[Ord. No. 3142, 3-20-2017]
A.
Rates for electric power furnished to customers of the Board of Public
Works of the City of Malden are hereby assessed as follows:
1.
Residential Service. Available for single-phase service at secondary
voltages, to individual dwellings, for residential purposes, where
use is primarily for space heating, water heating, air-conditioning,
lighting, refrigeration, cooking, and clothes drying.
2.
Commercial And Small Power Service. Applicable to all non-residential
customers served through one single-phase or three (3) phase meter
capable of measuring billing demand, but not served under "Industrial
and Large Power Service."
3.
Industrial and Large Power Service.
a.
Applicable to all non-residential customers served through a
three (2) phase meter capable of measuring billing demand and whose
monthly average billing demand is three hundred (300) KW and higher
during the twelve-month period starting in January and ending in December.
New customers may be placed under this schedule if their average billing
is estimated to be three hundred (300) KW and higher per month for
a twelve-month period.
(1)
Customer charge (City limits): one hundred fifty
dollars ($150.00) per month.
(2)
Customer charge (non-City limits): three hundred
dollars ($300.00) per month.
(3)
Demand charge: five dollars ($5.00) per KW.
(4)
Energy charge: four thousand three hundred ninety-eight
ten thousandths ($0.04398) per kWh.
4.
Non-profit Museums. Applicable to all non-residential customers
served through one (1) single-phase or three (3) phase meter capable
of measuring billing demand, but not served under "Industrial and
Large Power Service."
[Ord. No. 3142, 3-20-2017; Ord. No. 3232, 3-15-2021]
A.
Rates for electric power furnished to the customers shall be subject
to a "power cost adjustment" (hereinafter PCA). The PCA is based on
the cost of power purchased into and generated by the Malden Board
of Public Works, including any transmission or wheeling charges incurred
in obtaining said energy.
B.
Method of Calculation.
1.
The "base rate" energy charge set forth above is subject to
a power cost adjustment (PCA), as follows:
a.
All metered rates shall be subject to a positive or negative
power cost adjustment charge equivalent to the amount by which the
current cost of power (per kilowatt hour of sales) is greater or lesser
than the base cost of power purchased (per kilowatt hour of sales),
averaged over the preceding twelve (12) months.
b.
The current cost per kilowatt hour or energy billed is equal
to the cost of power purchased and generated for the most recent twelve
(12) months, divided by the kilowatt hour of energy sold in the same
twelve-month period. The monthly adjustment is equal to the current
cost less the base cost. The base cost of power is cents per kilowatt
hour.
2.
The formula is thus A = C/S – BC where:
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"A" is the power costs adjustment (in dollars per kilowatt hour)
to all metered sales of electricity;
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"C" is the cost of power purchased and generated (in dollars)
for retails sales in the most recent twelve (12) months;
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"S" is the total kilowatt hours sold during the most recent
twelve (12) months; and
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"BC" is the base cost of power for retail sales which equals
the average cost of power purchased and generated power per kilowatt
hour of sales for the past calendar years and shall be adjusted in
January of each year to reflect the most recent average cost of power
purchased and generated.
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3.
WHEREAS, each step in the retail rate schedule set forth above
shall be increased or decreased by the difference in the base cost
(BC) if changed.
4.
By way of example, if:
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(C) the cost of power purchased and generated (in dollars) for
retails sales in the most recent twelve (12) months = $3,274,306.46;
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(S) the total kilowatt hours sold during the most recent twelve
(12) months = 48,014,415; and
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(BC) the base cost of power for retail sales which equals the
average cost of power purchased and generated power per kilowatt hour
of sales for the past calendar year = $0.0735;
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Then (A) the power cost adjustment equals negative $0.0053/kWh
– $0.0053 equals ($3,274,306.46 divided by 48,014,415) minus
$0.0735
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A = C/S – BC
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5.
The City Council shall be notified in January of each year of
any increase or decrease in the cost of power and energy or any increase
or decrease in the cost of demand charges to the Malden Board of Public
Works by its electric suppliers.
C.
Alternate
Calculations Authorized for Periods of Extenuating Circumstances.
If the Board of Public Works finds that, due extenuating circumstances,
the recovery of the total cost of power purchased and generated in
any month or set of months over a twelve (12) month period would create
a power cost adjustment unduly burdensome to its customers. the Board
may, upon approval of the City Council:
1.
Exclude that month or set of months from the power adjustment calculation;
2.
Calculate and apply the power cost adjustment based upon the most
recent twelve (12) months that do not include an excluded month: and
3.
Recapture the total cost of power purchased and generated in the
excluded month or months over a time period of not less than twelve
(12) months through a special cost adjustment set by the Board and
approved by the City Council.
4.
Following approval of the Council, all monies collected through the
special cost adjustment shall be applied to the balance of the total
cost of power purchased or generated in the excluded month(s). All
setoffs, payments, reimbursements or other credits attributable to
an excluded month shall be applied to the remaining balance, if any.
Any credits received in excess of the remaining balance shall be refunded
to Board customers through a negative power cost adjustment.
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For purposes of this Section. the term "extenuating
circumstances" shall mean a circumstance outside the reasonable
control of the City, including, but not limited to, weather events,
supply interruption, natural disasters, government regulations, war,
acts of terrorism, or any other event leading to a significant increase
in the price of power purchased or generated in a single month.
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[Ord. No. 3142, 3-20-2017]
A.
There is hereby created an "annual operating cost" adjustment. On January 1, 2018, and each January 1 thereafter, the Board of Public Works shall adjust the "base rate" as set and established in Subsection (A) hereof, based on total operating costs for the Electric Department of the Board of Public Works of the City of Malden, Missouri.
B.
The "annual operating cost" adjustment shall be calculated as follows:
Following the annual audit of fiscal year ending June 30, 2017, and
each fiscal year thereafter, the Board of Public Works shall compare
total operating expenses against the previous year's total operating
expenses and any increase or decrease shall be divided by the total
kilowatt hours sold in said year and said millage shall be added or
subtracted from the "base rates" that are in force on January 1 of
the following year. Said millage, when added or subtracted from the
"base rates" at the time adjustment is made, shall not increase nor
decrease the per kilowatt energy charge of any customer more than
three percent (3%).
C.
The term "total operating expenses" shall include the total cost of operations as allowed under the Federal Energy Regulatory Commission accounting methods along with all expenses, contributions, and transfers to the City of Malden and/or any of its departments, less all expenses used to calculate the "power costs adjustment" (PCA) as set forth in Section 715.020 hereof.
[Ord. No. 3142, 3-20-2017]
All billings are subject to all applicable Missouri State, County,
and City taxes on the use and consumption of electricity as provided
by law.
[Ord. No. 3142, 3-20-2017]
Each meter shall be billed as an individual customer. Billing
on combined readings to two (2) or more meters will not be permitted.
[Ord. No. 3142, 3-20-2017]
Should any provision of this Article be declared invalid for
any reason, such declaration shall not affect the validity of other
provisions of this Article, or this Chapter as a whole, it being the
legislative intent that the provisions of this Chapter shall be severable
and remain valid notwithstanding such declaration.
