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04-12-21 McLarrin sworn
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04-12-21 McLarrin sworn
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City Meetings
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City Council
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Agenda Packet
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4/12/2021
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tipoint. <br />�9Y <br />Mayor and City Council <br />City of La Porte <br />La Porte, Texas <br />Delivered by Certified Mail <br />March 4, 2021 <br />CenterPoint Energy <br />1111 Louisiana .Street <br />Houston, TX 71002-5231 <br />P.D. Box 2628 <br />Houston, TX 77252-2628 <br />Re: CenterPoint Energy 2021 Annual GRIP Adjustment for the Texas Coast Division <br />Dear Madam or Sir: <br />CenterPoint Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint <br />Energy Texas Gas ("CenterPoint" or the "Company"), files the tariffs and supporting documents, <br />in electronic form, with the City ofLaPorte ("City") consistent with Section 7.7101 of the Railroad <br />Commission of Texas ("Commission") Gas Services Division Rules and Section 104.301 of the <br />Texas Utilities Code to establish the annual gas reliability infrastructure program ("GRIP") interim <br />rate adjustment ("IRA") for the Company's Texas Coast Division, which includes the City. The <br />proposed IRA will affect rates for natural gas service customers located in the City. Simultaneously <br />with this filing, CenterPoint makes the same GRIP filing with the Commission for customers <br />located in the City's environs and cities of the Texas Coast Division that have ceded original <br />jurisdiction to the Commission. <br />CenterPoint consistently supplies its customers in the Texas Coast Division with safe and <br />dependable natural gas service by prudently investing in additions and upgrades to its delivery <br />system. The Company will continue to prudently invest in its infrastructure in order to improve <br />its natural gas service to its customers and to anticipate and meet their needs under all operating <br />conditions. The GRIP program enables a gas utility such as CenterPoint to begin recovery of its <br />incremental capital investment in the system, subject to a prudence review in its next rate case. <br />This reduces regulatory lag and incentivized needed investment. Consistent with Section 104.301 <br />of the Texas Utilities Code and Commission precedent, the City's review of this GRIP filing is <br />limited to a ministerial review to ensure compliance with the GRIP statute. <br />Pursuant to applicable law, the proposed IRA will become effective on May 3, 2021, unless <br />the City suspends that date for a period of no longer than forty-five (45) days. The approved IRA <br />will be applied to the monthly customer charge and will remain in effect until superseded by the <br />earlier of (1) the effective date of the Company's next annual GRIP adjustment for the Texas Coast <br />Division; or (2) the issuance of a final order in a rate setting proceeding for the Texas Coast <br />Division. <br />
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