17-53 - R TOWN OF PROSPER, TEXAS RESOLUTION NO. 17-53
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, FINDING THAT ONCOR ELECTRIC DELIVERY COMPANY LLC'S
("COMPANY") APPLICATION TO CHANGE RATES WITHIN THE TOWN
SHOULD BE DENIED; FINDING THAT THE TOWN'S REASONABLE RATE
CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY; FINDING
THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO
THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS
RESOLUTION TO THE COMPANY AND LEGAL COUNSEL.
WHEREAS, the Town of Prosper, Texas ("Town"), is an electric utility customer of Oncor
Electric Delivery Company LLC ("Oncor" or "Company"), and a regulatory authority with an
interest in the rates and charges of Oncor; and
WHEREAS, the Town is a member of the Steering Committee of Cities Served by Oncor
("Steering Committee"), a coalition of similarly situated municipalities served by Oncor that have
joined together to efficiently and cost effectively review and respond to electric issues affecting
rates charged in Oncor's service area; and
WHEREAS, on or about March 17, 2017, Oncor filed with the Town an application to
increase system-wide transmission and distribution rates by $317 million or approximately 7.5%
over present revenues and further, the Company asked the Town to approve an 11.8% increase
in residential rates and a 0.5% increase in street lighting rates; and
WHEREAS, the Steering Committee is coordinating its review of Oncor's application and
working with the designated attorneys and consultants to resolve issues in the Company's filing;
and
WHEREAS, through review of the application, the Steering Committee's consultants
determined that Oncor's proposed rates are excessive; and
WHEREAS, the Steering Committee's members and attorneys recommend that members
deny the Application.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
All of the above premises are hereby found to be true and correct legislative and factual
findings of the Town of Prosper, Texas, and they are hereby approved and incorporated into the
body of this Resolution as if copied in their entirety.
SECTION 2
The rates proposed by Oncor to be recovered through its electric rates charged to
customers located within the Town limits are hereby found to be unreasonable and shall be
denied.
SECTION 3
The Company shall continue to charge its existing rates to customers within the Town.
SECTION 4
The Town's reasonable rate case expenses shall be reimbursed in full by Oncor within
thirty (30) days of the adoption of this Resolution.
SECTION 5
It is hereby officially found and determined that the meeting at which this Resolution is
passed is open to the public as required by law and the public notice of the time, place, and
purpose of said meeting was given as required.
SECTION 6
The Town Secretary is hereby directed that a copy of this Resolution shall be sent to
Oncor, c/o Howard Fisher, Oncor Electric Delivery Company, LLC, 1616 Woodall Rodgers
Freeway, Dallas, Texas 75202 and to Thomas Brocato, Counsel to the Steering Committee, at
Lloyd Gosselink Rochelle & Townsend, P.C., P.O. Box 1725, Austin, Texas 78767-1725.
SECTION 7
This Resolution is effective immediately upon its passage.
DULY PASSEP11f4p. APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TE IP48NAY OF JULY, 2017.
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Ray Smith, Mayor
ATTE T:
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Robyn Bat e, Town tary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
Resolution No. 17-53, Page 2