HomeMy WebLinkAboutRes 2017-05 Pertaining to CenterPoint Application re Cost Recovery FactorCity of West University Place
Harris County, Texas
RESOLUTION NO. 2017 -05
RESOLUTION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS, PERTAINING
TO THE CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC APPLICATION FOR
APPROVAL OF A DISTRIBUTION COST RECOVERY FACTOR PENDING AS
DOCKET NO. 47032 AND RELATED PROCEEDINGS.
WHEREAS, on or about April 21, 2017, CenterPoint Energy Houston Electric,
LLC ( "CenterPoint Houston ") filed an Application for Approval of a Distribution Cost
Recovery Factor ( "DCRF ") with the Public Utility Commission of Texas ( "Commission ")
under Docket No. 47032; and
WHEREAS, Section 36.210 of the Public Utility Regulatory Act authorizes an
electric utility company to request periodic adjustment to its rate schedule between full
base rate cases due to changes in the utility's invested capital by including a DCRF in
its Commission approved rates; and
WHEREAS, CenterPoint Houston is requesting $89,560,85, inclusive of
approximately $1.7 million and $1.2 million plus interest in refunds, to be recovered
through ratepayers from September 1, 2017 to August 31, 2018 and $92,508,153 every
year thereafter; and
WHEREAS, any DCRF ordered by the Commission in the proceedings could
ultimately affect CenterPoint Houston's rates for wholesale electric transmission
customers and for end -use retail electric customers in CenterPoint Houston's
certificated service territory; and
WHEREAS, certain municipalities have indicated their desire to join with the City
of Houston, Texas in a coalition of cities interested in the conduct of the proceedings
and to authorize the coalition to intervene on behalf of the participating municipalities
therein; and
WHEREAS, the coalition of cities shall be led by the City of Houston, which shall
direct the selection of legal counsel and consultants on behalf of the coalition; and
WHEREAS, interested parties must seek party status to comply with the
intervention deadline to be set in the proceedings; and
WHEREAS, the City Council finds that the participation of the City of West
University Place, Texas ( "City ") in the coalition of cities will achieve coordinated efforts
among similarly situated affected municipalities in order to maximize the efficient use of
resources and expertise in reviewing, analyzing, and investigating CenterPoint
Houston's DCRF application; and
WHEREAS, City Council has determined that it is in the best interest of the City
that the City participates with the coalition of cities in the proceedings; NOW
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST
UNIVERSITY PLACE, TEXAS:
Section 1: That the statements and findings recited in the preamble to this
Resolution are found to be true and correct and are hereby adopted as part of this
Resolution.
Section 2. That the City is hereby authorized to join with other municipalities
as part of the coalition of cities and to participate to the fullest extent permitted by
law in proceedings affecting the rates, operations and services of CenterPoint
Houston for customers within the City of West University Place, Texas and in
particular regarding the DCRF recovery factor.
Section 3. That the City is hereby authorized to intervene in the proceedings as
a member of the coalition.
Section 4. That such outside counsel that the City of Houston may select, shall
represent the City in all of the proceedings and are hereby authorized to take all legal
and other actions necessary to forward the interests of the City in the proceedings and
all matters related to such proceedings, including without limitation any hearings,
conferences, negotiations and related Proceedings.
Section 5. That this Resolution shall take effect immediately upon its passage
and approval.
PA APPROVED AND ADOPTED on the day of
2017.
Ates Signed: n�
--�,
ity Secretary Mayor
TEXAS
Recommended:
Approved as to legal form:
anager City Attorney
2