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2022-058 - Approving a Negotiated Settlement Between The Atmos Cities Steering Committee (“ACSC”) & Atmos Energy Corp. Regarding 2022 Rate Review Mechanism Filing; and Adopting Tariffs that Reflect Rate Adjustments
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2022-058 - Approving a Negotiated Settlement Between The Atmos Cities Steering Committee (“ACSC”) & Atmos Energy Corp. Regarding 2022 Rate Review Mechanism Filing; and Adopting Tariffs that Reflect Rate Adjustments
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WHEREAS, the current RRM tariff was adopted by the City in a rate ordinance in <br /> 2018; and <br /> WHEREAS, on about April 1, 2022, Atmos Mid-Tex filed its 2022 RRM rate request <br /> with ACSC Cities based on a test year ending December 31, 2021; and <br /> WHEREAS, ACSC coordinated its review of the Atmos Mid-Tex 2022 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$115 <br /> million on a system-wide basis with an Effective Date of October 1, 2022; and <br /> WHEREAS,ACSC agrees that Atmos' plant-in-service is reasonable; and <br /> WHEREAS, with the exception of approved plant-in-service, ACSC is not foreclosed <br /> from future reasonableness evaluation of costs associated with incidents related to gas leaks; <br /> and <br /> WHEREAS, the attached tariffs (Attachment 1) implementing new rates are <br /> consistent with the recommendation of the ACSC Executive Committee, are agreed to by the <br /> Company, and are just, reasonable, and in the public interest; and <br /> WHEREAS,the settlement agreement sets a new benchmark for pensions and retiree <br /> medical benefits (Attachment 2); and <br /> WHEREAS, the RRM Tariff contemplates reimbursement of ACSC's reasonable <br /> expenses associated with RRM applications; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> PARIS,TEXAS: <br /> 2 <br />
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