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 $2.04 for residential, and $4.13 for small commercial, and $25.06 for large commercial.
The complete explanation and rate summary is available in the attached FAQ. |