From
Gloria Colvin
Title
Second and final reading of an ordinance approving a negotiated settlement between the Atmos Cities Steering Committee and Atmos Energy Corp., Mid-Tex Division regarding the company's 2014 and 2015 Rate Review Mechanism Filings
Presenter
Gina Alley, Assistant to City Manager
Recommended Action
Approve
Analysis
Settlement agreement with Atmos Mid- Tex. Effective for bills rendered on or after June 1, 2015, the ordinance and settlement approve under the RRM tariff changes in the consumption charge from $.08819 per Ccf to $.09931 per Ccf.
Financial Consideration
The monthly bill impact for the typical residential customer consuming 60 Ccf will be an increase of $1.14 (about a 1.59% increase in the base bill). The typical commercial customer will see an increase of $2.69 or .96%.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, approving a NEGOTIATED settlement between the atmos cities steering committee (“ACSC”) and ATMOS ENERGY CORP., mid-tex DIVISION regarding the company’s 2014 and 2015 rate review mechanism filings; approving a settlement agreement with attached rate tariffs and proof of revenues; declaring EXISTING rates to be unreasonable; adopting tariffs that reflect rate adjustments consistent with the NEGOTIATED SETTLEMENT; finding the rates to be set by the settlement tariffs to be just and reasonable and in the public interest; REQUIRING THE COMPANY TO REIMBURSE ACSC’s REASONABLE RATEMAKING EXPENSES; determining that this Resolution was passed in accordance with the REQUIREMENTS of the texas open meetings act; ADOPTING A SAVINGS CLAUSE; declaring an effective date; AND REQUIRING Delivery OF THIS RESOLUTION TO the company and the ACSC’s legal counsel
Whereas, the City of Grand Prairie, Texas (“City”) is a gas utility customer of Atmos Energy Corp., Mid-Tex Division (“Atmos Mid-Tex” or “Company”), and a regulatory authority with an interest in the rates and charges of Atmos; and
Whereas, the City is a...
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