HomeMy WebLinkAboutResolution No. 2003-20 RESOLUTION NO. R2003-20
A RESOLUTION OF THE CITY OF FRIENDSWOOD, TEXAS,
ENDORSING S.B. 1792 and H.B. 2615.
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WHEREAS, the City of Friendswood, Texas (City) has historically been active in the
process of regulation of rates charged by electric utilities; and
WHEREAS, the City and its residents are Price to Beat customers of First Choice
Power, Inc., a retail electric provider affiliated with Texas New Mexico Power; and
WHEREAS, First Choice Power has made its second, and final, request this year to
increase its Price to Beat fuel factor pursuant to PURA § 39.202(�; and
WHEREAS, the Public Utility Commission has determined that First Choice Power,
Inc. is not required to reimburse the City's rate case expenses; and
WI�REAS, the City endorses legislative efforts to modify electric deregulation
legislation to permit decreases to the Price to Beat fuel factor when natural gas prices fall and to
reimburse the City for rate case expenses incurred in Price to Beat rate cases; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FRIENDSWOOD, TEXAS:
Section 1. That S.B. 1792, permitting the City to seek decreases to the Price to Beat
fuel factor when natural gas prices decrease and H.B. 2615, requiring the affiliated retail electric
provider to reimburse the City for rate case expenses incurred by participating in Price to Beat
rate cases, are hereby supported by the City.
Section 2. A copy of this resolution shall be sent to the elected lawmakers
representing the City's interests in the Texas House and Senate.
PASSED AND APPROVED this the 7th day of April,2003.
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HAROLD L. WHITAKER, M YOR,
ATT T:
� •
D ORES MCKEN IE, T
CITY SECRETARY
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