Laserfiche WebLink
RATE TARIFFS <br />Atmos generated rate tariffs attached to the Resolution/Ordinance will generate $115 million <br />in additional revenues. Atmos also prepared a Proof of Revenues supporting the settlement figures. <br />ACSC consultants have agreed that Atmos' Proof of Revenues is accurate. <br />BILL IMPACT <br />The impact of the settlement on average residential rates is an increase of $4.60 on a monthly <br />basis, or 6.7 percent. The increase for average commercial usage will be $14.34 or 4.3 percent. Atmos <br />provided bill impact comparisons containing this figures. <br />SUMMARY OF ACSC'S OBJECTION TO THE UTILITIES CODE SECTION 104.301 GRIP <br />PROCESS <br />ACSC strongly opposed the GRIP process because it constitutes piecemeal ratemaking by <br />ignoring declining expenses and increasing revenues while rewarding the Company for increasing <br />capital investment on an annual basis. The GRIP process does not allow any review of the <br />reasonableness of capital investment and does not allow cities to participate in the Railroad <br />Commission's review of annual GRIP filings or allow recovery of Cities' rate case expenses. The <br />Railroad Commission undertakes a mere administrative review of GRIP filings (instead of a full <br />hearing) and rate increases go into effect without any material adjustments. In ACSC's view, the <br />GRIP process unfairly raises customers' rates without any regulatory oversight. In contrast, the RRM <br />process has allowed for a more comprehensive rate review and annual evaluation of expenses and <br />revenues, as well as capital investment. <br />RRM SAVINGS OVER GRIP <br />While residents outside municipal limits must pay rates governed by GRIP, there are some <br />cities served by Atmos Mid -Tex that chose to remain under GRIP rather than adopt RRM. <br />Additionally, the City of Dallas adopted a variation of RRM which is referred to as DARR. When <br />2557/35/8444378 2 <br />