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Council approves renewal of Atmos rate-review mechanism tariff on first reading
Summary
Assistant City Manager Johnston briefed the council on renewing a tariff that authorizes an annual rate-review mechanism (RRM) for Atmos' West Texas division; staff said consumer impact is minimal and the council approved the ordinance on first reading.
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Assistant City Manager Johnston explained the city is being asked to renew a tariff authorizing an annual rate-review mechanism (RRM) administered through a West Texas Atmos steering committee. The RRM gives participating cities a role in reviewing Atmos' system-wide cost-based rate adjustments; Johnston said the renewal is recommended for another approximately eight-year period and that staff saw "no substantial changes" from the 2018 tariff.
Council members asked about consumer impact; Johnston said the immediate effect on consumers is minimal, citing "about a $2.50 per MFC on your rate for the gas." The council moved, seconded and approved Ordinance No. 26-37-85 on first reading.
