HomeMy WebLinkAboutRes 2022-06 Pertaining to CenterPoint Energy Apllication for Approval of a Distribution Cost Recovery FactorCity of West University Place, Texas
Resolution No. 2022-06
A RESOLUTION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS,
PERTAINING TO CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
APPLICATION FOR APPROVAL OF A DISTRIBUTION COST RECOVERY
FACTOR PENDING AS DOCKET NO. 49421 AND RELATED PROCEEDINGS.
WHEREAS, on or about April 5, 2022, 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. 49421; 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 $145,680,810 (after
adjusting for load growth), to be recovered through ratepayers from September 1,
2022 through August 31, 2023; 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.
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 ("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.
PASSED, ADOPTED and APPROVED this 25t' day of April, 2022
Susan�l. SAmple, Mayor
Thelma A. Gilliam, Ciry'Secretary