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FELPS announces changes
FLORESVILLE -- Customers of the Floresville Electric Light and Power System (FELPS) might notice some subtle differences in their monthly billing statement. FELPS General Manager Kyle Dicke told the board of trustees at its Jan. 29 meeting that the changes already are evident on bills mailed Jan. 24.
Perhaps the most significant change is a new “PCRF” (Power Cost Recovery Factor) line. Dicke said this line accounts for a summary of all charges billed to FELPS by its wholesale electricity supplier, San Antonio-based CPS Energy. Previous bills had lines for purchased-power adjustments and the Texas Public Power Association industry restructuring fee.
With regard to the purchased-power adjustment, that also is changing. Instead of the price fluctuations that made it difficult for customers to budget the monthly cost of electricity, this figure now will be more constant.
From January through March, customers will be billed $25.50 per 1,000 kilowatt-hours on the PCRF line item. This is based on four years of historical financial data and 2014 forecasts. Finance Director Marcy Jacobs said the need to recoup approximately $500,000 that FELPS undercollected in 2013 also was a determining factor.
“We will re-evaluate it at the end of three months,” Dicke said. “There won’t be such sharp fluctuations anymore.”
Dicke also said FELPS currently is working to complete a rate and cost-of-service study to determine the adequacy of the utility’s fees for services -- such as line installation and tree trimming.
In other business, the trustees approved the utility’s annual distribution to its three participating cities. The total -- $935,232.80 -- is almost 5 percent more than FELPS paid cities in 2013. Floresville’s portion, 64 percent, will total $598,548.99. Poth and Stockdale each will receive 18 percent, or $168,341.90. The money will be paid in 12 monthly installments.
In attendance: Trustees Mark Moczygemba, Vernon Lambeck, Patrick Pollok, Ignacio Vasquez, Larry Stavinoha, Roger Miller, and Mayor Diana Garza; General Manager Kyle Dicke, and Finance Director Marcy Jacobs.
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