Laserfiche WebLink
It is not anticipated that there will be any assessment or monetary encumbrance for <br />participating Cities. Rate case expenses of Cities will be reimbursed by TXU and adequate funds <br />appear to be available from old Lone Star Gas ratemaking funds to cover initial costs until <br />reimbursement is arranged. <br /> <br /> Cities and TXU are currently in discussion regarding procedural issues that may lead the <br />Steering Committee of Cities to recommend denial of rate relief on an expedited basis in <br />exchange for TXU agreeing to extend its effective date to create 115 extra days of time (for a <br />total of 300 days) at the Commission. TXU is encouraging all Cities to immediately deny the <br />requested increase, but that should not be done until a procedural agreement is in place. The <br />rates should be suspended and suspension must occur within 35 days of the date TXU files it <br />case or the Company will have an opportunity to implement the rates in the City as filed. <br /> <br /> 1668\09~mmoO30520gmg <br /> <br /> <br />