Ed Liberty, Electric Utility Director gave a presentation on how they are getting ready for the storm. Employees will be working on Saturday should there be any issues. Gearing up and watching it closely. The city is waiting before they shutter up. Reliability has gone up so far in 2019 and they are restoring outages quickly. State wide they are also doing better.
A. Comcast Pole Attachment & Settlement Agreement
After an audit and a recount of the number of attachments to our poles, it was discovered that Comcast was attached to 7,313 utility poles but only being charged for 4,267. The city never counted the number of attachments since 1998. Comcast will pay $109,367 for the Settlement. Also the cost of each attachment for 2019 is $12.50 per pole and $16.50 per pole for years 2020 through 2024.
B. Resolution 46-2019
Extends the deadline for existing Net Metering customers to comply with Resolution 21-2019 to submit the required documentation and signed interconnection agreements by August 30, 2019 as Moratorium will end on that date. Only 21 out of 91 net metering accounts has complied thus the date for compliance is extended to December 31, 2019.
C. Resolution 45-2019
Amended the rates, credits and billing for Net Metering Accounts. All the accounts in our city must pay for the service to deliver energy to the customer no matter if that owner has disconnected or is using solar. We have already committed to 10 megawatts of solar city-wide.
For all the nitty gritties, please refer to video.
Staff brought up FMEA So, I wanted to include where we stand state-wide on rate comparisons to FPL.
As the commission is always telling us that our rates are very close to FPL's, here are the facts from the latest report from FMEA of July 2019:
RESIDENTIAL
1,000kwh
Lake Worth: 107.99
FPL: $104.66 including franchise fee
COMMERCIAL:
1,500kwh
Lake Worth: 191.23
FPL: $157.68
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