HomeMy WebLinkAboutOrdinance No. 2023-17 Amending Ordinance No. 2012-16 Electric Service Franchise FeeORDINANCE NO. 2023-17
AN ORDINANCE AMENDING ORDINANCE NO. 2012-16
IMPLEMENTING AN ELECTRIC SERVICE FRANCHISE FEE
ON NORTHERN STATES POWER COMPANY, A MINNESOTA CORPORATION, D/B/A
XCEL ENERGY, ITS SUCCESSORS AND ASSIGNS, FOR PROVIDING ELECTRIC
SERVICE WITHIN THE CITY OF EDINA
THE CITY COUNCIL OF THE CITY EDINA, HENNEPIN COUNTY, MINNESOTA ORDAINS:
SECTION I. Schedule "A" of Ordinance No. 2012-16 is amended as attached hereto.
SECTION 2. EFFECTIVE DATE OF FRANCHISE FEE. The effective date of this Ordinance shall
be after its publication and ninety (90) days after the sending of written notice enclosing a copy of this
adopted Ordinance to Xcel Energy by certified mail.
First Reading: August 15, 2023
Second Reading:
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Sharon Al is City Clerk James B. Hovland, Mayor
Please publish in the Edina Sun Current on:
Send two affidavits of publication.
Bill to Edina City Clerk
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Published:
Attest
er 5, 2023
SCHEDULE A
Franchise Fee Rates:
Electric Utility
The franchise fee shall be in an amount determined by applying the following schedule per customer
premise/per month based on metered service to retail customers within the City:
Customer Classification Current Effective 0 I/01 /2024
Residential $ 2.90 $ 3.55
Sm C&I, Non-Dem $58.32 $71.00
Sm C&I, Demand $58.32 $71.00
Large C&I $58.32 $71.00
Franchise fees are to be collected by the Utility at the rate listed below, and submitted to the City on a
quarterly basis as follows:
January — March collections due by April 30.
April - June collections due by July 31.
July — September collections due by October 31.
October - December collections due by January 3 I.
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