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HomeMy WebLinkAboutPO 6544: APPROVING THE RATE INCREASE SETTLEMENT OF TEXAS GAS SERVICE COMPANY P.O. No. 6544 03/21/16 gt ORDINANCE NO. AN ORDINANCE BY THE CITY OF PORT ARTHUR, TEXAS ("CITY") APPROVING THE RATE INCREASE SETTLEMENT OF TEXAS GAS SERVICE COMPANY; SETTING FINAL RATES; APPROVING A RATE CASE EXPENSE COLLECTION SURCHARGE; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE WHEREAS, on or about December 30, 2015, Texas Gas Service Company filed a Statement of Intent with the City to consolidate the existing South Jefferson County Service Area and the Galveston Service Area into a newly created Gulf Coast Service Area and to increase natural gas rates by $3.171 million per year; and WHEREAS, Texas Gas Service Company updated and revised its original rate request for the Gulf Coast Service Area to $3.308 million per year; and WHEREAS, the City of Port Arthur suspended the effective date of the Texas Gas Service Company's rates within its jurisdictional limits until at least May 3, 2016 and hired the Lawton Law Firm, P.C. to review the Company's rate change request and proposed tariffs; and WHEREAS, the expert utility rate consultants retained to review Texas Gas Service Company's rate increase on behalf of the City have made a range of proposed adjustments and concluded that Texas Gas Service Company has not justified the need for a $3.308 million annual rate increase. The consultants' analyses recommend reducing the Texas Gas Service Company annual rate request by about $1.208 million s.po6544 resulting in an annual increase of about $2.1 million for the Gulf Coast Service Area; and WHEREAS, Texas Gas Service Company, Railroad Commission Staff, South Jefferson County Service Area Cities, and Galveston Service Area Cities participated in a number of settlement discussions to resolve the rate case issues without litigation; and WHEREAS, Texas Gas Service Company has agreed to settle the rate request at a rate increase level of $2.3 million per year for the combined Gulf Coast Service Area, setting the residential customer charge at $13.00 per month, allocating costs to customer classes based on Company witness Cummings Option 3 allocation which minimizes residential class impact while no other customer class is moved further from cost based revenue assignment, and the current separate gas cost clauses for South Jefferson County Service Area Cities and Galveston Service Area Cities will be maintained in the newly combined Gulf Coast Service Area level, and reasonable rate case expenses will be recovered from all customers through a 24 month surcharge; and WHEREAS, the Railroad Commission Staff, the Lawton Law Firm retained to represent the South Jefferson Service Area Cities, and counsel for the Galveston Service Area Cities have recommended approval of the Settlement terms as a reasonable alternative to resolve the rate case issues without litigation; and WHEREAS, the statutory deadline to act on Texas Gas Service Company's rate increase request is May 3, 2016. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: S.po6544 Section 1. That the statement and findings set out in the preamble to this Ordinance are hereby in all things approved and adopted. Section 2. That the City of Port Arthur hereby approves rates and tariffs consistent with the Texas Gas Service Company proposed Settlement. Section 3. That Texas Gas Service Company is hereby Ordered to file with the City rates and tariffs consistent with the proposed Settlement. Section 4. That the meeting at which this Ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 5. That this ordinance shall become effective from and after its passage. READ, ADOPTED AND APPROVED on this day of A.D., 2016, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor: Councilmembers: , NOES: . Deloris "Bobbie" Prince, Mayor s.po6544 ATTEST: Sherri Bellard, City Secretary AP ROVED AS TO FORM: /17 Valecia R. T eno, City Attorney APPROVED FOR ADMINISTRATION: Brian McDougal, City Manager s.po6544