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Staff and Texas Gas Service brief commission on 2024 rate case, GRIP filings and franchise timeline
Summary
City staff summarized the 2024 Texas Gas Service (TGS) rate case settlement and recommended the commission develop rate-case and franchise negotiation priorities; TGS presented on safety, pipeline replacement, customer assistance and winter-storm cost recovery.
City staff and Texas Gas Service (TGS) presented a joint briefing to the Resource Management Commission covering the 2024 rate-case settlement, GRIP filings (Gas Reliability Infrastructure Program), customer-assistance contributions and the upcoming franchise-agreement timeline.
Maria Norton, city controller, summarized the 2024 negotiated settlement: the settlement reduced the company’s proposed revenue requirement and lowered the return-on-equity and rate-of-return from the utility’s initial filing; new rates were implemented in December 2024 after Railroad Commission approval. Norton explained timelines: settlement negotiations begin quickly after a filing and cities…
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