Title
Hudson Public Power 2021 Cost of Service and Electric Rate Study
Brief Description: The Public Works Department has contracted with Public Utility Consultants, Courtney and Associates to develop a cost of service and electric rate study and to make recommendations to City Council regarding future electric rates.
Body
Legislative History
Ordinance No. 96-43, Amending Sections 1048.02 and 1048.04 of the Streets, Utilities and Public Services Code to adopt an adjusted electric rate structure and schedule of charges; passed April 3, 1996.
Ordinance No. 15-58, Amending Sections 1048.02 and 1048.04 of the Streets, Utilities and Public Services Code to adopt an adjusted electric rate structure and schedule of charges; passed May 19, 2015.
Purpose & Explanation
Historically, the City of Hudson has had Hudson Public Power cost of service and rate studies developed by consulting firms specializing in municipal electric utilities. The results of such studies have been used as guidelines for City Councils as they considered the Hudson Public Power operational costs of service and potential adjustments of commercial and residential electric rates.
Over the last ten years one (1) HPP costs of service and rate studies has been completed. This study was presented to City Council with recommendations for rate adjustments which were approved by Hudson City Council in 2015. These studies are typically performed every five (5) years.
Timing Considerations
None
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required.
Recommendation
Suggested Action
City staff seeks City Councils direction based on the discussion and analysis of the cost of service and rate study recommendations presented by the Consultant.
Submitted by,
Jane Howington, City Manager
Frank J. Comeriato, Jr. , Asst. City Manager-Operations