HomeMy WebLinkAboutORD 16-032101VQ101F_101[ya► to] E1911*%
ORDINANCE OF THE CITY OF BEAUMONT, TEXAS,
APPROVING THE RATES PROPOSED BY CENTERPOINT
ENERGY RESOURCES CORP., d/b/a CENTERPOINT
ENERGY ENTEX AND CENTERPOINT ENERGY TEXAS
GAS ("CENTERPOINT" OR "COMPANY") COMPANY'S
GAS RELIABILITY INFRASTRUCTURE PROGRAM
("GRIP") FILING MADE WITH THE CITY ON MARCH 31,
2016; 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, on or about March 31, 2016, CenterPoint Energy Resources Corp.,
d/b/a CenterPoint Energy Entex and CenterPoint Energy Texas Gas ("CenterPoint" or
"Company") filed an Annual GRIP adjustment for the Beaumont/East Texas Service
Area with the City of Beaumont ("City") to increase gas rates in the Beaumont/East
Texas Service Area pursuant to Gas Utility Regulatory Act, TEX. UTIL. CODE ("Gas
Utility Regulatory Act") § 104.301, and,
WHEREAS, the City has exclusive original jurisdiction over the rates, operations
and services of a gas utility in areas in the municipality pursuant to Gas Utility
Regulatory Act § 103.001; and,
WHEREAS, the Gas Utility Regulatory Act § 104.301 requires a streamlined
process for the recovery of the costs of incremental investment by a gas utility; and,
WHEREAS, the Company proposed an effective date of May 30, 2016, for the
rate increase; and,
WHEREAS, the City suspended the proposed May 30, 2016, effective date until
July 14, 2016; and,
WHEREAS, the City's consultant has reviewed the GRIP filing and has
concluded that the proposed GRIP rates are correctly calculated; and,
WHEREAS, the reasonableness of the Company's investment will be reviewed in
CenterPoint's subsequent base rate case where all costs included in CenterPoint's
GRIP filing will be subject to refund;
NOW THEREFORE, BE IT ORDAINED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS, THAT:
Section 1.
The statement and findings set out in the preamble to this ordinance are hereby
in all things approved and adopted.
Con+;„n 7
The Company's proposed GRIP rate increase is approved effective July 14,
Section 3.
The meeting at which the ordinance was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
Section 4.
This Ordinance shall become effective from and after its passage.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 14th day of
June, 2016.
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Tina Broussard
City Clerk
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