Local Cities Join Statewide Fight Against Atmos Rate Hike - kcentv.com - KCEN HD - Waco, Temple, and Killeen

Local Cities Join Statewide Fight Against Atmos Rate Hike

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(KCEN)—Waco, Temple and Killeen along with more than 100 other Texas cities, are opposing a proposed $45 million rate hike by Atmos Energy Corporation.

The rate increase would be roughly $1.94 a month for the average residential customer, said Chris Felan, Atmos Vice President of Rates and Regulatory Affairs.

Money Atmos says is necessary for the safety and reliability of their systems.

“We’re investing in the infrastructure annually in the neighborhood of $250-260 million,” said Felan. “We seek recovery and that requires a rate adjustment.”

But the 100 plus Texas cities say the rates have been rising too much over the last couple years. So when Atmos presented their suggested rates in February, the Texas cities rejected the offer.

“We're trying to make sure their rate increases are reasonable we're trying to hold down expenses,” said Jonathan Graham, attorney for the city of Temple.

Atmos is appealing the decision to the Texas Railroad Commission. There will be a formal hearing, and a final decision will be made, likely sometime late summer or early fall.
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