933.121 POWER COST FACTOR.

(a) The Power Cost Factor (PCF) will be determined monthly by multiplying the monthly number of kilowatt hours purchased by the Set Cost (SC), subtracting this product from the cost of the monthly power purchased, which may include energy efficiency programs and dividing this difference by the monthly number of kilowatt hours purchased.

(Ord. 70-2014. Passed 7-28-14.)

Effective starting January, 2015, the Power Cost Factor (PCF) will be determined monthly by summing the previous 6 months of power purchase costs, which may include energy efficiency programs, dividing that sum by the sum of the number of KWH sold to customers in those same 6 months and then subtracting the Set Cost (SC) from that quotient.

(b) The Set Cost (SC) shall initially be 4.5 cents. Effective in 2015, the Set Cost (SC) shall be $0.0789. Effective starting in 2016, the Set Cost (SC) shall be $0.08. The Set Cost may be adjusted upon approval of City Council.

(Ord. 100-2014. Passed 12-22-14.)

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