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2019-027 - Negotiated Settlement between Atmos Cities and Atmos EnergyCorp. - 2019 Rate Review
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2019-027 - Negotiated Settlement between Atmos Cities and Atmos EnergyCorp. - 2019 Rate Review
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9/10/2019 12:02:15 PM
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the Legislature, and that will establish rates for the ACSC Cities based on the system -wide cost <br />of serving the Atmos Mid -Tex Division; and <br />and <br />WHEREAS, the current RRM tariff was adopted by the City in a rate ordinance in 2018; <br />WHEREAS, on about April 1, 2019, Atmos Mid -Tex filed its 2019 RRM rate request <br />with ACSC Cities based on a test year ending December 31, 2018; and <br />WHEREAS, ACSC coordinated its review of the Atmos Mid -Tex 2019 RRM filing <br />through its Executive Committee, assisted by ACSC's attorneys and consultants, to resolve <br />issues identified in the Company's RRM filing; and <br />WHEREAS, the Executive Committee, as well as ACSC's counsel and consultants, <br />recommend that ACSC Cities approve an increase in base rates for Atmos Mid -Tex of $35.4 <br />million applicable to ACSC Cities; and <br />WHEREAS, the attached tariffs (Exhibit A) implementing new rates are consistent with <br />the recommendation of the ACSC Executive Committee, are agreed to by the Company, and are <br />just, reasonable, and in the public interest; and <br />WHEREAS, the settlement agreement sets a new benchmark for pensions and retiree <br />medical benefits (Exhibit B); and <br />WHEREAS, the settlement agreement establishes an amortization schedule for regulatory <br />liability (Exhibit C); and <br />WHEREAS, the RRM Tariff contemplates reimbursement of ACSC's reasonable expenses <br />associated with RRM applications; <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE <br />CITY OF PARIS, TEXAS: <br />2 <br />
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