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Electric utility proposes updated line extension rules and a 0.82¢/kWh energy rate rider for very‑large customers
Summary
Georgetown Electric staff proposed annual updates to line‑extension inputs and a new energy rate rider to allocate wholesale power hedging costs to very‑large customers; consultants recommended a quarterly review process and a fund cap to smooth volatility.
Georgetown Electric Utility staff briefed the council on annual updates to electric line‑extension and meter‑connect policies and proposed a new energy rate rider to manage power‑supply costs from very‑large customers.
Daniel (Georgetown Electric Utility) summarized technical updates to the line‑extension model — including annual labor and material updates, a 5% contingency factor, and a $0 inflation factor for now — and proposed stricter accounts‑receivable controls and larger application fees to recover upfront engineering costs. He said staff will continue to allow adjustments under 5% admin changes without returning to council but will return to the council for any per‑dwelling cost changes greater than 5%.
Why it matters: Georgetown is seeing interest from large commercial and industrial customers whose power use can reach tens of megawatts. That growth affects how the utility procures wholesale power in ERCOT, allocates fixed costs and manages financial…
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