The committee will receive a presentation from consulting firm Freese & Nichols, which has conducted a water and wastewater cost-of-service study. Subconsultant NewGen Strategies & Solutions will also give a presentation on its findings in its electric cost-of-service study, according to the meeting agenda.
Other presentation items on the agenda include an NBU water and sewer system overview, an electric system overview, and a discussion on rate strategies and policies.
Committee members will also receive an overview of NBU customers and revenue requirements in the rate process and discuss the goals and expectations for the recommendations they will make.
The advisory committee will also use the 2022-23 cost-of-service and rate design study to make recommendations to NBU management and the board of trustees. NBU will be presenting a new rate plan to the City Council in April 2023.
The advisory committee consists of 18 members appointed by the NBU board, seven of which are nominated by each member of the New Braunfels City Council.
“Each rate advisory committee member represents a constituency and shall facilitate the flow of ideas and concerns from the community to NBU management and the board of trustees,” NBU states on its website.
The meeting will take place at 2:30 p.m. Aug. 10 at the Courtyard Marriott's River Village Ballroom, 750 N. I-35, New Braunfels. The third meeting is scheduled to take place Sept. 14 at 3 p.m.