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Colleyville staff recommends approval of negotiated Atmos Energy rate settlement; average gas bill to rise under agreement
Summary
Staff presented a negotiated settlement with Atmos Energy under the RRM process that would limit a system-wide rate increase and yield an estimated average residential increase of $7.83 per month; item was presented as a first reading.
City staff and the Atmos City Steering Committee (ACSC) told the Colleyville City Council that a negotiated settlement with Atmos Energy Corp., Mid-Tex Division, would lower an initial company request for a system-wide rate increase.
Under the RRM (Rate Review Mechanism) process used by the ACSC, the company initially requested a system-wide increase the committee described as $245 million; application of the committee’s RRM…
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