PSC adopts final order in Atmos Energy rate case; majority of staff positions approved including 9.4% ROE and 50‑50 capital structure

Mississippi Public Service Commission · November 5, 2025

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Summary

The commission issued a final order in Atmos Energy's rate case, adopting many public utility staff recommendations including use of a historic test year, a 50‑50 capital structure and a 9.4% return on equity, while also accepting some company proposals such as an incentive compensation program.

The Mississippi Public Service Commission approved a final order resolving disputed issues in Atmos Energy's rate case (hearing held Sept. 30–Oct. 2).

Mister Jones summarized the commission's findings, saying the commission adopted the majority of public utility staff positions — including using a historic test year, applying a 50‑50 capital structure and setting a return on equity at 9.4%. Jones said the commission accepted some Atmos proposals, including the company's proposed incentive compensation program, and that nearly 20 other disputed issues are detailed in the written order.

Commissioners approved the proposed final order by voice vote.

What happens next: The commission's written order documents all findings and determinations; implementation will proceed under the timetable set in that order.