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Blog: Railroad Commission approves securitizing $3.4 billion in natural gas utility costs

Blog: Railroad Commission approves securitizing $3.4 billion in natural gas utility costs

by ACSC | Nov 16, 2021 | Blog, Regulatory Action

The regulatory decision means that ratepayers will end up paying over many years for fuel they consumed during a single month. ________________________________________________ The Texas Railroad Commission has authorized the use of $3.4 billion in long-term debt to...
Blog: Texas’ Underground Storage Facilities Adding Natural Gas Reserves

Blog: Texas’ Underground Storage Facilities Adding Natural Gas Reserves

by ACSC | Oct 29, 2021 | Blog, Safety, Utility News

Gas supply disruptions were partially responsible for this year’s rolling blackouts that left more than 4 million Texans without power. ________________________________________________ An additional 100 billion cubic feet in natural gas has been added into the state’s...
Blog: Railroad Commission approves securitizing $3.4 billion in natural gas utility costs

Blog: Regulators Consider Designation of Critical Gas Facilities

by ACSC | Oct 13, 2021 | Blog, Regulatory Action, Texas Legislature

The lack of critical facility designations during Winter Storm Uri represented one of the largest underlying failures of both the electric and gas industries during the event, according to the coalitions. ________________________________________________ Although...
Blog: Opt-Out Proposal for Critical Gas Suppliers Draws Fire from Lawmakers

Blog: Opt-Out Proposal for Critical Gas Suppliers Draws Fire from Lawmakers

by ACSC | Sep 30, 2021 | Blog, Regulatory Action

Lawmakers criticize proposed regulations that would allow natural gas suppliers to avoid critical unit designation. ________________________________________________ Proposed Texas Railroad Commission regulations that would allow natural gas suppliers to opt-out of...
BLOG: Railroad Commission Considers Critical Designation Rules for Natural Gas Providers

BLOG: Railroad Commission Considers Critical Designation Rules for Natural Gas Providers

by ACSC | Sep 17, 2021 | Blog, Regulatory Action, Texas Legislature

The proposed rules would enact various provisions of House Bill 3648 and Senate Bill 3 — two bills adopted by the Texas Legislature this year in response to February’s statewide power outages. ________________________________________________ Draft rules specifying how...
UPDATED: Gas Utilities Seek Billions in Securitized Reimbursements

UPDATED: Gas Utilities Seek Billions in Securitized Reimbursements

by ACSC | Sep 16, 2021 | Blog, Regulatory Action, Texas Legislature

Securitization is a low-cost financing method whereby utilities receive immediate payments for incurred expenses, while customers pay back the securitized amounts over an extended period through a surcharge on bills. ________________________________________________ On...
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One of the most important municipal coalitions currently active in gas ratemaking is the Atmos Cities Steering Committee, an organization of over 150 cities in north and central Texas with nearly 1.2 million residential customers.

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