2022-65 - R - Deny Oncor Electric Delivery Rate Increase 09.27.22TOWN OF PROSPER, TEXAS RESOLUTION NO. 2022-65
A RESOLUTION OF THE TOWN OF PROSPER, TEXAS, FINDING THAT
ONCOR ELECTRIC DELIVERY COMPANY LLC'S ("ONCOR" OR
"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; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the Town of Prosper, Texas ("City") is an electric utility cLrstomer 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 cities 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 May 13, 2022, Oncor filed with the Town an application to increase
system -wide transmission and distribution rates by $251 million or approximately 4.5% over
present revenues. The Company asks the Town to approve an 11.2% increase in residential rates
and a 1.6% 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; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE TOWN OF
PROSPER,TEXAS,THAT:
SECTION 1
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 2
The Company shall continue to charge its existing rates to customers within the Town.
SECTION 3
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 4
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 5
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., 816
Congress Ave., Suite 1900, Austin, Texas 78701.
SECTION 6
This Resolution shall become effective immediately upon its passage.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS ON THIS 27T" DAY OF SEPTEMBER, 2022.
ATTEST:
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Michelle Lewis Sirianni, Town Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
David F. Bristol, Mayor
Resolution 2022-65, Page 2