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North Richland Hills suspends Encore Electric rate change, seeks review with steering committee
Summary
Council approved a 90-day suspension of Encore's requested TDSP rate changes after staff said Encore sought about a 13% revenue increase (residential ~12.3%, street-lighting 51% increase); staff estimates a roughly $371,000 fiscal-year impact and will work with a steering committee and consultants.
The North Richland Hills City Council on Monday approved a resolution to suspend the effective date of Encore Electric Delivery Company's requested transmission/distribution rate changes for 90 days while the city and a steering committee review the filing and engage consultants.
Corey, the presenting staff member, said Encore filed a statement of intent on June 26 seeking roughly a 13% revenue increase across the TDSP portion of customers' bills. "Encore is proposing at this 0.1 13% increase in revenue," he said, adding…
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