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Lone Star Gas-CS 881028 Fi CO?¥ Lone Star Gas Company Today, gas utilities and other energy suppliers are operating in a business environment that is increasingly competitive. The drop in the price of imported oil and the federal government's efforts to develop a national market for natural gas have resulted in a current energy market wherein natural gas utilities and pipelines compete with other gas pipelines, fuel oil, coal and electricity. Texas law allows various energy forms to compete for industrial and other large-volume customers. However, the lack of large-volume consumption and traditional utility regulatory concepts have prevented residential and small commercial gas customers from sharing in the benefits this competition has brought to larger customers. These benefits would accrue to smaller customers if increased volumes of gas could be sold at the residential and commercial levels. This problem for small gas consumers has been compounded in recent years by the fact that most electric utilities in this state offer a rebate program for the purchase of electrical appliances and equipment. Up until now, a program of this magnitude was not available to Lone Star's residential and commercial gas customers. The preceding explanation brings me to the purpose of this letter--to introduce you to Lone Star's new Energy Partnership. We feel it will be of benefit to our customers and the City of Coppell. MA¥Oil A2~D COUNCIL DATE- n I ~ I X-~ , , 2 The Energy Partnership, as described in the attadhed outline, is a rebate program similar to those allowed by the Public Utility Commission for electric utilities. Residential and commercial customers will be free to satisfy their demand for energy fr'om competing suppliers on a more equitable basis. Lone Star's Energy Partnership allows ths initial cost ef gas appliances to be competitively balanced with that of appliances using other forms of energy, and prevents the loss of gas load to less efficient, less economic fuels due to the inequality in initial appliance cost. Lone Star Gas Company's Energy Partnership tariff has been filed as a new rate with the Texas Railroad Commission. However, Lone Star will obtain Commission approval before implementing the program. The new intracompany charge between Lone Star's Transmission Division and its Distribution Division will apply to all residential and commercial customers on Lone Star's system. The customers will receive the benefit from the monies collected for rebates. No additional return or indirect cost recovery will be provided for Lone Star. Again, I invite your attention to the attached outline which discusses the need for this program, its objectives and its proposed implementation. I will keep you informed of the status of our filing at the Railroad Commission and will notify you when it has been approved. If you require further information, please let me know. Sincerely, District Manager JDN:sjs Attachment ENERGY PARTNERSHIP OF LDNE STAR GAS CORPANY PROGRAN OVERVI~ Lone Star among the Gas Company's Energy Partnership is based on a partnership company, its customers and its regulators: Customers benefit through lower unit operating costs and financial assistance when upgrading to high-efficiency gas equipment. Customers benefit by maintaining or resulting in higher sales volumes and, costs per unit volume. increasing gas demand, therefore, lower fixed Customers benefit from a reduced requirement for additional pipeline facilities because gas load is leveled by promotion of "off peak" demand. Customers also benefit from a lowering of "peak demand" requirements through use of high-efficiency gas equipment. State and local governments benefit from increased tax revenues generated by higher gas sales. The mechanism that allows the program to work is a rebate for residential and commercial customers upon the purchase of certain high efficiency gas appliances and equipment, including cogeneration and other new technologies for commercial application. The recovery of program costs is based upon actual, direct rebates and costs. The total charge is limited by a maximum amount per thousand cubic feet of gas and a specific maximum rebate for each type of equipment, yet is flexible to meet competition. Such costs are allocated systemwide to all residential and commercial customers through a surcharge based upon city gate volumes. The maximum recovery is 3.5¢ per thousand cubic feet (Mcf), which would yield a maximum annual program fund at current cons%u~ption levels of $4,450,000. Each rebate is subject to a specified maximum. The cost recovery and rebates are limited to residential and commercial customers of Lone Star Gas Company. Avera§e customer charges at maximum utilization would be: Residential: Commercial: $ 2.52 per year or $0.21 per month $15.19 per year or $1.27 per month %;HY IS THIS PROGRAM NECESSARY? Six developments have created the necessity for such a program: · Since 1980, natural gas consumption in Texas has declined by almost one-fourth (22%). The gas industry needs competitive parity with electric utilities wh{ch use rebate programs to compete with gas. In a competitive energy market environment, gas utilities still have the oblizatton to serve residential and commercial customers in spite of the uncertainty of sales load. This uncertainty creates financial risks for both the company and the customer and points to the need for the gas utility to compete in the regulated sales market with suppliers of other forms of energy, primarily electricity. Gas customers deserve to be able to select gas equipment, if they prefer, without having to forego a rebate such as that offered when electrical equipment is purchased. A federal government mandate raises minimum central furnace efficiency standards by 1990. This increase in efficiency will result in an increase in equipment costs. Customers, particularly those with lower incomes, may need assistance in paying this higher initial cost. Innovative new technology utilizing natural gas, such as double-effect absorption chiller/heaters and cogeneration, needs wider acceptance to build economies of scale and, thereby, lower unit costs and prevent waste. The Energy Partnership will assist in halting the erosion of natural gas usage, prevent waste, and serve as a foundation for future growth. WI{AT ARE THE OBJECTIVES? The program elements have been designed to: · Promote energy conservation Introduce new high-efficiency products and technologies which promote conservation, prevent waste, and protect current market share, while lowering consumers' operating costs. · Lower the unit cost of delivered mas Increased utilization of natural gas spread over a fixed investment base, through gas appliance additions and commercialization of new technologies, will ultimately lower the unit cost of gas to our customers. · Stimulate increased mas usaee Encourage additional gas appliance usage by promoting specific appllances, upgrading "low-use" customers to natural gas heat and hot water, marketing gas applications in the commercial market and promoting new technology. Eoualize the competitive market for residential and commercial Maintain momentum for natural gas in new construction and equipment replacement markets. Offering rebates for gas equipment as well as electric equipment allows the customer to select equipment on an equal basis. Maintaining gas usage is important to avoid lower sales volumes and, hence, higher unit costs to customers. · Recover costs alone with no return Expenses alone are recovered, on an estimated and corrected basis, with no element of return on investment, but with interest to adjust for the time value of money, subject to monthly reporting. T° provide the benefits of comnetition to both the utility and its ratepavers Competition exists in the large-volume gas utility market with no present benefit to residential and commercial ratepayers. The rebate program will help ensure economic efficiency as a result of competition. This will benefit residential and commercial ratepayers who do not currently benefit from competition directly by having a regulatory program that replicates some aspects of a competitive market. HOW WILL IT WORK? A separate adjustable surcharge cost recovery mechanism based upon residential and commercial usage measured by city gate volumes ensures uniformity ~nd implementation systemwide. An adjustable surcharge with a maximum allows flexibility in application to meet varying competitive conditions based on projections of anticipated program costs. The adjustable charge and recoveries will be reported monthly. A maximum of 3.5¢ per Mci will be applied, ensuring that the cost remains reasonable. The cost recovering and eligibility for rebates will be limited to the residential and commercial markets. The customers will receive the benefit from the monies collected for rebates, including interest for any imperfection in estimates by Lone Star. No return or indirect cost recovery will be provided for Lone Star. The key elements of the program are flexibility to freely match market competition and the limitation on actual costs. This allows quick adjustments as competitive conditions change. The actual cost to the customers will vary according to the amount paid out, and the rebates paid for each appliance will be varied to meet competitive needs.