Item 5J AudioIntegrity
Innovation
Accountability
Commitment to Ordinance No . 896
Excellence
June 20, 2006
Ordinance No. 896
Integrity • Atmos filed its third surcharge
Innovation request under the GRIP statue;
Accountability
Commitment to — Residential customers surcharge
Excellence would increase from $0.51 to $1.09
Teamwork
— Commercial customers surcharge
would increase from $1.75 to $3.68
— Industrial customers s rcha ge
would increase fro 0
$151.96
,�!
Ordinance No. 896
Integrity • Ordinance No. 896 denies the 2005
Innovation surcharge request;
Accountability
Commitment to
Excellence . The following problems were identified
Teamwork
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
Integrity
Innovation Statement of Intent to increase its rates
Accountability using December 31, 2005 as the test
Commitment to year,
Excellence
Teamwork — 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
reimburse A&,e Atmos,
Integrity
Innovation
Accountability
Commitment to QUESTIONS?
Excellence