Controversial “alternative” rate-making schemes allow monopoly utilities to hike rates without substantive regulatory review. ________________________________________________ Natural gas commodity prices are less than half what they were in 2004 and yet average home...
The Gas Reliability Infrastructure Program, or GRIP, allows monopoly gas utilities to hike rates even if the company’s overall expenditures are on the decline, or even if its revenues are increasing. Under the rules of GRIP, a utility need only claim extra investment...
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.