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HomeMy WebLinkAboutPO 7320: CENTERPOINT ENERGY RESOURCES CORP P. O. No. 7320 2/27/25 gt ORDINANCE NO. AN ORDINANCE OF THE CITY OF PORT ARTHUR, TEXAS, SUSPENDING THE RATES PROPOSED BY CENTERPOINT ENERGY RESOURCES CORP., D/B/A CENTERPOINT ENERGY ENTEX AND CENTERPOINT ENERGY TEXAS GAS COMPANY'S GAS RELIABILITY INFRASTRUCTURE PROGRAM FILING MADE WITH THE CITY ON OR ABOUT FEBRUARY 18, 2025; 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 February 18,2025, CenterPoint Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint Energy Texas Gas ("CenterPoint" or "Company") filed an Annual Gas Reliability Infrastructure Program("GRIP") adjustment with the City of Port Arthur ("City") to increase gas rates in the Beaumont/East Texas geographic rate area pursuant to Gas Utility Regulatory Act, TEX. UTIL. CODE ("Gas Utility Regulatory Act") § 104.301; and WHEREAS, the Company proposed an effective date of April 19, 2025, for the requested increase unless the City suspends the date for a period no longer than forty-five (45)days; and WHEREAS, the City has exclusive original jurisdiction over the rates, operations and services of a gas utility in areas in the municipality pursuant to Gas Utility Regulatory Act § 103.001; and WHEREAS, Gas Utility Regulatory Act § 104.301 requires a streamlined process for the recovery of the costs of incremental investment by a gas utility; and WHEREAS, the City's review of CenterPoint's GRIP filing is limited to a ministerial review of the filing for compliance with the statute; and WHEREAS,the City finds the need to suspend the effective date of CenterPoint's requested rate increase for 45 days beyond the Company's proposed effective date until June 3, 2025, in order to review the Company's filing for compliance with Gas Utility Regulatory Act § 104.301; and WHEREAS,the reasonableness of the Company's investment will be reviewed in CenterPoint's future base rate case where all costs included in CenterPoint's GRIP filing will be subject to refund. NOW THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR,TEXAS: 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 effective date of the Company's proposed GRIP rate increase, and the proposed tariffs related thereto, is hereby suspended until June 3, 2025. Section 3. That to the extent the City finds that the rates proposed by CenterPoint's filing comply with Gas Utility Regulatory Act § 104.301,then the rates will become effective by operation of law on June 3, 2025. Section 4. That the meeting at which the 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, this day of March, 2025, A.D., at a Regular 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 APPROVED AS Roxann Pais Cotroneo, City Attorney APPROVED 5 R ADMINISTRATION: 4101.1 Ron Burton, P► , City Manager