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HomeMy WebLinkAboutPO 7282: TEXAS GAS SERVICE COMPANY P.O. No. 7282 09/20/24 ht ORDINANCE NO. AN ORDINANCE OF THE CITY OF PORT ARTHUR, TEXAS DENYING THE STATEMENT OF INTENT OF TEXAS GAS SERVICE COMPANY, A DIVISION OF ONE GAS, INC. TO INCREASE RATES IN THE INCORPORATED AREAS OF THE CENTRAL-GULF SERVICE AREA; REQUIRING REIMBURSEMENT OF MUNICIPAL RATE CASE EXPENSES; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; AND DECLARING AN EFFECTIVE DATE FOR THIS ORDINANCE. WHEREAS, on or about June 3, 2024, Texas Gas Service Company, a Division of ONE Gas, Inc. ("TGS" or"Company") filed a Statement of Intent with the City of Port Arthur("City") to increase gas rates in the incorporated areas of the Central-Gulf Service Area; and WHEREAS, in its Statement of Intent, TGS proposed to increase its revenue requirement by $25.6 million per year; and WHEREAS,City has exclusive original jurisdiction over the rates,operations and services of a gas utility in areas in the municipality pursuant to Tex. Util. Code §103.001; and WHEREAS, Gas Utility Regulatory Act§ 103.021 requires a local regulatory authority to make a reasonable determination of rate base, expenses, investment and rate of return and retain the necessary personnel to determine reasonable rates; and WHEREAS,the City's reasonable cost for regulatory expenses in ratemaking proceedings shall be reimbursed by the gas utility under Gas Utility Regulatory Act § 103.022; and WHEREAS,in order to exercise its exclusive original jurisdiction and properly review the requested rates,it was necessary for the City to suspend TGS's proposed effective date for 90 days to October 6, 2024; and WHEREAS, the City retained the Lawton Law Firm, P.C. to review TGS's rate request and make necessary rate recommendations to the City; and WHEREAS, expert utility rate consultants retained to review TGS's rate increase on behalf of the City and other similarly situated Cities recommended adjustments to TGS's proposed rate of return, capital structure, depreciation recoveries, and other cost of service items, and concluded that the Company failed to show that its requested rates are just and reasonable. NOW THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR,TEXAS: P.O. No. 7282 09/20/24 ht SECTION 1. That the statements set out in the preamble to this ordinance are adopted herein as if set forth herein. SECTION 2. That TGS's Statement of Intent to increase rates in the incorporated areas of the Central-Gulf Service Area is denied. SECTION 3. That the Company shall maintain its current rates under its currently approved rate schedules. SECTION 4. That the Company shall promptly reimburse the City's rate case expenses, as provided by Gas Utility Regulatory Act § 103.022(a). SECTION 5. That the meeting at which this ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Chapter 551. SECTION 6. That this ordinance shall be effective immediately on passage. READ,ADOPTED AND APPROVED on this day of 2024, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor: Councilmembers: NOES: Thurman Bill Bartie Mayor ATTEST: Sherri Bellard City Secretary P.O. No. 7282 09/20/24 ht APP OVED AS TO FORM: LAtigeo oxann P i Cotroneo City Attorney APPROVE I OR ADMINISTRATION: 61,** Ronald B on, CPM City Ma ager