customers only –A rate increase equivalent to an average of $249 per customer per year for 30 years would be required to fund an acceleration of the program. This includes costs associated with paying for AT&T substructures, but does not include the individual service conversion cost (ranges from $5000 to $10,000) that each property owner would pay to connect to the new underground system. Capital Costs 0 2000 4000 6000 8000 10000 12000 14000 16000 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 Years In $000 Dollars Current (70 yrs) Discontinue Accelerated (30 yrs) Figure 1:This chart compares the annual capital required if we discontinue the undergrounding program, continue at our current rate (70 year completion), and continue at an accelerated rate (30 year completion). Dollars are not escalated (today’s dollars). 3.a Packet Pg. 118 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 6 of 8 O&M Annual Expense 0 2000 4000 6000 8000 10000 12000 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 Years In $000 Dollars Current Discontinue Accelerated (30 Years) Figure 2:This chart compares the annual O&M required if we discontinue the undergrounding program; continue at our current rate (70 year completion);and continue at an accelerated rate (30 year completion).Dollars are not escalated (today’s dollars). Cumulativ e Capital Cost 0 100000 200000 300000 400000 500000 600000 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 Years In $000 Dollars Current (70 years) Discontinue Accelerated (30 years) Figure 3:This chart shows the cumulative capital required if we discontinue the undergrounding program; continue at our current rate (70 year completion); and continue at an accelerated rate (30 year completion). Dollars are not escalated (today’s dollars). 3.a Packet Pg. 119 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 7 of 8 Cumulative O & M Expense 0 100000 200000 300000 400000 500000 600000 700000 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 Years In $000 Dollars Current (70 Years) Discontinue Accelerated (30 Years) Figure 4:This chart shows the cumulative O&M required if we discontinue the undergrounding program; continue at our current rate (70 year completion); and continue at an accelerated rate (30 year completion). Dollars are not escalated (today’s dollars). The charts in Figures 3 & 4 show the cumulative effect on cost of the three alternatives over time. Accelerating the undergrounding program could result in an extra $200 million in Capital Cost and $100 million in O&M expense when compared to the current rate of construction. NEXT STEPS A recommended next step is to obtain public opinion on the different options and the overhead to underground program in general. This could be accomplished through phone, mail, or online surveys; social media; town hall meetings; or during Council meetings. The fundamental questions to be answered are: ·Should CPAU continue with program? ·How much are customers willing to pay to continue program? ·How should future projects be funded: rate increases, bonds, special assessments, other methods? Staff will return at a future date with a report on the public’s opinion. RESOURCE IMPACTS Funding and staffing needs, as a part of, and a result of, the Overhead to Underground Conversion Program will be impacted by the future policy decisions on the direction of the program. The program cannot be completed in 30 years with existing resources. Initially acceleration of the program would require the addition of 3 Engineers and 1 Engineering Tech/Estimator. Operations would need 2 inspectors initially and one 4-man crew for construction of projects in year 3 of initiating 3.a Packet Pg. 120 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Page 8 of 8 the undergrounding program when electrical construction commences. Additional resources may be required in subsequent years. POLICY IMPLICATIONS This project supports Utilities’ Strategic Objectives C1 –Provide Reliable Service and BP3 –Replace infrastructure before the end of its useful life. ATTACHMENTS: A:Map -Existing Underground Districts B:Staff Report to the UAC dated January 6, 2010 on Current Status and Future Alternatives to Consider for Continuing the Electric Overhead to Underground Conversion Program (without attachments) PREPARED BY:PATRICK VALATH, Management Specialist TOM TING,(Acting) Electric Engineering Manager REVIEWED BY:TOMM MARSHALL,Assistant Director, Engineering APPROVED BY:__________________________ VALERIE O. FONG Director of Utilities 3.a Packet Pg. 121 -: A t t a c h m e n t A _ U A C U n d e r g r o u n d R e p o r t - S e p t 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.b Packet Pg. 122 -: A t t a c h m e n t B _ C i t y M a p o f U n d e r g r o u n d C o n v e r s i o n A r e a s ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 123 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 124 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 125 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 126 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 127 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 128 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) 3.c Packet Pg. 129 -: A t t a c h m e n t C _ U A C U n d e r g r o u n d i n g R e p o r t - J a n 2 0 1 0 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) DRAFT UTILITIES ADVISORY COMMISSION MEETING EXCEPTED MINUTES OF SEPTEMBER 7, 2011 NEW BUSINESS ITEM 1: DISCUSSION: Report on the Status and Future Alternatives to Consider for Completion of the Electric Overhead to Underground Conversion Program Assistant Director Tomm Marshall introduced Senior Electrical Engineer Tom Ting, who provided a presentation on the information contained in the written report. Chair Foster opened the floor to clarifying questions from the commissioners. Commissioner Eglash asked if other cities do undergrounding, or have overhead systems, and does it depend on if it's a new development. Marshall responded that underground utilities are required in new developments in Palo Alto and other cities, but PA has many older neighborhoods that would need to be converted from overhead to underground. Commissioner Melton asked for clarification on prior information regarding funding the AT&T costs. Could Utilities pay for these costs or would they need to come from the general fund? Marshall responded that he would need to clarify with the City Attorney’s office, but if they cannot be collected from rates, there may be other ways, such as assessment districts. Commissioner Melton asked if every property owner must agree to an underground district and how do you work with customers who refuse conversion. Marshall stated that the decision on an underground district is the Council’s. Staff will survey customers in an underground district on their level of interest and provide the results to Council who make the final decision. Once established, all customers must convert from overhead to underground service. Commissioner Waldfogel asked if the $5000-$10,000 cost of conversion is a cost that the homeowner has to pay. Marshall responded this is correct. Commissioner Waldfogel asked if the substructures work was done concurrently. Marshall stated that the cost estimates are based on joint trench construction which provides significant savings on costs. The primary cost of the work is digging the trench and restoration. Commissioner Waldfogel stated that if AT&T does not participate in the undergrounding with the other utilities it could put them at risk for a higher cost should there be a City rule change that requires undergrounding of facilities in the future. Marshall stated they would likely fall back to the CPUC rules on undergrounding. Public Comment Jeff Hoel asked why anyone would do an underground district if the cost to maintain it was higher than aerial systems. The current report indicates a 10% AT&T, 10% Comcast, and 80% CPAU and customer split. It was previously reported that cost was split into thirds between the three utilities. Gary Lundgren recommended accelerating the undergrounding program. He recommended not pursuing the option to change a rule at the CPUC as it would be too costly for legal fees. He stated that the AT&T cost was only 10% of the cost so the City or customers should pay that. He also 3.d Packet Pg. 130 -: A t t a c h m e n t D _ E x c e r p t o f D r a f t U A C M i n u t e s f r o m S e p t e m b e r 7 , 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) noted that it is a good time to do undergrounding projects as there is the possibility of getting federal stimulus grants and installation costs can be low in this economic environment. Herb Borock noted that the useful life of an undergrounding is identified as 30-40 years in one report and 40-50 years in another. He stated that it should be at least 50 years. He asked who paid for the Electric Fund’s share of the costs – residents, businesses, or all customers. He stated that the rebuilding of underground districts delays the construction of new districts. These should be done in addition to the new projects. He suggested an alternative, which we may not like, is to underground just the electric service and retain the AT&T lines on the aerial poles. He stated that the main concern is the equity with the entire City paying for the undergrounding in certain areas. Commissioner Discussion Chair Foster asked for clarification on the split of costs between the three utilities. Marshall stated that the 60-20-20 split that was previously reported was only for the substructures. It did not include the cost of electrical facilities. Commissioner Eglash stated there is a question of equity and fairness across the City. Residents appreciated the aesthetic benefit and any decision to stop leaves some with and some without. A decision to discontinue the undergrounding program may need to be brought to a vote of the people. He is struck by the cost of completing the program ($281 million) and ongoing maintenance. He does not see a sensible way to proceed given these costs, but we need to involve public in discussion. Commissioner Keller was struck by the cost and concerned about the equity issues. She stated we should try to quantify the value of the benefits – property value, safety (fire, etc.), improved reliability; less exposure to EMF’s – noted in the report from January 2010, and maybe ask real estate professionals for advice to better compare the costs and benefits. Commissioner Waldfogel asked what is or was the rule that required undergrounding at homes. Marshall replied that there was a rule that required boxes be placed in the sidewalk and that services be underground, but this was changed about 10 years ago since facilities were in wrong place and had to be abandoned. Commissioner Melton agreed with speaker Lundgren not to pursue any changes with the CPUC. He stated that we need to proceed under our existing rules. He is torn between cost and desire to have facilities undergrounded and felt that it would be best to put the alternatives before the public to decide which direction to move in. We should move as quickly as we can to a decision. Commissioner Keller stated she is not necessarily a proponent of undergrounding, but wants to see benefits quantified. She also felt that we should look at how else we could spend the money needed for this program. Commissioner Waldfogel stated that the accelerated program would cost $17.50/month per customer so should show the public this as it may be affordable. Commissioner Eglash asked how much of system is already underground. Marshall stated half of city, but only a small amount of residential areas. 3.d Packet Pg. 131 -: A t t a c h m e n t D _ E x c e r p t o f D r a f t U A C M i n u t e s f r o m S e p t e m b e r 7 , 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g ) Commissioner Melton stated that the remaining areas to be undergrounded are residential and primarily a residential issue. It is not just $17.50 per month per customer, but also the cost of converting their services. Commissioner Eglash stated that approximately half of the city has underground facilities which should be kept in mind in terms of equity. Marshall stated that some of these facilities went in underground when the area was developed and that a majority of the money for undergrounding has come from business customers, collected through the rates, who make up 80% of our revenue. Commissioner Cook disagreed with AT&T’s position that the residential areas were not of public benefit, felt that we should continue the program with all customers paying for cost, we should not vote to discontinue the program, and advocates moving forward with the accelerated program. Commissioner Keller asked if we always know that maintenance cost was higher for underground systems. Marshall replied yes, this was not a surprise as this was noted in reports in the 1960’s. He also mentioned that the old cables lasted 30-40 years, but new ones are expected to last 40-50 years. Commissioner Keller felt that we should sit back and reassess for residential areas. The fact that it was a good idea in the past is not a reason to continue now. Chair Foster requested clarification on costs. All customers would pay $230 (if paid by residential customers only) per year for 30 years and those being undergrounded would also have to pay to underground their services. Marshall stated yes. Marshall stated that we will return to UAC after discussions with Finance Committee. Commissioner Melton wanted to go on record that the UAC is in support of staff pursuing a survey with the public with a sample size large enough to adequately represent how the community feels about this item. Commissioner Keller would like the opportunity to review the questions prior to starting the survey. Chair Foster would like to see the underground program move forward but is cognizant of the cost; he is supportive of surveying customers to try to reach as many people as possible and asks that we not rely on getting comments at a Council meeting. He realizes that $210 (if paid by all customers) per year is not an insubstantial sum of money. 3.d Packet Pg. 132 -: A t t a c h m e n t D _ E x c e r p t o f D r a f t U A C M i n u t e s f r o m S e p t e m b e r 7 , 2 0 1 1 ( 2 0 9 6 : U p d a t e R e p o r t o n E l e c t r i c U n d e r g r o u n d i n g )