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HomeMy WebLinkAboutResolution No. R2024-09 RESOLUTION NO. R2024-09 A RESOLUTION OF THE CITY OF COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, DENYING THE PROPOSED RATES AND CONSOLIDATION CONTAINED IN THE STATEMENT OF INTENT FILED BY CENTERPOINT ENERGY RESOURCES CORP., D/B/A CENTERPOINT ENERGY ENTEX AND CENTERPOINT ENERGY; MAKING OTHER FINDINGS RELATED THERETO; DIRECTING THE CITY SECRETARY TO SEND NOTICE OF THIS RESOLUTION TO THE COMPANY AND LEGAL COUNSEL; AND PROVIDING FOR THE EFFECTIVE DATE. ****************************************************************************** WHEREAS, the City of Friendswood, Texas (the "City") is a gas utility customer of CenterPoint Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint Energy Texas Gas ("CenterPoint" or"Company") within the unincorporated areas of the Houston, Texas Coast, Beaumont/East Texas, and South Texas Divisions, and a regulatory authority with an interest in the rates and charges of CenterPoint; and WHEREAS, the City is a member of Cities Served by CenterPoint Gas (the "Coalition"), a coalition of similarly situated cities served by CenterPoint(such participating cities are referred to herein as "Cities") that have joined together to efficiently and cost effectively review and respond to natural gas issues affecting rates charged in the Houston, Texas Coast, Beaumont/East Texas, and South Texas Divisions; and WHEREAS, on or about October 30, 2023, CenterPoint filed with the City a Statement of Intent to Increase Rates seeking to increase natural gas rates by $37.4 million annually and to all customers residing in the City; and WHEREAS, the Coalition is coordinating its review of CenterPoint's Statement of Intent filing with designated attorneys and consultants to resolve issues in the Company's filing; and WHEREAS, through review of the application, the Coalition's consultants determined that CenterPoint's proposed rates are excessive; and WHEREAS, the Coalition's members and attorneys recommend that members of the Coalition members deny the Statement of Intent;NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. The facts and matters set forth in the preamble of this resolution are hereby found to be true and correct. Section 2. That the rates proposed by CenterPoint to be recovered through its gas rates charged to customers located within the City limits are hereby found to be unreasonable and are hereby denied. Section 3. That the Company shall continue to charge its existing rates to customers within the City. Section 4. That the City's reasonable rate case expenses shall be reimbursed in full by CenterPoint within thirty(30)days of the adoption of this Resolution. Section 5. That the City Secretary is hereby directed to send a copy of this resolution to Keith L. Wall, CenterPoint Energy, at P.O. Box 2628, Houston, Texas 77252-2628, and to Jamie Mauldin, General Counsel to the Cities Served by CenterPoint Gas at Lloyd Gosselink Rochelle&Townsend, P.C., 816 Congress Avenue, Suite 1900, Austin, Texas 78701. Section 6. This resolution shall be effective immediately upon its passage and approval. INTRODUCED, READ, AND PASSED by the affirmative vote of the City Council of the City of Friendswood on this the 5th day of February, 2024. i / /1: / • IKE RE 4. N, Mayor ATT I - . ,, L TICIA BRYSCH, City Sec,• . i �F RIEN� U APPROVED AS TO FORM: * -7TOF TC"-1 KAREN L. HORNER, City Attorney H:\City Council\Resolutions\2024\02-05-2024\Resolution-Denial CNP Rate Case 2024.doc 2