Fiscal Note
This resolution authorizes an amendment of $60,000 to the 2014 operating budget of the Office of the City Attorney to retain consultants to document and analyze the adverse economic and environmental effects of MG&E's rate design. Funding was adopted in 2014 of $1,200,000 for the Contingent Reserve and the current uncommitted balance is $796,387. If this resolution and one other pending resolution (File ID 34576) are approved, the balance in the Contingent Reserve would be $724,387. There is no net impact on the tax levy.
GN01-54930-024000 $60,000
GN01-57600-971000 ($60,000)
Title
Authorizing the City’s Intervention in Madison Gas & Electric’s 2014 Rate Case Before the Public Service Commission, Authorizing the City to Enter Into a Contract With a Consultant to Assist the City in its Intervention, and Making an Appropriation of $60,000 from the Contingent Reserve for the Consulting Contract.
Body
WHEREAS, the City Council adopted the Madison Sustainability Plan in 2011 whose goals included a 50% energy reduction by 2030 in part by increasing energy efficiency in private and public buildings and adoption of renewable energy so as to comprise up to 15% of energy use in the city; and,
WHEREAS, in 2013, the City Council launched the Race Equity and Social Justice Initiative that established as one of its three primary goals equity in the community which is explicitly defined as “equitable allocation of resources”; and,
WHEREAS, these two policy initiatives provide a framework for the analysis of the new rate design proposed by Madison Gas and Electric (MGE) to the Public Service Commission (which would take effect in 2015) as it might affect the energy use, prospective energy reduction and equitable allocation of social and economic resources in the City;
WHEREAS, as part of MGE’s pending rate case before the Public Service Commission (3270-UR-120), MGE has proposed moving away from the traditional model of utility pricing, used throughout Wis...
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