Subject to the following provisos, effective with gas bills
rendered on and after thirty (30) days from final date of passage
of this article (June 6, 1988), the maximum general service rate for
sales of natural gas rendered to residential and commercial consumers
within the city limits by Lone Star Gas Company, a division of ENSERCH
Corporation, a Texas corporation, its successors and assigns, is hereby
fixed and determined as set forth in item A, in the attachment maintained
on file in the office of the city secretary, which is incorporated
herein. This section approves the elimination of the Rate Schedule
for Public Free Schools-N and placement of those customers receiving
said rate on the commercial rate set forth in item A in the attachment
maintained on file in the office of the city secretary.
(1)
Proviso No. 1: If this article is finally passed and approved before
the effective date stated in the statement of intent the new rates
shall be effective with gas bills rendered on and after thirty (30)
days from the final date of passage of this article for the good cause
of reducing regulatory lag.
(2)
Proviso No. 2: If this article is finally passed and approved after
a period of suspension, the new rates shall be billable immediately
in order to reduce regulatory lag. This provision is an exercise of
the regulatory authority’s discretion to establish the effective
date of rates at any time after jurisdiction attached, and its authority
pursuant to state law to establish rates for any period of suspension.
(1996 Code, sec. 11.601)
The residential and commercial rates set forth above shall be
adjusted upward or downward from base of $3.5847 per Mcf by a gas
cost adjustment factor expressed as an amount per thousand (1,000)
feet (Mcf) of natural gas for changes in the intercompany city gate
rate charged as authorized by the state railroad commission or other
regulatory body having jurisdiction for gas delivered to the DeSoto
distribution system, according to item B, in the attachment maintained
on file in the office of the city secretary, which is incorporated
herein.
(1996 Code, sec. 11.602)
Company shall also receive tax adjustments according to item
C, in the attachment maintained on file in the office of the city
secretary, which is incorporated herein.
(1996 Code, sec. 11.603)
In addition to the aforesaid rates, company shall have the right
to collect such reasonable charges as are necessary to conduct its
business and to carry out is reasonable rules and regulations in effect.
The charges set forth in items D and E, in the attachment maintained
on file in the office of the city secretary, which is incorporated
herein, are approved. Services for which no charge is set out may
be performed and charged for by company at a level established by
the normal forces of competition.
(1996 Code, sec. 11.604)
In addition to the aforesaid rates, company is authorized to
recover the current and any unrecovered prior rate case expense through
a surcharge designed for a six-month nominal recovery period. The
surcharge per Mcf will be calculated by dividing the rate case expense
to be recovered by one-half of the adjusted annual sales volume to
residential and commercial customers. The company will provide monthly
status reports to account for the collections.
(1996 Code, sec. 11.605)
The rates set forth in this article may be changed and amended
by either the city or company in the manner provided by law. Service
hereunder is subject to the orders of regulatory bodies having jurisdiction,
and to the company’s rules and regulations currently on file
in the company’s office.
(1996 Code, sec. 11.606)
