by ACSC | Nov 24, 2020 | Blog, News Round-Up
Washington Post: Biden sends signal he is serious about climate change with John Kerry pick Nov. 24 — Installing the senior statesman into the newly created position gives it gravitas at a time when U.S. credibility abroad on global warming and other issues has...
by ACSC | Nov 16, 2020 | Blog, Gas Consumers, Reports
During an earnings call, the company reported $242.2 million in increased capital expenditures during the 12-month period ending Sept. 30, 2020. ________________________________________________ Atmos customers across its multi-state system may face bill increases of...
by ACSC | Aug 31, 2020 | Blog, Gas Consumers, Regulatory Action
August TGS Rate Case Settlement leads to Avoided-Cost Savings. We recently analyzed a series of Texas gas utility rate cases, comparing the companies’ requested hikes with final approved rates. We also have analyzed utility rate requests in which cities intervened for...
by ACSC | Aug 25, 2020 | Blog, Gas Consumers
Three utilities collect more than $100 million in annual GRIP charges since 2019. The Gas Reliability Infrastructure Program, or GRIP, allows monopoly gas utilities to increase rates even if the company’s overall expenditures are declining, even if its revenues...
by ACSC | Jul 13, 2020 | Blog, Gas Consumers, Utility News
New CenterPoint CEO said to prioritize shareholders, regulators. ________________________________________________ The new CEO of Houston’s CenterPoint Energy will receive a base salary of $1.35 million per year, plus a sign-on equity stock award valued at $1 million,...
by ACSC | Jul 2, 2020 | Blog, Gas Consumers, Utility News
Former Halliburton CEO also served on CenterPoint Board of Directors. ________________________________________________ Former Halliburton CEO David Lesar has taken the reins of CenterPoint Energy, the Houston-based energy company beset in recent months by falling...
