Title
Resolution - Approval of Authorization for Initiation, Settlement, or Disposition of Litigation Matter(s) - D Ballard
Other Info
Submitted By: Don Ballard
Department: General Counsel
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
PEC seeks approval of filing of PEC’s wholesale transmission service rate schedule at Public Utility Commission of Texas (PUCT) and approval of intervention in related proceedings at PUCT, as necessary. PEC’s wholesale transmission service rate is currently included in LCRA TSC’s Wholesale Transmission Service Rate Schedule WTS as a line item. PEC currently is a transmission owner and transmission service provider and anticipates certification as a transmission operator by Texas Reliability Entity in first quarter of 2024. PEC wishes to amend and file a standalone wholesale transmission service rate schedule with the Public Utility Commission of Texas and if necessary, intervene in any LCRA TSC transmission cost of service proceeding with respect to PEC’s wholesale transmission rate.
Body
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative amend and file its wholesale transmission service rate schedule with the Public Utility Commission of Texas (PUCT) and intervene as necessary in related proceedings at the PUCT.
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is authorized to take all such actions as needed to implement this resolution.