City of Colorado Springs
Enable Recite
Share to Facebook Share to Twitter Bookmark and Share
File #: 19-349    Version: 1 Name:
Type: Resolution Status: Mayor's Office
File created: 6/14/2019 In control: City Council
On agenda: 7/23/2019 Final action: 7/23/2019
Title: A resolution setting the Gas Cost Adjustment and the Gas Capacity Charge effective August 1, 2019 Presenter: Tamela Monroe, Chief Planning and Finance Officer Aram Benyamin, Chief Executive Officer
Attachments: 1. GCA and GCC Rate Adj Filing Packet.pdf, 2. Signed Resolution 69-19

 

 

Title

A resolution setting the Gas Cost Adjustment and the Gas Capacity Charge effective August 1, 2019

 

  Presenter: 

Tamela Monroe, Chief Planning and Finance Officer
Aram Benyamin, Chief Executive Officer

 

Body

  Summary:

Colorado Springs Utilities (Utilities) is proposing changes to the Gas Cost Adjustment (GCA) and Gas Capacity Charge (GCC) rates effective August 1, 2019.  The proposed GCA rate adjustment changes the current effective rate of $0.1746 per Ccf to a proposed rate of $0.1620 per Ccf.  The proposed GCC changes adjust the rates by Rate Class consistent with capacity allocations (per attached Schedule 2).

  Previous Council Action: 

On July 24, 2018 City Council approved the GCC rates effective August 1, 2018 per Resolution 82-18.  On April 23, 2019 City Council approved the GCA rate of $0.1746 per Ccf effective
May 1, 2019 per Resolution 46-19.

 

  Background:

Utilities sought approval for the current effective GCC rates at the July 24, 2018 City Council meeting and for the current effective GCA rate of $0.1746 per Ccf at the April 23, 2019 City Council meeting.  Utilities’ staff provide regular updates to the Utilities Board and recommend timely adjustments to the GCA rate per the Cost Adjustment Guidelines and in conformance with the GCA tariff.

  Financial Implications:

Implementing the proposed rates will impact the respective customer’s gas bill as follows:
     Sample Total Monthly Natural Gas bill:
         
                     Residential gas bill decrease of $3.42 or 9.0%
                     Commercial gas bill decrease of $57.04 or 10.8%
                     Industrial gas bill decrease of $570.40 or 11.3%

  Board/Commission Recommendation:

N/A

 

  Stakeholder Process:

N/A

 

  Alternatives:

N/A

 

Recommended Action

  Proposed Motion:

Move approval of the proposed resolution.

 

 

Summary of Ordinance Language

N/A

 




The City of Colorado Springs is committed to making its websites accessible to the widest possible audience. We are constantly working to increase the accessibility and usability of our online technology. We strive to maintain conformance to Web Content Accessibility Guidelines (WCAG) 2.0 as well as U.S. Federal Government Section 508 Guidelines. The City of Colorado Springs will be evaluating this site on a regular basis and it will continue to evolve and improve over time as new technologies emerge. If you experience difficulty accessing the information contained within this webpage please contact the Office of Accessibility at 719-385-5169.