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Pampa gives first reading to Atmas West Texas rate-review tariff ordinance
Summary
The commission gave first reading to Ordinance No. 1831, which would authorize an annual rate-review mechanism (RRM) for Atmas Energy Corp.'s West Texas division; a staff member explained the RRM’s history and benefits and the measure passed first reading and will require a second reading before final adoption.
The Pampa City Commission gave first reading to Ordinance No. 1831, which would approve a tariff authorizing an annual rate-review mechanism (RRM) negotiated between Atmas Energy Corp.'s West Texas division and a steering committee of cities served by the company.
A staff member identified as Shane summarized the RRM's history and purpose: the arrangement dates to 2007, was created to replace an earlier process (a GRIP filing) that limited city participation in rate proceedings, and is intended to expedite annual reviews of capital investments, expenses and revenues so cities and the company can resolve changes without large "XL" rate cases. Shane said the RRM also permits the company to reimburse cities' reasonable rate-making expenses, a change from the prior GRIP approach.
Commissioners moved and seconded Ordinance No. 1831 on first reading. The motion carried by voice vote; the transcript does not record a roll-call tally. A commissioner noted the RRM ordinance requires two readings and that adoption needs to occur by the end of March, explaining the meeting was brief to meet that schedule.
If adopted after the required second reading, Ordinance No. 1831 would authorize the city to participate in the RRM process negotiated by the steering committee and Atmas West Texas and to recover reasonable rate-making expenses as described in the tariff language read into the record.
