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Energy and Environment Committee

Tuesday, July 25, 2017 · 2:00 PM AM · Council Chamber, City Hall 600 4th Avenue Seattle, WA 98104

TL;DR

The Energy and Environment Committee reviewed Seattle City Light's financial performance, including revenue shortfalls and rate design issues, along with load forecasting data. The committee approved the sale of the City Light Department's 8th and Roy Street property to help stabilize utility rates and generate revenue for the Rate Stabilization Account.

Key Decisions

  • Sale of City Light's 8th and Roy Street property Passed
  • SCL General Manager's Report Heard in Committee
  • SCL Retail Revenue Shortfalls and Rate Design review Heard in Committee
  • SCL Load Forecasting review Heard in Committee
Agenda PDF

Agenda

  1. This meeting also constitutes a meeting of the Full Council, provided that the meeting shall be conducted as a committee meeting under the Council Rules and Procedures, and Council action shall be limited to committee business.
  2. Please Note: Times listed are estimated
  3. Call To Order
  4. Chair's Report
  5. Public Comment
  6. Items of Business
  7. 1. Seattle City Light (SCL) General Manager's Report
    Information Item (Inf)
    Action: heard in Committee

    The Information Item (Inf) was heard in Committee.

  8. 2. SCL Retail Revenues Shortfalls and Rate Design - Environmental Impacts
    Information Item (Inf)
    Action: heard in Committee

    The Information Item (Inf) was heard in Committee.

  9. 3. SCL Load Forecasting
    Information Item (Inf)
    Action: heard in Committee

    The Information Item (Inf) was heard in Committee.

  10. 4. AN ORDINANCE relating to the City Light Department; declaring the City’s 8th and Roy Street property as surplus to the City’s needs and no longer required for providing public utility service or other municipal purpose; authorizing the sale of this property for fair market value through a brokered sale; authorizing the General Manager and Chief Executive Officer of the City Light Department to execute all necessary documents to accomplish such property sale; and authorizing the deposit of the proceeds of the sale in the City Light Fund and allocation of part of the proceeds to the Rate Stabilization Account.
    Ordinance (Ord)
    Action: pass Passed

    The Committee recommends that Full Council pass the Council Bill (CB).

  11. Adjournment