Title
Resolution - Approval to Amend Tariff and Business Rules - Cooperative Owned Lamp Charge - W Symank/D Thompson
Other Info
Submitted By: Wesley Symank
Department: Markets
Financial Impact and Cost/Benefit Considerations: Expenditure of Cooperative funds is not anticipated to be impacted; expenditure of staff time is not anticipated to be impacted.
Discussion
The Cooperative offers Members the ability to have a monthly payment for Cooperative owned outdoor lighting assets. The charge for these lighting assets varies by lamp type and wattage. As part of the 2024 Rate Plan, which was approved by the Board in October of 2023, the Cooperative Owned Lamp Charge in the Tariff and Business Rules (the “Tariff”) was to be evaluated, for simplification of tariff language and/or addition of a shielded lighting option.
After review, the recommendation is to adjust the Tariff as to the “Cooperative Owned Lamp Charge” Section 500.1.16 by adding two lamp types to allow for an LED shielded option for Members. The new lamp charges are shown below.
|
Lamp Type: |
Lighting Category: |
Charge per Lamp: |
|
LED 1-S |
Lighting Type LA, 0 to 50 watts |
$10.22 |
|
LED 2-S |
Lighting Type LB, 51 to 100 watts |
$20.22 |
Tariff amendment and effective date is shown below:
• Cooperative Owned Lamp Charge, Section 500.1.16
• Effective for all bills issued on or after June 1, 2024
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative approves the amendments to the Tariff and Business Rules as attached hereto with such changes, if any, as were approved by the Board, to become effective upon Board approval, unless otherwise specified in the Tariff and Business Rules; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is authorized to take all such actions as needed to implement this resolution.