Item 4IInnovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork
Item 4I
Ordinance No. 926
Purpose
Endorse the Settlement Agreement between Atmos and Atmos Cities Steering Committee (ACSC)
Ordinance No. 926
Background
Atmos filed Statement of Intent to increase natural gas rates
Southlake suspended the effective date of the rate increase
Ordinance No. 926
Settlement
Provides rate certainty for customers
Implements an expedited rate review process
Eliminates piecemeal ratemaking
Requires Atmos to reimburse the steering committee of rate case expenses
Avoids the necessity of costly litigation
Questions?
Sharen Jackson
817.748.8042
Innovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork