Laserfiche WebLink
To reform the Price to Beat adjustment process to 1) require the affiliated REP to provide <br />evidence that its proposed cost increase is justified; 2) allow cities and/or the Public Utility <br />Commission to initiate an action to reduce inflated Price to Beat rates; and 3) authorize rate <br />case reimbursement for municipal rate case expenses incurred in Price to Beat rate cases. This <br />change should enhance efforts to protect price to beat customers from unnecessary increases <br />and provide for greater restraint on the market price of electricity. <br /> <br />To delay deregulation of metering services. Confusion among market participants and problems <br />in the exchange of information between ERCOT, retail electric providers and transmission and <br />distribution companies has led to switching, billing, and service quality problems. Deregulation <br />of metering services would add further complexity to a confused situation and increase the <br />problems being experienced by CAPP members. <br /> <br />COSTS: There is no cost to the City of Paris incident to the CAPP proposals. <br /> <br />RECOMMENDED ACTION: Legal counsel for CAPP has prepared a white paper for your review that <br />discusses problems with deregulation and recommends changes to the statute. Upon consideration of that <br />report, the CAPP Board, made up exclusively of City representatives, requests that the City Council pass the <br />attached resolution endorsing CAPP's legislative agenda. The City Staff recommends passage. <br /> <br />STAFF CONTACT: Larry W. Schenk, City Attorney; Gene Anderson, Finance Director; Michael E. <br />Malone, City Manager <br /> <br />SCHEDULE: Consider approval of the proposed resolution at City Council's February 10, 2003, regular <br />Council Meeting. <br /> <br />ADDITIONAL MATERIALS: See attached proposed resolution and accompanying CAPP generated white <br />paper entitled "Report Regarding Cities' Experiences in the Deregulated Electric Retail Market." <br /> <br /> <br />