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Hendersonville adopts 2% Piedmont Natural Gas franchise fee; board adds yearly review language
Summary
The Board of Mayor and Aldermen approved a franchise agreement with Piedmont Natural Gas setting a 2% fee and adding language to allow the city to change the fee by ordinance, subject to Tennessee regulators; vote was 9-4.
HENDERSONVILLE, Tenn. — The Board of Mayor and Aldermen voted 9-4 on July 2025 to adopt a franchise agreement with Piedmont Natural Gas Co. that sets a 2% franchise fee and adds wording allowing the city to change the fee by ordinance, subject to approval by the Tennessee regulatory authority no more than once per year.
The vote came after city staff and Piedmont representatives updated revenue estimates used in the fiscal 2026 budget. City staff had earlier included $195,000 in franchise revenue based on initial figures; Piedmont recalculated that a 1% fee equals roughly $150,000, and staff told the board that $175,000 was currently accounted for in the draft budget. The board agreed to set the fee at 2% and asked staff to update the budget numbers accordingly.
Why it matters: The fee is a…
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