§ 52.25 SCHEDULE NUMBER LP-1; LARGE LIGHT AND POWER.
   (A)   Availability.  
      (1)   The large light and power rate schedule is available to any commercial or industrial customer within the R.P.S. service area with a demand of 50 kW or greater or more than 13,000 kWh per month for all usage, provided that the entire requirements are taken through 1 meter at the utility’s standard secondary voltage and frequency.
      (2)   This schedule is not applicable to resale, stand-by, or auxiliary service.
   (B)   Character of service. Three-phase, 60 cycles, at available voltages.
   (C)   Rate schedule. The large light and power service rate shall be the greater of either 70% of the customer’s highest demand reading over the past 12 months, multiplied by the demand charge (gross or net), plus division (C)(1) below (gross or net) and division (C)(4) below or the sum of divisions (C)(1), (C)(2), (C)(3) and (C)(4) below.
      (1)   (a)   Customer charge. Each large light and power customer shall be charged a “customer charge” as follows: $27.778 per month (gross) and $25.000 per month (net).
         (b)   As used in this subchapter GROSS refers to the amount of the customer’s bill if the prompt payment discount is not allowed and NET refers to the amount of the customer’s bill if the prompt payment discount is allowed, as hereinafter provided.
      (2)   Energy rate.
         (a)   Rate table.
 
Rate
Gross
Net
Demand charge
$19.900 per KW per month
$17.910 per KW per month
Distribution rate
2.4588 cents per kWh
1.4900 cents per kWh
 
         (b)   Power factor adjustments. For customers with power factor of less than 90%, the billing demand shall be increased 1% for each 1% by which the peak load power is less than 90% lagging. Power factor may be determined by either periodic or continuous measurement, at the option of the utility company.
         (c)   Primary service discount. When the customer takes service at the company’s standard service voltage and furnishes and maintains transformers and protective devices, a discount of 3% will be allowed on the demand and energy charges.
      (3)   Energy cost adjustment clause.
         (a)   This (net) adjustment, which shall be computed by the following formula and rounded to the nearest $0.0001, will then be multiplied by the individual kWh usage for each customer:
            Energy Cost Adjustment ($/kWh) = (F+P)/S
         (b)   Where:
            1.   F = Dollar cost of fuel burned during the most recent month to supply electric energy to customers;
            2.   P = Dollar cost of purchased power during the most recent month to supply electric energy to customers;
            3.   S = Total kWh sales to billable customers for the monthly billing cycle.
         (c)   The General Manager or his or her designee may adjust the energy cost adjustment for any month to account for any under- or over-collections of energy related charges.
      (4)   Tax adjustment. Billings under this schedule may be increased by an amount equal to the sum of the taxes payable under the Gross Receipts and Compensating Tax Act and of all other taxes, fees, or charges payable by the utility and levied or assessed by any federal, state, county or city authority or their agencies on the public utility service rendered, or on the right or privilege of rendering the service, or on any object or event incidental to the rendition of the service.
   (D)   Prompt payment discount. A discount of 10% will be allowed on all bills if paid on or before the tenth of the month and up to the opening office hours on the eleventh of the month succeeding the month in which the bills were incurred, providing the customer has no unpaid balance on previous bills, except as follows:
      (1)   If payment is mailed and postmarked prior to midnight of the tenth day of each month, the discount will be allowed.
      (2)   Whenever the tenth day of the month falls on a Saturday, Sunday, or a holiday, the discount will be allowed on the next following regular work day, and up to the opening office hours the following day.
   (E)   Economic development rates.
      (1)   Availability. Available to new customers or new loads of existing customers meeting the requirements for service under the large light and power service rate. Not applicable for standby, supplemental, or resale service. Service under this rate schedule is limited to new customers with loads in excess of 50 kW; or to existing customers demonstrating new loads in excess of 50 kW.
      (2)   Reduction in demand charges. For an existing customer, all existing load shall be billed at the demand charge set forth on the large light and power rate schedule. For the total load of new customers and for the new load of existing customers, the customers shall be billed at the demand charges as shown below.
         (a)   Demand charges.
 
Year
Rate
   First year (75% reduction)
   $1.310 per kW per month (net)
   Second year (60% reduction)
   $2.100 per kW per month (net)
   Third year (45% reduction)
   $2.888 per kW per month (net)
   Fourth year (30% reduction)
   $3.675 per kW per month (net)
   Fifth year (15% reduction)
   $4.463 per kW per month (net)
   Sixth year and after (0% reduction)
   $5.250 per kW per month (net)
 
         (b)   Example. A 260 kW demand at normal rate; $1,365.00 per month (260 kW x $5.25).
            1.   Under economic development rates:
 
Year
Rate
   First year
   $340.60 per month
   Second year
   $546.00 per month
   Third year
   $751.40 per month
   Fourth year
   $954.20 per month
   Fifth year
   $1,159.60 per month
   Sixth year and after
   $1,365.00 per month
 
            2.   All charges will be per the rates in the large light and power rate schedule.
(Ord. 970, passed 3-8-2011; Am. Ord. 986, passed 6-25-2013)