HomeMy WebLinkAboutORD 21-035ORDINANCE NO. 21-035
AN 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 4, 2021; 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 4, 2021, 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 Division Service Area with the City of Beaumont ("City") to
increase gas rates in the Beaumont/East Texas Division Service Area pursuant
to Gas Utility Regulatory Act ("GURA"), Tex. Util. Code § 104.301, and,
WHEREAS, City has exclusive original jurisdiction over the rates,
operations and services of a gas utility in areas in the municipality pursuant to
GURA § 103.001; and,
WHEREAS, GURA § 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 3, 2021, for
the rate increase; and,
WHEREAS, the City suspended the proposed May 3, 2021 effective date
until June 17, 2021;
WHEREAS, the proposed interim rate adjustment would increase average
residential rates by $2.39 per customer per month, 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:
Section 1. The statement and findings set out in the preamble to this
ordinance are hereby in all things approved and adopted.
Section 2. The Company's proposed GRIP rate increase is approved
effective June 17, 2021.
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 15th
day of June, 2021,
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