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HomeMy WebLinkAboutResolution 2022-043 RESOLUTION NO. 2022-043 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS, FINDING THAT ONCOR ELECTRIC DELIVERY COMPANY LLC'S APPLICATION TO CHANGE RATES WITHIN THE CITY SHOULD BE DENIED; FINDING THAT THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY; FINDING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS RESOLUTION TO THE COMPANY AND LEGAL COUNSEL. WHEREAS, the City of North Richland Hills, Texas ("City") is an electric utility customer of Oncor Electric Delivery Company LLC ("Oncor" or "Company") with an interest in the rates and charges of Oncor; and WHEREAS, the Steering Committee of Cities Served by Oncor ("OCSC") is a coalition of similarly situated cities served by Oncor that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in Oncor's service area; and WHEREAS, on or about May 12, 2022, Oncor filed with the City an Application to increase rates by $251 million or approximately 4.5% over present revenues. The Company asks the City to approve an 11 .2% increase in residential rates and a 1 .6% increase in street lighting rates; and WHEREAS, the Steering Committee is coordinating its review of Oncor's application and working with designated attorneys and consultants to resolve issues in the Company's filing; and WHEREAS, through review of the application, the Steering Committee's consultants determined that Oncor's proposed rates are excessive; and WHEREAS, the Steering Committee's members deny the Application. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS, THAT: SECTION 1. The rates proposed by Oncor to be recovered through its electric rates charged to customers located within the City limits, are hereby found to be unreasonable and shall be denied. SECTION 2. That the Company shall continue to charge its existing rates to customers within the City. Resolution 2022-043 Page 1 of 2 SECTION 3. That the City's reasonable rate case expenses shall be reimbursed in full by Oncor within 30 days of the adoption of this Resolution. SECTION 4. That it is hereby officially found and determined that the meeting at which this Resolution is passed is open to the public as required by law and the public notice of the time, place, and purpose of said meeting was given as required. SECTION 5. That a copy of this Resolution shall be sent to Oncor, care of Howard Fisher, Oncor Electric Delivery Company LLC, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202; and to Thomas Brocato, Counsel to the Steering Committee, at Lloyd Gosselink Rochelle & Townsend, P.C., 816 Congress Ave., Suite 1900, Austin, TX 78701 . PASSED AND APPROVED on this 10th day of October, 2022. CITY OF •RTH LAN! HILLS: P d , 'o By: _ _./ zi* Oscar Trevino.''ayor \\`\p�uUti\C,HLA r,,,����, ATTEST: ,��.z kz''.. •41/.0• , Alicia Richardson =mod'• •�' City Secretary/Chief e , ' . . O 'ficer mminfoolo APPROVED AS TO FORM AND LEGALITY: r Maleshia B. McGinnis, City Attorney APPROVED AS TO CONTENT: Karen Manila, Assistant City Manager Resolution 2022-043 Page 2 of 2