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...
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...
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...
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...
New report details the history of the Atmos Cities Steering Committee. Under Texas law, city governments and the Texas Railroad Commission share regulatory authority over gas utilities. Cities typically band together in coalitions to exercise their portion of this...
Atmos Energy filed a new RRM request to increase annual rates by $16.8 million system-wide in its West Texas service territory, and about $7.1 million of that request would be applicable to ACSC member cities. ________________________________________________ Early in...
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.