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File #: 17-787    Name:
Type: Resolution Status: Individual Item Ready
File created: 11/21/2017 In control: City Council
On agenda: 12/11/2017 Final action:
Title: Discuss and consider approval of a resolution authorizing the City's intervention in proceedings at the Railroad Commission of Texas regarding CenterPoint Energy's proposed increase in rates filed on November 16, 2017; authorizing the City Manager to execute an agreement with Herrera Law & Associates, PLLC for representation in this rate increase application and intervention; and supporting the City's continued participation in the Alliance of CenterPoint Municipalities.
Attachments: 1. resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Presenter/Contact
Presenter
Valeria Acevedo, City Attorney
Contact Info
(830) 221-4281 - vacevedo@nbtexas.org

Subject Header
SUBJECT:
Title
Discuss and consider approval of a resolution authorizing the City's intervention in proceedings at the Railroad Commission of Texas regarding CenterPoint Energy's proposed increase in rates filed on November 16, 2017; authorizing the City Manager to execute an agreement with Herrera Law & Associates, PLLC for representation in this rate increase application and intervention; and supporting the City's continued participation in the Alliance of CenterPoint Municipalities.

Body
BACKGROUND / RATIONALE:
On or about November 16, 2017, CenterPoint Energy Resources Corporation, D/B/A, CenterPoint Energy Entex and CenterPoint Energy Texas Gas ("CenterPoint" or "Company") filed a Statement of Intent to increase rates by a total of approximately $1.2 million. CenterPoint's proposed increase in revenue of about $1.2 million is comprised of an increase in base rates of about $540,000 and a "Hurricane-Harvey" surcharge of about $665,000. CenterPoint proposes an effective date of December 21, 2017 for its change in rates.

CenterPoint proposes to increase base rates for residential customers and to decrease base rates for commercial customers as follows:

Residential: $1.8 million

General Service - Small Commercial: -$1.2 million

General Service - Large Volume: - $42,000

This equates to net increase in base-rate revenue of about $540,000.

CenterPoint's is also proposing a 12-month surcharge to recover certain expenses it contends it incurred as a result of Hurricane Harvey. That surcharge would be 39? per month per customer applied equally to residential customers and commercial customers. CenterPoint's proposed surcharge equates to an additional increase in revenue of about $665,000. Combined, CenterPoint's proposed increase in base rates plus its proposed surcharge would produce an...

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