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AGENDA INFORMATION SHEET <br />AGENDA ITEM NO. _____________________ <br /> <br />ACTION TO SUSPEND THE EFFECTIVE DATE PROPOSED BY <br /> <br />CENTERPOINT ENERGY RESOURCES CORP., TEXAS COAST <br />DIVISION, TO INCREASE RATES UNDER THE GAS RELIABILITY <br /> <br />INFRASTRUCTURE PROGRAM, FOR 45 DAYS, AND AUTHORIZE <br />THE CITY CONTINUED PARTICIPATION IN A COALITION OF <br /> <br />CITIES KNOWN AS THE "TEXAS COAST UTILITIES COALITION" <br /> <br /> <br /> <br /> <br />ALLIANCE OF CENTERPOINT MUNICIPALITIES <br /> <br />The City is a member of the . TCUC was <br />organized by a number of municipalities served by CenterPoint Energy Resources Corp., Houston <br />and Texas Coast Divisions and has been represented by the law firm of Herrera <br />Law & Associates, PLLC (through Mr. Alfred R. Herrera) to assist in reviewing applications to <br />change rates submitted by CenterPoint. <br /> <br /> <br /> <br />Under section 104.301 of the Gas Utility Regulatory Act (GURA), a gas utility is allowed to <br />request increases in its rates to recover a return on investments it makes between rate cases. This <br />Infrastructure Program, and is also ref <br /> <br />The Supreme Court of Texas concluded that a filing made under the GRIP statute permitted <br />gas utilities the opportunity to recover return on capital expenditures made during the interim <br />period between rate cases by applying for interim rate adjustment and that proceedings under the <br />GRIP statute did not contemplate either adjudicative hearings or substantive review of utilities' <br />filings for interim rate adjustments. Instead, the Court concluded, the GRIP statute provides for a <br />ministerial review of <br /> Railroad Commission preclude <br />cities from intervening and obtaining a hearing before the Railroad Commission. <br />- <br />filing. <br /> <br /> <br /> <br />On about March 3, 2021 CenterPoint filed for an increase in gas utility rates under the Gas <br />Reliability (Gas Utility Regulatory Act, § 104.301) and proposed <br />an effective date of May 2, 2022, for its increase in ratesf approved <br />by the Commission will result in an increase in the monthly customer charges as shown below: <br />1 of 2 <br /> <br />