Securitization is a low-cost financing method whereby utilities receive immediate payments for incurred expenses, while customers pay back the securitized amounts over an extended period through a surcharge on bills. ________________________________________________ On...
Due to the extraordinary gas costs related to Winter Storm Uri, Atmos reported “negative operating cash flow” for the six months ending March 31. ________________________________________________ Atmos Energy has reported consolidated net income of $514.4 million for...
Three of the state’s major gas utilities have announced assistance programs. ________________________________________________ A recent decision by the Texas Public Utility Commission to suspend electric service disconnections during the COVID-19 crisis made statewide...
The ACSC reviewed a series of GRIP rate increases in a portion of the Atmos service area. By R.A. Dyer The Gas Reliability Infrastructure Program, or GRIP, allows monopoly gas utilities to increase rates even if the company’s overall expenditures are declining, even...
The Dallas Morning News on September 23 published “Time Bomb,” an ambitious two-part investigation into the safety record of Atmos Energy. The report was authored by journalists Cary Aspinwall and Holly K. Hacker. The first part, entitled “How...
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