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HomeMy WebLinkAboutResolution - 2012-R0089 - Suspend Atmos Effective Date For Rate Increase - 03/06/2012Resolution No. 2012-R0089 March 5, 2012 Item No. 5.5 RESOLUTION RESOLUTION BY THE CITY OF LUBBOCK, TEXAS ("CITY") SUSPENDING THE EFFECTIVE DATE FOR NINETY DAYS IN CONNECTION WITH THE RATE INCREASE FILING OF ATMOS ENERGY CORPORATION ON OR ABOUT FEBRUARY 7, 2012; 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 February 7, 2012 to change its rate schedules within the corporate limits of the City; and WHEREAS, Atmos' proposed increase on revenue would establish a uniform rate among all cities within its newly proposed rate division that Atmos refers to as the "West Texas Division;" and WHEREAS, previously Atmos regarded the City of Lubbock as a separate Division (the "Lubbock Rate Division") and calculated rates based on such basis; and WHEREAS, Atmos notes that its proposed rates would increase its annual revenue in the Amarillo Rate Division, the Lubbock Rate Division, and in the West Texas Cities Rate Division on a combined basis, by approximately $11.6 million, which represents a base -rate increase exclusive of the cost of gas of approximately 14.8%n; and WHEREAS, for ratepayers in the City of Lubbock, Atmos' proposed rate increase would increase the average monthly bill for Residential customers by 12.35% including the cost of gas, or 30.79% excluding the cost of gas; and Commercial customers by 4.79% including the cost of gas, or 16.62% excluding the cost of gas, while providing a decrease in average monthly bills for Industrial, Public Authority, and State Institution customers; and WHEREAS, the City has grave concerns with Atmos' proposal to depart from the determination of rates on the basis of the costs to provide service in the Lubbock Rate Division; and WHEREAS, under Atmos' proposal to consolidate the Lubbock Rate Division with the West Texas Cities Rate Division and the Amarillo Rate Division, the base -rate revenue increase in the Lubbock Rate Division would be an increase of 20.34%, while PAGE 1 of 4 the increase in base -rate revenue for customers in the West Texas Cities Rate Division would be only about 2.05%; and WHEREAS, Atmos' proposed public notice reflects an increase on a combined basis, that is, for the Lubbock Rate Division, the Amarillo Rate Division, and the West Texas Cities Rate Division, showing an increase of 14.8%, the City has serious concerns with the sufficiency of Atmos' proposed public notice; and WHEREAS, neither Atmos' Statement of Intent nor its Public Notice state what its proposed increase would be under Atmos' prior practice of developing rates based on the costs of service for each of the three distinct rate divisions, that is, the Amarillo Rate Division, the Lubbock Rate Division, and the West Texas Cities Rate Division, thereby bringing into question the City's ability to exercise its duty as a regulatory authority 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 March 13, 2012 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 March 13, 2012; and WHEREAS, the City will need an adequate amount of time to investigate and determine whether Atmos has properly invoked the City's rate -setting jurisdiction, and if so, ultimately to review and evaluate Atmos' rate application to enable the City 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 in order for the City's participation to be meaningful it is important that the City promptly intervene in such proceeding at the Railroad Commission of Texas. PAGE 2 of 4 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 March 13, 2012. 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 intervention in proceedings related to Atmos' Statement of Intent before the Railroad Commission of Texas 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 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 either city in the joint representation. 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 8& 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. PAGE 3 of 4 PASSED AND APPROVED this 6th ATTEST: Reber Garza, City Secretary APPROVE AS TO CONTENT: An tL bYLQ�� Andy Burcham, Chief Financial Officer APPROVE AS TO FORM: Cvk"'—� — Alfred R. Herrera, Counsel day of March , 2012. PAGE 4 of 4 Torn Martin, Mayor