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R2008-097 2008-07-14RESOLUTION NO. R2008-97 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AUTHORIZING THE CITY TO PARTICIPATE IN PUC DOCKET NOS. 35620 AND 35639, DEALING WITH THE DEPLOYMENT OF ADVANCED METERS IN THE SERVICE TERRITORY OF CENTERPOINT ENERGY HOUSTON ELECTRIC ("GENE"), THROUGH A COALITION OF CITIES KNOWN AS TEXAS COAST UNTILITIES COALITION (TCUC"); AUTHORIZING THE HIRING OF COUNSEL AND EXPERTS THROUGH TCUC; REQUIRING THE REIMBURSEMENT OF REASONABLE RATE CASE EXPENSES; DETERMINING THAT THE MEETING COMPLIED WITH THE TEXAS OPEN MEETINGS ACT; MAKING SUCH OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, CenterPoint Energy Houston Electric, LLC filed two applications at the Public Utility Commission of Texas (PUG) dealing with deployment of advanced meters in PUC Docket Nos. 35620 and 35639; WHEREAS, as part of Dockets No. 35639, CenterPoint is requesting recovery of over $400 million in costs related to the deployment of advanced meters; WHEREAS, CenterPoint is requesting that two surcharges to be implemented on an interim basis in July, 2008; WHEREAS, CenterPoint is requesting that all residential customers be surcharged $'1.75/month and the customers of Retail Electric Providers ("REP's") with advanced meters would be subject to the REP being billed a 4.75/month surcharge by CenterPoint; WHEREAS, the Deployment Plan as presented in CenterPoint's applications contends that there are no offsetting benefits or savings to CenterPoint; WHEREAS, CenterPoint's proposal for its Deployment Plan will result in ratepayers subjected to the imposition of surcharges on their electric bills at a time when electric prices are at record highs; Hou:z~ys~xs.3 RESOLUTION NO. R2008-97 WHEREAS, the procedural schedule proposed for the two dockets is extremely aggressive, especially in the light of the fact that CenterPoint filed its application in the two proceedings in May 2008; and WHEREAS, the two proceedings require the specialized knowledge of experts who understand the ratemaking and practical effects of CenterPoint's deployment of advanced meters as set forth in the two applications. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, THAT: Section 1. The statements and findings set out in the preamble to this resolution are hereby in all things approved and adopted. Section 2. The City is authorized to participate with TCUC in PUC Dockets Nos_ 35620 and 35639, at no cost to the City, and take such actions as are recommended by the Steering Committee of TCUC, including the selection of counsel or experts to work on behalf of TCUC. Section 3. CenterPoint shall reimburse within 30 days after submission, the reasonable rate case expenses with regard to PUC Docket No. 35639 and PUC Docket No. 35620, to the extent that it is or becomes part of a ratemaking proceeding. Section 4. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551 . PASSED, APPROVED and ADOPTED this the 14tH day of July, A. D., 2008. TOM REID MAYOR 2 RESOLUTION NO. R2008-97 ATTEST: UN O FI G R ITY S CRETARY APPROVED AS TO FORM: ~ ~~ ~ )a J DARRIN M. COKER CITY ATTORNEY .,.Q~~;r~~a;~Q.~,- o,. >.~ `, X9 `~i `c 3>= cJ'._ : ~