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05-D TXU Settlement Agreement
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05-D TXU Settlement Agreement
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Last modified
11/17/2005 11:15:08 AM
Creation date
3/10/2005 7:47:06 AM
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AGENDA
Item Number
05-D TXU Settlement
AGENDA - Type
RESOLUTION
Description
TXU Settlement Agreement
AGENDA - Date
3/14/2005
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<br />of these issues will not constitute a bæach of this Settlement Agreement by either Cities or <br />Electric Delivery. <br /> <br />8. Electric Delivery agrees to negotiate with Cities. and Cities agree to approve, a tariff that <br />permits Cities to request under¡roundins of new or existing distribution facilities. The tariff <br />shall ensure full cost recovery by Electric Delivery through a surcharge in the requesting city in <br />the event that no third party is required by Electric Delivery's tariff, or applicable city ordinance, <br />to pay for under grounding costs. That tariff will also allow Cities to request undergrounding of <br />transmission lines to the extent Electric Delivery determines that (a) such undergrounding is <br />feasible, (b) such undergroundina is consistent with the PUC's Substantive Rules and ERCOT's <br />requirements, and (c) Electric Delivery can recover the costs of such undergrounding through a <br />surcharge in the requesting city. Electric Delivery will not be obligated to tile the tariff for city <br />approval until after the expiration of the Price to Beat or the modification of the Price to Beat in <br />a manner that allows pass through of tariff charges to the ultimate consmner. <br /> <br />9. Electric Delivery agrees to provide quarterly updates to representatives designated by <br />Cities and their consultants conÅ“miDg Electric Delivery's capital expenditure projects and <br />affiliate transactions, the creation and regulatory treatment of a Pension and Health Benefits <br />Reserve fur Electric Delivery, possible workable parameters for performance based rates for <br />Electric Delivery, and other topics as agreed upon by the Signatories. Electric Delivery will <br />work with Cities to provide information requested by Cities concerning those topics. <br /> <br />10. Electric Delivery shall pay up to S 1 0,000 per month in regulatory expenses directly to <br />Cities' consultants, after receipt of appropriate documentation and invoices, provided said <br />expenses may be defeJTed for recovery. Cities agree to support recovery of such costs in Electric <br />Delivery's next rate case. Should recovery be denied by the PUC, then the payments will <br />immediate! y cease. <br /> <br />11. Electric Delivery agrees to wolk with Cities to establish better communications between <br />the Cities and Electric Delivery with respect to access to city meters for monthly readin¡. Each <br />city shall provide in writin& by Mard131, 2005, a contact person for inaccessible meters for city <br />accounts, and sbaIl promptly notify Electric Delivery of any change in the contact person. In <br />months where a meter reader is unable to pin access to the premises to read the meter on regular <br />meter reading trips, or in months when meters are not read, Electric Delivery agrees to provide <br />the customer with a postcard and request the customer to read the meter' and relum the card to <br />Electric Delivery. If the postcard is not received by EleCtric Delivery in time for billing, Electric <br />Delivery may estim.te the meter reading and issue a bill. Electric Delivery agrees that all <br />municipal meters will be read at least once every three months by it or by the respective city. <br />The failure of a city to designate a contact person for inaccessible meters affects only that city <br />and does not adversely impact anyotha- city or mitipte responsibilities and benefits otherwise <br />inherent to this Agreement. <br /> <br />12. Electric Delivery agrees to reimburse Cities for the expenses incurred related to the Shuw <br />Cause Actions in an amount not to exceed S 1 00,000 after receipt of appropriate documentatiun <br />and invoices, and Cities agree that those costs can be deferred for recovery in its next rate ~ <br />and agree to support deferral and recovery in that case. Notwithstanding any provisi\..ns in <br /> <br />. . .". <br /> <br />3 <br />
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