HomeMy WebLinkAboutStaff Report 2406-3180CITY OF PALO ALTO
CITY COUNCIL
Special Meeting
Tuesday, June 18, 2024
Council Chambers & Hybrid
4:00 PM
Agenda Item
AA5.Minor Correction to the Fiscal Year 2025 Electric Utility Electric Rate Schedules New
Item added
City Council
Staff Report
From: City Manager
Report Type: INFORMATION REPORTS
Lead Department: Utilities
Meeting Date: June 18, 2024
Staff Report #:2406-3180
TITLE
Minor Correction to the Fiscal Year 2025 Electric Utility Electric Rate Schedules
ANALYSIS
This is in reference to Agenda Item Number 29 from the Monday, June 17, 2024 City Council
Meeting.
The electric rate schedule E-1 had a clerical error in the tier 2 commodity portion of the rate.
The error had no change to the total rate, the individual component was inaccurate. See
attached rate schedule with the redline reflecting correction.
ATTACHMENTS
Attachment A: Utility Rate Schedule E-1
APPROVED BY:
Dean Batchelor, Director Utilities
RESIDENTIAL ELECTRIC SERVICE
UTILITY RATE SCHEDULE E-1
CITY OF PALO ALTO UTILITIES Issued by the City Council
Sheet No E-1-1 Supersedes Sheet No E-1-1
dated 7-1-2023 Effective 7-1-2024
A. APPLICABILITY: This Rate Schedule applies to separately metered single-family residential dwellings receiving Electric Service from the City of Palo Alto Utilities.
B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service.
C. UNBUNDLED RATES: Per kilowatt-hour (kWh) Commodity Distribution Public Benefits Total
Tier 1 usage $ 0.10270 $ 0.08642 $ 0.00549 $ 0.19461
Tier 2 usage Any usage over Tier 1
0.1331113240 0.08079 0.00549 0.21868
Customer Charge ($/month) 4.64
D. SPECIAL NOTES:
1. Calculation of Cost Components
The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C.
2. Calculation of Usage Tiers Tier 1 Electricity usage shall be calculated and billed based upon a level of 15 kWh per day, prorated by Meter reading days of Service. As an example, for a 30-day bill, the Tier
1 level would be 450 kWh. For further discussion of bill calculation and proration, refer
to Rule and Regulation 11. {End}