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BLOG: Railroad Commission Approves TGS Rate Settlement

BLOG: Railroad Commission Approves TGS Rate Settlement

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...
BLOG: More than $100 Million in Annual GRIP Charges Since 2019

BLOG: More than $100 Million in Annual GRIP Charges Since 2019

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...

Blog: Salary, Benefits Info for New CenterPoint CEO

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,...

Blog: Change at the Top for Houston’s CenterPoint Energy

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...

Blog: Cities, State mark 100 years of Cooperation with Milestone Cox Act

by ACSC | Jun 26, 2020 | Blog, Gas Consumers, Municipal Resources, Regulatory Action, Utility News

  Milestone Texas legislation created the model for Texas utility regulation. ________________________________________________ This month marks an important anniversary in the Lone Star State — but one most Texans surely never heard of. It was 100 years ago this...

Blog: Bumpy Ride for Texas-Based Utility Company CenterPoint

by ACSC | Jun 11, 2020 | Blog, Regulatory Action, Utility News

  A smaller price tag in an asset sale is the latest bump in a tumultuous stretch for Houston’s CenterPoint Energy. ________________________________________________ Buffeted by a recent drop in stock prices, the departure of top brass and a bumpy sale of...
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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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