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HomeMy WebLinkAboutResolution - 2013-R0385 - Suspend Atmos Energy Corp.'S Proposed Effective Date For Rate Increase - 11/07/2013Resolution No. 2013-RO385 November 7, 2013 Item No. 5.1 RESOLUTION NO. 2013-RO385 RESOLUTION BY THE CITY OF LUBBOCK, TEXAS ("CITY") SUSPENDING THE ATMOS ENERGY CORPORATION'S PROPOSED EFFECTIVE DATE FOR NINETY DAYS IN CONNECTION WITH THE STATEMENT OF INTENT TO INCREASE RATES SUBMITTED TO THE CITY ON OR ABOUT OCTOBER 18, 2013; REQUIRING THE REIMBURSEMENT OF MUNICIPAL RATE CASE EXPENSES; AUTHORIZING PARTICIPATION IN RELATED RATE PROCEEDINGS; AUTHORIZING THE RETENTION OF SPECIAL COUNSEL; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE WHEREAS, Atmos Energy Corporation ("Atmos" or "Company") filed a Statement of Intent with the City on or about October 18, 2013 to change its rate schedules within the corporate limits of the City; and WHEREAS, Atmos' proposed increase in revenue would advance Atmos' decision to seek uniform rates throughout its West Texas Division, which it pursued in its previous Statement of Intent by consolidating the Lubbock Rate Jurisdiction, Amarillo Rate Jurisdiction, and the West Texas Cities Rate Jurisdiction into a single rate division that Atmos refers to as the "West Texas Division;" and WHEREAS, previously Atmos regarded the City of Lubbock as a separate rate division (the "Lubbock Rate Jurisdiction") and calculated rates on that basis; and WHEREAS, the creation of the consolidated "West Texas Division" remains on appeal before the Courts; and WHEREAS, Atmos notes that its proposed rates would increase its annual revenue in the Lubbock Rate Jurisdiction, Amarillo Rate Jurisdiction, and in the West Texas Rate Jurisdiction, on a combined basis by approximately $12.4 million, which PAGE 1 of 5 represents a base -rate increase exclusive of the cost of gas and related tax revenue of approximately 14.64%; and WHEREAS, Atmos' proposed rate increase would increase the average monthly bill as follows: Customer Class Percent Increase EXCLUDING Cost of Gas Percent Increase INCLUDING Cost of Gas Residential 22.80% 11.26% Commercial 6.40% 2.35% Industrial & Transportation 3.79% 0.92% Public Authority 88.13% -1.11% and WHEREAS, the City continues to have concerns with and disputes Atmos' decision to depart from its historical practice of determining rates for the City based on Atmos' specific costs to provide service in the Lubbock Rate Jurisdiction; and WHEREAS, Atmos' proposal to set rates based on its cost of service for the entire West Texas Division would increase Atmos' in -city revenues as follows: Rate Jurisdiction Base Revenue Percentage Increase Lubbock Rate Jurisdiction 18.91% Amarillo Rate Jurisdiction 19.75% West Texas Cities Rate Jurisdiction 11.94% and WHEREAS, Atmos' proposed public notice reflects a base -revenue increase on a combined basis of 14.64% (that is, for the Lubbock Rate Jurisdiction, the Amarillo Rate Jurisdiction, and the West Texas Cities Rate Jurisdiction combined); and PAGE 2 of 5 WHEREAS, under the Gas Utility Regulatory Act ("GURA") § 103.021 the City shall require the utility to submit information to the City as necessary to make a reasonable determination of Atmos' rate base, expenses, investment, and rate of return in the City; and WHEREAS, the City is a regulatory authority under the Gas Utility Regulatory Act ("GURA") and under Chapter 104, § 103.001 et seq. of GURA has exclusive original jurisdiction over Atmos' rates, operations, and services within the municipality; and WHEREAS, Atmos' rate request consists of a voluminous amount of information including Atmos' rate -filing package, exhibits, schedules, and workpapers; and WHEREAS, Atmos proposed November 22, 2013 as the effective date for its requested increase in rates; and WHEREAS, it is not possible for the City to complete its review of Atmos' filing by November 22, 2013; and WHEREAS, the City will need an adequate amount of time to review and evaluate Atmos' rate application to enable the City to investigate and determine whether Atmos has properly invoked the City's rate -setting jurisdiction, including conformance with any and all ordinances relating to a utility's request to increase rates, and if so, ultimately to adopt a final decision as a local regulatory authority with regard to Atmos' requested rate increase; and WHEREAS, the City will require the assistance of specialized legal counsel and rate experts to review the merits of Atmos' application to increase rates; and WHEREAS, to the extent Atmos seeks review at the Railroad Commission of Texas of the City's final decision regarding Atmos' statement of intent to change rates, or should Atmos submit a statement of intent to the Railroad Commission to increase rates in the environs of the City, the decision of the Railroad Commission of Texas could have an impact on the rates paid by the City and its citizens who are customers of Atmos and PAGE 3 of 5 in order for the City's participation to be meaningful it is important that the City promptly intervene in any such proceeding at the Railroad Commission of Texas. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS THAT: Section 1. The findings set out in the preamble are in all things approved and incorporated herein as if fully set forth. Section 2. Atmos' proposed effective date for its proposed increase in rates is hereby SUSPENDED for ninety days beyond November 22, 2013. Section 3. The statutory suspension period may be further extended or its Statement of Intent dismissed if Atmos does not provide adequate data from which the City may make a reasonable determination of Atmos' rate base, expenses, investment, and rate of return in the City, or if Atmos does not provide timely, meaningful, and proper public notice of its request to increase rates and revenue, or if its rate -filing package is otherwise materially deficient. Section 4. The City authorizes the Special Counsel to intervene on its behalf in proceedings related to Atmos' Statement of Intent before the Railroad Commission of Texas, if any, and related proceedings in courts of law. Section 5. The City hereby orders Atmos to reimburse the City's rate case expenses as provided in the Gas Utility Regulatory Act and that Atmos shall do so on a monthly basis and within 30 days after submission of the City's invoices for the City's reasonable costs associated with the City's activities related to this rate review or to related proceedings involving Atmos before the City, the Railroad Commission of Texas, or any court of law. Section 6. Subject to the right to terminate employment at any time, the City retains and authorizes the law firm of Herrera & Boyle, PLLC to act as Special Counsel with PAGE 4 of 5 regard to rate proceedings involving Atmos before the City, the Railroad Commission of Texas, or any court of law and to retain such experts as may be reasonably necessary for review of Atmos' rate application subject to approval by the City. Section 7. The City shall review the invoices of the lawyers and rate experts for reasonableness before submitting the invoices to Atmos for reimbursement. Section 8. A copy of this resolution shall be sent to Atmos Energy, care of Mr. Jeffrey Foley, Vice President Rates and Regulatory Affairs, Atmos Energy Corporation, 5110 801h Street, Lubbock, Texas 79424; and to Mr. Alfred R. Herrera, Herrera & Boyle, PLLC, 816 Congress Ave., Suite 1250, Austin, Texas 78701. Section 9. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 10. This resolution shall become effective from and after its passage. PASSED AND APPROVED this 7th day of November , 2013. GLEN rROBff. SON, MAYOR ATTEST: a11 - -)X- Re cca Garza, City Sec t APPROVED AS TO CONTENT: i Pamela Moon, Executive Director of Finance AV D O O Al d Herrera, Utility Counsel PAGE 5 of 5