Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee hears mixed testimony on bill allowing utilities to defer and later recover gas infrastructure costs
Summary
House Bill 43 84 would let natural gas utilities defer certain costs for newly placed infrastructure and recover them later through GRIP and annual filings, subject to Railroad Commission review; utilities said it reduces borrowing costs while advocates warned of higher near‑term rates for customers.
House Bill 43 84 would permit natural gas utilities to temporarily defer certain costs for newly placed infrastructure—such as post‑in‑service carrying costs, depreciation and property taxes—and recover those deferred amounts through the existing Gas Reliability Infrastructure Program (GRIP) and annual filings, subject to later Railroad Commission review in a full rate proceeding.
Chair and sponsor statements described the proposal as a way to address "regulatory lag," the delay between utilities making infrastructure investments and beginning to recover the cost through rates. Jason Ryan,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
