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Resolution No. 22-24: approve Atmos Energy rate settlement and new gas tariffs

Final Resolution Resolution No. 22-24

What this is

Resolution No. 22-24 approves a negotiated settlement between the Atmos Cities Steering Committee and Atmos Energy Corp., Mid-Tex Division on the company's 2022 Rate Review Mechanism filing, declares existing rates unreasonable, and adopts new tariffs reflecting the agreed-upon rate adjustments.

Why it matters

The approved settlement will change the rates Richardson residents pay for natural gas service.

Council action

Approved Via consent agenda

Motion to approve the item as presented

Moved by Ken Hutchenrider. Seconded by Arefin Shamsul.

7 yes · 0 no

The approved minutes report the tally without a name-by-name roll call.

Timeline

Appearances on agendas

  • Item 13B2 Approved

    City Council — September 26, 2022

    Adopt Resolution No. 22-24

    Official agenda language

    RESOLUTION NO. 22-24, APPROVING A NEGOTIATED SETTLEMENT BETWEEN THE ATMOS CITIES STEERING COMMITTEE (“ACSC”) AND ATMOS ENERGY CORP., MID-TEX DIVISION REGARDING THE COMPANY’S 2022 RATE REVIEW MECHANISM FILING; DECLARING EXISTING RATES TO BE UNREASONABLE; ADOPTING TARIFFS THAT REFLECT RATE ADJUSTMENTS CONSISTENT WITH THE NEGOTIATED SETTLEMENT; FINDING THE RATES TO BE SET BY THE ATTACHED SETTLEMENT TARIFFS TO BE JUST AND REASONABLE AND IN THE PUBLIC INTEREST; APPROVING AN ATTACHMENT ESTABLISHING A BENCHMARK FOR PENSIONS AND RETIREE MEDICAL BENEFITS; REQUIRING THE COMPANY TO REIMBURSE ACSC’S REASONABLE RATEMAKING EXPENSES; DETERMINING THAT THIS RESOLUTION WAS PASSED IN ACCORDANCE WITH THE REQUIREMENTS OF THE TEXAS OPEN MEETINGS ACT; AND REQUIRING DELIVERY OF THIS RESOLUTION TO THE COMPANY AND THE ACSC’S LEGAL COUNSEL.

Documents

Packet — September 26, 2022Presentations — September 26, 2022Minutes — September 26, 2022

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