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Denton board backs move to 12‑month outlook, expands ECA buffer to $10 million
Summary
The Denton Public Utility Board recommended an ordinance to keep current electric rates while shifting energy cost adjustment (ECA) and transmission cost recovery factor (TCRF) calculations to a 12‑month outlook and increasing the ECA buffer from $5 million to $10 million; the board approved the recommendation unanimously.
The Denton Public Utility Board on March 24 recommended an ordinance to preserve existing electric rates while changing how the utility smooths fuel and transmission costs. The board approved the item unanimously after a presentation from DME finance staff and board discussion.
DME finance analyst Vispapantavan told board members the proposal would move both the energy cost adjustment (ECA) and the transmission cost recovery factor (TCRF) from a six‑month to a 12‑month outlook and increase the ECA buffer from plus/minus $5,000,000 to plus/minus $10,000,000. “To smooth out the variability and normalize the seasonality of the load and pricing, we want to move…
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