Laserfiche WebLink
CONCLUSION <br />The Legislature's GRIP process allowed gas utilities to receive annual rate increases <br />associated with capital investments. The RRM process has proven to result in a more efficient and <br />less costly (both from a consumer rate impact perspective and from a ratemaking perspective) than <br />the GRIP process. Given Atmos Mid-Tex's claim that its historic cost of service should entitle it to <br />recover $42 million in additional system -wide revenues, the RRM settlement at $24.9 million <br />reflects savings of $17.1 million. ACSC's consultants produced a report indicating that Atmos had <br />justified increased revenues of at least $21.7 million. Settlement at $24.9 million is fair and <br />reasonable. The ACSC Executive Committee consisting of city employees of 18 ACSC members <br />urges all ACSC members to pass the Resolution before September 30, 2018. New rates become <br />effective October 1, 2018. <br />2557/30/7718885 <br />4 <br />