HomeMy WebLinkAboutCity Council Resolutions (R-09-3067)-02/03/2009RESOLUTION R-09-3067
A RESOLUTION SUPPORTING CITIES AGGREGATION POWER PROJECT INC.
(CAPP) ENDORSING LEGISLATIVE CHANGES TO ENHANCE THE COMPETITIVE
ELECTRIC MARKET
WHEREAS, the City Colleyville is a member of Cities Aggregation Power Project, Inc.
("CAPP"), anon-profit organization created by cities throughout Texas to
secure affordable energy for its members in the deregulated electric
market; and
WHEREAS, by deregulating the retail electric market, Senate Bill 7 of 1999 (SB 7)
intended to allow competitive forces to drive down the price of electricity;
and
WHEREAS, the Texas electric retail market has failed to develop into a truly
competitive market as envisioned by the Texas Legislature and prices are
higher, not lower, after deregulation; and
WHEREAS, CAPP experience indicates there are a number of factors which must be
addressed by the 81St Texas Legislature, to include but not limited to:
barring the unlawful exercise of market power, limiting generation
capacity within the market, allowing entities harmed by wholesale market
abuse to participate in Public Utility Commission enforcement actions,
creation of citizen aggregation groups and abandoning all efforts to
transition to a nodal market by the Electric Reliability Council of Texas
(ERGOT).
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1 THAT the City supports the introduction and adoption of legislation in the
81st Session of the Texas State Legislature that promotes affordable
power and the transition of the Texas electric market from a deregulated
market to a fully competitive one.
Sec. 2 THAT the City endorses efforts proposed by CAPP to modify the electric
deregulation legislation to enhance competition, implement the original
intent of SB 7 and reduce costs to the City and its residents.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF~~ AYES, D NAYS AND ~
ABSTENTIONS ON THIS THE DAY OF 2009.
Resolution R-09-3067
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ATTEST:
Cynthia ingleton, TRMC, CMC
City Secretary
CITY OF COLLEYVILLE
~-F-~~~-.L~
David Kelly
Mayor