(a)
Effective immediately upon passage of this rate section, the maximum general service rate for sales of natural gas rendered to residential and commercial consumers within the city limits, by TXU Gas Distribution, a division of TXU Gas Company, a state corporation, its successors and assigns, is hereby fixed. In regard to industrial customers in the city, and in accordance with Texas Utilities Code section 104.003(b), contractual industrial gas rates are considered to be just and reasonable.
(b)
The residential and commercial rates set forth in subsection (a) of this section shall be adjusted upward of downward from a base of $2.7535 per Mcf by a gas cost adjustment factor expressed as an amount per 1,000 cubic feet (Mcf) of natural gas for changes in the intercompany city gate rate charge as authorized by the state railroad commission or other regulatory body having jurisdiction for gas delivered to the city’s distribution system. The industrial and transportation rates shall be adjusted in accordance with their contract terms.
(c)
Residential and commercial rates shall also be subject to weather normalization adjustments.
(d)
The residential and commercial rates set forth in subsection (a) of this section shall be adjusted upward or downward for changes in taxes and other governmental impositions, rental fees or changes. Industrial rates shall be adjusted in accordance with their contract.
(e)
In addition to the rates set forth in subsection (a) of this section, the company shall have the right to collect such reasonable charges as are necessary to conduct its business and to carry out its reasonable rules and regulations. Services for which no charge is set out may be performed and charged for by the company at a level established by the normal forces of competition.
(f)
In addition to the rates set forth in subsection (a) of this section, the company is authorized to recover the current 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 the city to account for the collection of rate case expense.
(g)
The rates set forth in this section may be changed and amended by either the city or the 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.
(h)
Unless otherwise noted herein, other than TXU Gas Distribution (a named party), no person or entity has been admitted as a party to the rate proceedings.
(1998 Code, sec. 130-58; Ordinance 200111, secs. 1–8, adopted 1/16/01; 2013 Code, sec. 60-131)