Denton board adopts ordinance to raise large-load electric cost adjustment effective Oct. 15
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Summary
The Public Utilities Board voted unanimously Aug. 25 to adopt an ordinance revising the electric cost adjustment (ECA) for large loads, approving a rate change effective Oct. 15; staff presented forecasts and recommended the increase to maintain target account balances.
The Denton Public Utilities Board on Aug. 25 adopted an ordinance to revise the electric cost adjustment (ECA) rate for large-load customers, with the change set to take effect Oct. 15.
Utility staff told the board the city’s native-load ECA and transmission cost recovery factor (TCRF) were not being changed, and presented forecasted account balances under current rates. Staff said that if the native-load ECA were held at the then-current rate (stated in the presentation as 0.0462¢), the account balance would be about $19.6 million by June 2026, inside the board’s established buffer. The TCRF forecast showed a projected balance of $623,000 by June 2026 if the existing rate of 0.0176 were maintained.
Staff recommended increasing the large-load ECA, and the board voted to adopt the ordinance to make that increase effective Oct. 15. The motion to adopt was made by Mr. Neuquist and seconded by Mr. Ryback; the vote carried unanimously.
The presentation included staff forecasts and explained that the ECA balances are managed with a buffer of roughly plus or minus $20 million. The transcript records the staff recommendation to increase the large-load ECA to an adjusted rate effective Oct. 15 but the meeting transcript’s numeric phrasing for the new large-load rate was not clearly recorded in a single unambiguous form; the board’s action adopted the ordinance as presented by staff.
No separate amendments to the ordinance were offered on the floor during the meeting. The transcript does not include the ordinance number or the precise new cents-per-kilowatt-hour figure in a clear, single string; those details should be obtained from the city clerk’s official ordinance record for posting and public notice.
