BLOG: New Policy Guide Addresses “GRIP” Gas Rate Program

The Gas Reliability Infrastructure Program, or GRIP, allows monopoly gas utilities to increase rates even if the company’s overall expenditures are declining, even if its revenues are increasing or even if the company is earning windfall profits. Under GRIP rules, a...

BLOG: Editorial Blasts Flawed GRIP Program

A parade of under-the-radar rate hikes — that’s been the unfortunate result of a controversial Railroad Commission program that now has captured the attention of The Dallas Morning News. The program, known as the Gas Reliability Infrastructure Program, or GRIP,...

BLOG: CenterPoint Profits, Rates On The Rise

Thanks in large part to its repeated rate increases and customer growth, profits are up for CenterPoint Energy. That’s the word from the Houston Chronicle, which reported this week that its hometown electricity and natural gas distributor made profits of $135 million...