HomeMy WebLinkAboutOrdinance No. 2025-07 Xcel Franchise Fee227406v1
ORDINANCE NO. 2025-07
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 1. 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 6, 2025
Second Reading: Waived
Published:
Attest:
Sharon Allison, City Clerk James B. Hovland, Mayor
Please publish in the Edina Sun Current on:
Send one affidavit of publication.
Bill to Edina City Clerk
Sharon Allison (Aug 7, 2025 12:27:27 CDT)
227406v1
SCHEDULE A
Franchise Fee Rates:
Electric Utility
The franchise fee shall total four percent (4%) of the Company’s gross revenues from its
operations in the City collected from each customer of each class. For customers in the Large
C & I class, the four percent franchise fee is applicable to the first $200,000 of calendar year
gross revenues. The franchise fee is reduced to three tenths of one percent (.3%) for the
remaining amount of annual gross revenues exceeding $200,000.
Customer Classification Effective 01/01/2026
Residential 4.00%
Sm C&I, Non-Dem 4.00%
Sm C&I, Demand 4.00%
Large C&I 4.00%
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 31.