Item 5JOrdinance No . 896
June 20, 2006
Ordinance No. 896
Atmos filed its third surcharge request under the GRIP statue;
Residential customers surcharge would increase from $0.51 to $1.09
Commercial customers surcharge would increase from $1.75 to $3.68
Industrial customers surcharge would increase from $78.47 to $151.96
Ordinance No. 896
Ordinance No. 896 denies the 2005 surcharge request;
The following problems were identified in the filing:
Does not represent Atmos Energy’s cost
Rate base includes unexplained increases
Creates the potential for double-counting and double-recovery
Ordinance No. 896
On May 31, 2006 Atmos filed a Statement of Intent to increase its rates using December 31, 2005 as the test year;
2005 capital investment made by Atmos is the subject of two proceedings-this GRIP filing and the Statement of Intent;
This ordinance requires any cost incurred by the City in reviewing Atmos GRIP request shall be promptly reimbursed by the Atmos;
QUESTIONS?