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HomeMy WebLinkAboutResolution - 2020-R0384 - 90 day Suspension of Atmos Energy Rate IncreaseResolution No. 2020-RO384 Item No. 7.15 October 27, 2020 RESOLUTION NO. 2020-RO384 RESOLUTION BY THE CITY OF LUBBOCK, TEXAS ("CITY") SUSPENDING THE EFFECTIVE DATE FOR NINETY DAYS IN CONNECTION WITH ATMOS ENERGY'S STATEMENT OF INTENT FILED WITH THE CITIES OF AMARILLO, CHANNING, DALHART, AND LUBBOCK; 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 ("Atmos" or "Company") filed a Statement of Intent with the City on or about September 30, 2020, to change its rate schedules within the corporate limits of this municipality, specifically to increase its annual revenue requirement by approximately $8.3 million, which equates to an increase in annual revenue of approximately 10.8% excluding the cost of gas; 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's rates, operations, and services within the municipality; and WHEREAS, in order to maximize the efficient use of resources and expertise in reviewing, analyzing and investigating Atmos's rate request and its changes in tariffs it is prudent to coordinate the City's efforts with a coalition of similarly situated municipalities; and WHEREAS, in matters regarding applications by Atmos to change rates, the cities of Amarillo, Channing, Dalhart, and Lubbock have in the past coordinated their review of Atmos's rates and join to form an alliance of cities collectively known as Atmos Texas Municipalities ("ATM"); and WHEREAS, Atmos's rate request consists of a voluminous amount of information including Atmos's rate -filing package, exhibits, schedules, and workpapers; and 1 o f' 4 Atmos West Texas 2020 Statement of Intent WHEREAS, Atmos's rate application is the Company's first general rate case since about 2012, and follows annual increases approved under the Gas Reliability Improvement Program ("GRIP"); and WHEREAS, Atmos proposed November 4, 2020, as the effective date for its requested increase in rates; and WHEREAS, it is not reasonably possible for the City to complete its review of Atmos's filing by November 4, 2020; and WHEREAS, the City will need time to review and evaluate Atmos's rate application to enable the City to adopt a final decision as a local regulatory authority with regard to Atmos's requested rate increase. WHEREAS, the City will require the assistance of specialized legal counsel and rate experts to review the merits of Atmos's application to increase rates; and WHEREAS, if Atmos submits a corresponding application with the Railroad Commission of Texas or appeals the City's action to the Railroad Commission of Texas, the decision of the Railroad Commission of Texas will have a direct impact on 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 intervene in any such proceedings at the Railroad Commission of Texas related to Atmos's application to increase rates. 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's proposed effective date for its proposed increase in rates is hereby SUSPENDED for ninety days beyond November 4, 2020, to February 2, 2 02 1. 2 of 4 Atmos West Texas 2020 Statement of Intent Section 3. The statutory suspension period may be further extended if Atmos does not provide timely and meaningful, and proper public notice of its request to increase rates, if its rate -filing package is materially deficient, or by agreement. Section 4. The City shall coordinate its review of Atmos Energy's proposed increase with the other cities collectively referred to as the alliance of Atmos Texas Municipalities ("ATM"), and authorizes intervention in proceedings related to Atmos's Statement of Intent before the Railroad Commission of Texas and related proceedings in courts of law; and Section 5. The City hereby orders Atmos to reimburse the City's rate case expenses consistent with 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 related to 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 Law & Associates, 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 reasonably may be necessary to review Atmos's 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 Mr. Alfred R. Herrera, Herrera Law & Associates, PLLC, 4400 Medical Parkway, Austin, Texas 78756, and a courtesy copy to Atmos's local representative. 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. 3 of 4 Atmas West Texas 2020 Statement of Intent Section 10. This resolution shall become effective from and after its passage. PASSED AND APPROVED this 27th day of October , 2020. FIN 01Cki1P Reb cca Garza, City Sec APPROVED AS TO CONTENT: W. Jarr Atkinson, City Manager APPROVED AS TO FORM: s, eputy City Attorney 4 of 4 DANIEL M. POPE, MAYOR Rtmos West Texas 2020 Statement of Intent AGENDA INFORMATION SHEET ITEM NO. SUSPENSION OF ATMOS ENERGY'S PROPOSED EFFECTIVE DATE RELATED TO ITS REQUEST TO INCREASE RATES SUBMITTED TO THE CITY ON SEPTEMBER 30, 2020 BACKGROUND On about September 30, 2020 Atmos Energy Corporation ("Atmos" or "Company") filed a Statement of Intent to increase rates within the incorporated areas of the cities of Amarillo, Lubbock, Dalhart and Channing (collectively the "Atmos Texas Municipalities ("ATM") or "ALDC") in its West Texas Division. Atmos seeks an increase of approximately $8.3 million in revenues; this equates to an increase in annual revenue of about 7.7% including the cost of gas and approximately 10.8% excluding the cost of gas. Atmos proposes an effective date of November 4, 2020, for its increased rates. As is explained below, the proposed resolution related to Atmos's application to increase rates, if adopted, suspends Atmos's proposed effective date for the statutory time period of 90 days, to February 2, 2021. Atmos's application represents its first general rate case since 2012 (GUD No. 10174). Prior to this filing, Atmos sought annual increases in rates pursuant to the Gas Reliability Infrastructure Program ("GRIP"). However, Atmos has filed the maximum number of GRIP filings it is authorized to make pursuant to state law, and thus, to the extent Atmos seeks to increase it rates, it must do so in a general rate case. BILL IMPACT: The effect on a customer's bill under Atmos's proposed rates within the cities, including the cost of gas, is as follows: Class of Customer Amarillo, Dalhart and Channing Lubbock Residential 7.88% increase 8.27% increase Commercial 7.49% increase 6.19% increase Industrial 3.7% decrease 4.31 % increase Transportation 5.09% increase 40.96% increase Public Authority 5.04% increase 7.86% increase Note that these figures are inclusive of the cost of gas except for the Transportation class of customers, for which Atmos does not assess a separate gas -cost charge. 1 of 4 Atmos West Texas Division - 2020 Statement oflntent Under Atmos's proposed base rates, the effect on a customer's bill from the increase in base rates, excluding the cost ofgas, is as follows: Class of Customer Amarillo, Dalhart and Channing Lubbock Residential 10.76% increase 10.76% increase Commercial 11.98% increase 9.57% increase Industrial 7.35% decrease 8.89% increase Transportation 5.09% increase 40.96% increase Public Authority 8.46% increase 13.67% increase Note that Atmos recovers costs directly within Atmos's control, through its base rates. The price of natural gas is a product of the market and not a cost Atmos can directly control. Natural gas is a commodity that Atmos purchases in the energy markets and is a cost passed on to ratepayers through Atmos's purchased -gas adjustment factor, which Atmos calls its "Rider GCA." Because Atmos recovers those costs it directly controls through its base rates, the effect on customer's bill from the change in Atmos's base rates is the better barometer of the impact of Atmos's proposed increase in rates. REVENUE IMPACT: Assuming Atmos's proposed increase is approved, the percentage change in revenue for each of its customer classes within the cities of Amarillo, Dalhart, Channing, and Lubbock is as shown below: Amarillo, Amarillo, Dalhart and Dalhart and Channing Channing Lubbock Lubbock Revue Revue Revenue Revenue Customer Increase Increase Increase Increase Class(excluding as(including as(excluding as(including as Residential 10.8% 7.9% 10.8% 8.3% Commercial 12.0% 7.5% 9.6% 6.2% Industrial & Transportation 0.1 % 0.1 % 22.6% 14.1 % Public Authority 8.5% 5.0% 13.7% 7.9% CURRENT BASE RATES VERSUS PROPOSED BASE RATES: Atmos proposes to reduce the monthly customer charge for all customer classes while increasing the consumption charge for all customer classes. The table below shows the design of Atmos's current base rates and its proposed base rates: 2 of 4 Atmos West Texas Division - 2020 Statement of Intent Cust. Class Amarillo Dalhart and Chan nin Lubbock Current Proposed $ Change Chan a Current Proposed Change Change Resid. Customer Charge $27.67 $18.00 -$9.67 -34.95% $27.67 $18.00 -$9.67 -34.95% Charge per CCF $0.09205 $0.30556 0.21351% 231,95% $0.11738 $0.37265 $0.25527 217.47% 2 Comm. Customer Charge $69.02 $52.00 -$17.02 -24.66% $69.02 $52.00 -$17.02 -24.66% Charge per CCF $0.11056 $0,20310 $0.8804 76.52% $0.10640 $20310 $0.8804 76.52% Indust. Customer Charge $808,18 $535.00 -$237.18 -33.8% $808.18 $535.00 -$237.18 -3.8% Charge per MMBTU $0.12386 $0.13435 $0,01049 8.47% $0.08426 $0.13435 $0.05009 59.45% Trans. Customer Charge $808.18 $535.00 -$237.18 -33.8% $808,18 $535,00 -$237.18 -33.8% Charge per MMBTU $0.12386 $0.13435 $0.01049 8.47% $0.08426 $0.13435 $0,05009 59.45% Pub. Auth. Customer Charge $200.59 $52.00 -$148.49 -74.06% $200.59 $52.00 -$148.49 -74.06% Charge per MMBTU $0.11796 $0.26807 $0.15011 127.26% $0.13740 $0.26807 $0.13067 95.1% ACTION REQUIRED BY November 4, 2020 The City must take action on Atmos's Statement of Intent by November 4, 2020. Absent such action, Atmos's rates are deemed approved by operation of law. The City may deny Atmos's proposed increase, in which case Atmos will file an appeal to the Railroad Commission of Texas, or the City may suspend Atmos's proposed effective date for the statutorily allowed time of 90 days to allow the City's representatives to attempt to reach an agreed -to outcome of Atmos's application to increase rates and avoid, if possible, litigation at the Railroad Commission. As is noted below, the City's Special Counsel recommends that the City suspend Atmos's proposed effective date to provide the City's Special Counsel an opportunity to evaluate Atmos's request and to explore opportunities for a resolution that avoids a contested proceeding at the Railroad Commission of Texas. ATMOS TEXAS MUNICIPALITIES In the Atmos Energy -West Texas Division, the Atmos Texas Municipalities ("ATM") is comprised of the municipalities of Amarillo, Channing, Dalhart, and Lubbock. Alfred R. Herrera with the law firm of Herrera Law & Associates, PLLC, has previously represented the City as part of this group of cities in rate cases involving Atmos. 3 of 4 limos West Texas Division 2020 Statement of Intent CITY JURISDICTION TO SET ATMOS'S RATES Unless a city cedes its original jurisdiction to the Railroad Commission of Texas, the Gas Utility Regulatory Act § 103.001 grants a city exclusive original jurisdiction over a gas utility's rates, services, and operations within the city limits. RATE CASE EXPENSES Cities by statute are entitled to recover their reasonable rate case expenses from the utility. ATM's Special Counsel will submit monthly invoices to the coalition -designated city that will be forwarded to Atmos for reimbursement. No individual city's budget is negatively affected. SUSPENSION Atmos's rate -filing package is voluminous. In order to have time to review Atmos's application to increase rates, the Council is requested to suspend Atmos's proposed effective date for ninety (90) days as provided by GURA. It is a virtual impossibility for the City to set just and reasonable rates without suspending the rate request for ninety days. Suspension of Atmos's proposed effective date will permit its special regulatory counsel and experts an opportunity to perform a better review of Atmos's application. Further, should Atmos's notice prove to be deficient, then the statutory period would be extended. Lastly, by agreement between the City and Atmos, the statutory suspension period may be extended. RECOMMENDATION It is recommended that the City continue its participation in the Atmos Texas Municipalities and retain the law firm of Herrera Law & Associates, PLLC to represent the City's interest in matters related to Atmos's rate case and to advise the City with regard to Atmos's application, and that, if Atmos either submits its application to the Railroad Commission of Texas, or appeals the City's final decision to the Railroad Commission, the City intervene in the proceeding before the Railroad Commission of Texas, should such proceedings develop, and court appeals, if any. The recommendation is also to suspend Atmos's proposed effective date of November 4, 2020, for the statutorily allowed period. Assuming Atmos's notice meets the statutory criteria for sound notice, the suspension period runs until February 2, 2020. The City must take action no later than November 4, 2020. If the City does not take action by November 4, 2020, Atmos's proposed rates will be deemed approved by operation of law, subject to the City's right to hold a hearing to address Atmos's rate application. 4 of 4 Atmos West Texas Division - 2020 Statement of Intent