84°F
weather icon Clear

Study explores utility rate hike possibility for Boulder City

On April 5, the Boulder City Utility Advisory Committee spent more than three hours going over the draft results of the ongoing Utilities Rate Study.

The Boulder City Council and the UAC will meet jointly on Wednesday, April 26, from 1-3 p.m. to receive the final draft presentation from the consultant, Raftelis, that performed the study. (Raftelis is a national financial firm with offices in a dozen states that specializes in advising local governments on issues related to utilities, including helping to determine rates.)

Council will then receive the recommendations from the consultant at the first meeting in May before taking any potential action.

The American Public Power Association recommends a cost-of-service study every three to five years or when there is major change in a power supply contract; adding additional generation resources, or a major distribution or transmission upgrade or investment.

According to a report, the city has taken on an additional 30-year power purchase with Townsite Solar, which went into effect Jan. 1, 2022. The city is also completing major distribution and transmission investments to prepare for the 4160 V to 12.47 kV distribution system conversion.

“With these changes, coupled with rising costs in power purchases and wholesale water purchases, the city has contracted Raftelis to conduct a utilities rate study to determine potential rate adjustments,” the report states.

Developed with input from a Feb. 1 meeting, prior UAC presentations and discussions with staff, Raftelis came up with the following recommendations:

1. Revenue increases for each fund (electric, water, wastewater).

2. Maintain fund balance over 20% minimum due to revenue and expense risks.

3. No additional payments on raw water line debt given new interest rate environment.

4. Unbundle power supply and purchased water cost from electric and water rates.

5. Restructure residential block rates for electric and water to encourage conservation.

6. Restructure fixed charges for water to align with American Water Works Association practices

7. No change to city rates (other than fixed charges).

8. Adjust net metering policy/agreements to reflect unbundled electric rate and ensure appropriate cost recovery.

Contact editor Ron Eland at reland@bouldercityreview.com or at 702-586-9523.

MOST READ
LISTEN TO THE TOP FIVE HERE
THE LATEST
Local aid groups get fed grant funding

The city has approved disbursement of almost $255,000 in federally-supplied community development block grant (CDBG) funds to three local entities: the Senior Center, Emergency Aid and Lend A Hand.

Planning commission approves Tract 350 variance request

Toll Brothers bettered their record in front of the planning commission to 2-1 last month when the developer got approval for a variance request related to the width of lots in Tract 350.

BC Electric’s Medo makes accusations about e-bike/scooter law

While the great majority of public comment surrounding the issues of unsafe usage — often by juveniles — of e-bikes and electric scooters was firmly on the side of the city “doing something,” not everyone is onboard.

So where does that RDA money come from?

It wasn’t all about donuts or whether super bright pink is an appropriate color for a building in the historic district. In addition to donuts it was about, well, dollars.

Really better buy that helmet

With a couple of significant amendments, the city council voted unanimously to pass an ordinance regulating the use of e-bikes and e-scooters in Boulder City. The ordinance passed unanimously Tuesday and will take effect on Sept. 18.

Nevada Way to go Pink … and pay for the privilege

The main topic of discussion was color. As in color of a building when the board of the Boulder City Redevelopment Agency (aka the city council) met two weeks ago.

City to nix admin services dept. in favor of deputy city manager

In a move that is really little more than “cleanup” (i.e., bringing official city code into sync with decisions made by the city council more than a year ago), the council voted to approve changes to city code related to the created-but-not-yet-filled position of deputy city manager.

Better buy a helmet …

It was just the opening salvo, but it appears that lost patience with riders of e-bikes and scooters are to the point that they are ready to go well beyond the “Well, how about more education” approach they opted for back in April.