This Resolution allows for the suspension of the requested interim Rate Adjustment made by Texas Gas Service under the Gas Reliability infrastructure program (GRIP). The GRIP allows gas companies to recover cost for infrastructure improvements through annual rate increases between full rate cases. The suspension period is for 45 days pending hearing and discussion by the City Council.
The proposed interim rate adjustment would raise rates by $1.33 (4.10%) for residential, and $5.79 (3.65%) for commercial. The new monthly customer charge would be $16.61 and $43.79 respectively. The average total bill would be $33.74 and $164.51 respectively.
The complete explanation and rate summary is available in the attached public notice.
The City of Kyle will join with The City of Austin and other cities included in the GRIP in reviewing the request. The City of Austin will lead the review.
Texas Gas will reimburse the City of Austin for their expenses associated with the review. Texas law allows gas utilities to pass along rate case and GRIP expenses to their customers in subsequent rate requests. |