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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested: April 12, 2021 <br />Requested By: Jason Weeks, Asst. City Mgr. <br />Department: Administration/CMO <br />Report t: Resolution Ordinance <br />Exhibits: CenterPoint Rate Case Notice <br />and Resolution <br />Appropriation <br />Source of Funds: N/A <br />Account Number: N/A <br />Amount Budgeted: N/A <br />Amount Requested: N/A <br />Budgeted Item: r•' Yes C. No <br />SUMMARY & RECOMMENDATION <br />On or about March 4, 2021 CenterPoint Energy Resources Corp., Texas Coast Division <br />("CenterPoint") filed for an increase in gas utility rates under the Gas Reliability <br />Infrastructure Program (`GRIP"). CenterPoint's application if approved by the <br />Commission will result in an increase in the monthly customer charges as shown below: <br />Proposed <br />Rate Schedule <br />Current <br />2021 Interim <br />Adjusted <br />Increase Per <br />Charge <br />Rate <br />Charge <br />Bill <br />Adjustment <br />R-2096-1-GRIP 2021; <br />$17.77 <br />$0.88 <br />$18.65 <br />$0.88 <br />R-2096-U-GRIP 2021 <br />per customer <br />per customer <br />per customer <br />per customer <br />Residential <br />per month <br />per month <br />per month <br />per month <br />GSS-2096-1-GRIP 2021; <br />$21.48 <br />$1.36 <br />$22.84 <br />$1.36 <br />GSS-2096-U-GRIP 2021 <br />per customer <br />per customer <br />per customer <br />per customer <br />General Service Small <br />per month <br />per month <br />per month <br />per month <br />GSLV-627-1-GRIP 2021; <br />$262.84 <br />$33.15 <br />$295.99 <br />$33.15 <br />GSLV-627-U-GRIP 2021 <br />General Service Large <br />per customer <br />per customer <br />per customer <br />per customer <br />Volume <br />per month <br />per month <br />per month <br />per month <br />CenterPoint presents that its proposed increases in its customer charges produce an <br />increase in annual revenue of about $3.8 million, system wide, in its Texas Coast <br />Division. Also, CenterPoint's proposed increase in revenue results in the following <br />