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AI# 12784  Regular City Council Meeting 7.11. 10/08/2024:

Information

Agenda Item

Ordinance 1st Reading - Public Works Water Utilities: Consider an ordinance amending Section 22.03.083 of the City of Lubbock Code of Ordinances, regarding deposit requirements and related exceptions for utility service.

Item Summary

On February 2023, Lubbock Power and Light (LP&L) amended the electric rate schedule, terms and conditions of customers, applicable to all rate classes.  This amendment removed deposits being collected for utility service. On March 4, 2024, LP&L officially transitioned to retail electric competition.   In order to protect the City of Lubbock against the financial risk from customers that do not pay their utility bill, or have no history with the City of Lubbock, Water Utilities is proposing amendments to the Ordinance to collect deposits from new and at-risk water service customers.  The proposed amendments would enable the City to charge deposits for the following conditions. Deposits are required to start new service or if a current customer is no longer in good standing with an account. Deposits can be exempt if conditions are met by customers. Deposits are refunded by check or credited to eligible customers' account after 12 months of good pay history including interest earned.

Fiscal Impact

The attached proposed ordinance does not include a rate increase for any rate class.  The proposed rates allow for a $150 deposit for a residential customer and $550 for a non-residential customer.

Staff/Board Recommending

Erik Rejino, Assistant City Manager L. Wood Franklin, Division Director of Public Works Lubbock Water Advisory Commission

Attachments Ordinance RedLine Ordinance LWAC Recommendation Letter

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