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HomeMy WebLinkAboutItem 12 - Atmos EnergyMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: MAY 17, 2016 SUBJECT: ATMOS ENERGY SETTLEMENT RECOMMENDATION: City Council to consider and ordinance approving a rate settlement with Atmos Energy. Ic3_T41 e7 Q111,1111 The City, along with other similarly situated cities served by Atmos Energy Corp., Mid - Tex Division is a member of the Atmos Cities Steering Committee (ACSC). The Rate Review Mechanism (RRM) tariff was originally adopted by ACSC member cities in 2007 as an alternative to the Gas Reliability Infrastructure Program (GRIP), the statutory provision that allows Atmos to bypass the City's rate regulatory authority to increase its rates annually to recover capital investments. The RRM Tariff has been modified several times, most recently in 2013. The 2016 RRM filing is the fourth RRM filing under the renewed RRM Tariff. On March 1, 2016, Atmos made a filing requesting $35.4 million additional revenues on a system -wide basis. Because the City of Dallas has a separate rate review process, exclusion of Dallas results in the Company requesting $28.6 million from other municipalities. ACSC and the Company have reached an agreement, reflected in the ordinance, to reduce the Company's request by $5.5 million, such that the ordinance approving new rates reflects an increase of $29.9 million on a system -wide basis, or $21.9 million for Mid -Tex Cities, exclusive of the City of Dallas. If the Company had used the GRIP process rather than the RRM process it would have received a $41 million increase, or about $11 million more than will be approved by the ordinance. The tariffs attached to the ordinance approve rates that will increase the Company's revenues by $29.9 million for the Mid -Tex Rate Division, effective for bills rendered on or after June 1, 2016. The monthly residential customer charge will be $19.10. The consumption charge will be $0.11378 per Ccf. The monthly bill impact for the typical residential customer consuming 46.8 Ccf will be an increase of $1.26, or about 2.43%. The typical commercial customer will see an increase of $3.81, or 1.43%. May 11, 2016 (9:59AM) The ACSC Executive Committee and its designated legal counsel recommend that all Cities adopt the ordinance with its attachments approving the negotiated rate settlement resolving the 2016 RRM filing, and implementing the rate change. The alternative to settlement at the Texas Railroad Commission which has been historically less favorable for consumers. Staff and the City Council Utilities Committee recommend approval. JCH May 11, 2016 (9:59AM) i',, �•� i .� .. iilk WHEREAS, the City of Grapevine, Texas ("City") is a gas utility customer of Atmos Energy Corp., Mid -Tex Division ("Atmos Mid -Tex" or "Company"), and a regulatory authority with an interest in the rates and charges of Atmos Mid -Tex; and WHEREAS, the City is a member of the Atmos Cities Steering Committee ("ACSC"), a coalition of similarly -situated cities served by Atmos Mid -Tex ("ACSC Cities") that have joined together to facilitate the review of, and response to, natural gas issues affecting rates charged in the Atmos Mid -Tex service area; and WHEREAS, ACSC and the Company worked collaboratively to develop a new Rate Review Mechanism ("RRM") tariff that allows for an expedited rate review process by ACSC Cities as a substitute to the Gas Reliability Infrastructure Program ("GRIP") process instituted by the Legislature, and that will establish rates for the ACSC Cities based on the system -wide cost of serving the Atmos Mid -Tex Division; and WHEREAS, on March 1, 2016, Atmos Mid -Tex filed its 2016 RRM rate request with ACSC Cities; and WHEREAS, ACSC coordinated its review of the Atmos Mid -Tex 2016 RRM filing through its Executive Committee, assisted by ACSC's attorneys and consultants, to resolve issues identified in the Company's RRM filing; and WHEREAS, the Executive Committee, as well as ACSC's counsel and consultants, recommend that ACSC Cities approve an increase in base rates for Atmos Mid -Tex of $29.9 million on a system -wide basis; and WHEREAS, the attached tariffs implementing new rates are consistent with the recommendation of the ACSC Executive Committee, are agreed to by the Company, and are just, reasonable, and in the public interest; and WHEREAS, the RRM Tariff contemplates reimbursement of ACSC's reasonable expenses associated with RRM applications; WHEREAS, all constitutional and statutory prerequisites for the approval of this Ordinance have been met, including but not limited to the Open Meetings Act; and WHEREAS, the City Council deems the adoption of this Ordinance to be in the best interests of the health, safety, and welfare of the public. NOW, •' BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Section 2. That the findings set forth in this Ordinance are hereby in all things approved. Section 3. That the City Council finds that the settled amount of an increase in revenues of $29.9 million on a system -wide basis represents a comprehensive settlement of gas utility rate issues affecting the rates, operations, and services offered by Atmos Mid -Tex within the municipal limits arising from Atmos Mid-Tex's 2016 RRM filing is in the public interest, and is consistent with the City's authority under Section 103.001 of the Texas Utilities Code. Section 4. That the existing rates for natural gas service provided by Atmos Mid - Tex are unreasonable. The new tariffs attached hereto and incorporated herein as Attachment "A", are just and reasonable, and are designed to allow Atmos Mid -Tex to recover annually an additional $29.9 million in revenue over the amount allowed under currently approved rates, as shown in the Proof of Revenues attached hereto and incorporated herein as Attachment "B"; such tariffs are hereby adopted. Section 5. That the ratemaking treatment for pensions and other post -employment benefits in Atmos Mid-Tex's next RRM filing shall be as set forth on Attachment C, attached hereto and incorporated herein. Section 6. That Atmos Mid -Tex shall reimburse the reasonable ratemaking expenses of the ACSC in processing the Company's 2016 RRM filing. Ordinance No. 2 Section 7. That to the extent any resolution or ordinance previously adopted by the Council is inconsistent with this Ordinance, it is hereby repealed. Section 8. That the meeting at which this Ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 9. That if any one or more sections or clauses of this Ordinance is adjudged to be unconstitutional or invalid, such judgment shall not affect, impair, or invalidate the remaining provisions of this Ordinance, and the remaining provisions of the Ordinance shall be interpreted as if the offending section or clause never existed. Section 10. That consistent with the City Ordinance that established the RRM process, this Ordinance shall become effective from and after its passage with rates authorized by attached tariffs to be effective for bills rendered on or after June 1, 2016. Section 11. That a copy of this Ordinance shall be sent to Atmos Mid -Tex, care of Chris Felan, Vice President of Rates and Regulatory Affairs Mid -Tex Division, Atmos Energy Corporation, 5420 LJB Freeway, Suite 1862, Dallas, Texas 75240, and to Geoffrey Gay, General Counsel to ACSC, at Lloyd Gosselink Rochelle & Townsend, P.C., 816 Congress Avenue, Suite 1900, Austin, Texas 78701. 0:1 0171. William D. Tate Mayor FTAN 0 9 :601 Tara Brooks City Secretary John F. Boyle, Jr. City Attorney Ordinance No. 3 2557/26/7087606 Ordinance No. Attachment A MID-TEX DIVISION RRC Tariff No: ATMOS ENERGY CORPORATION II III ..TE SCHEDULE: R — RESIDENTIAL SALES APPLICABLE TO: I ALL CUSTOMERS IN THE MID-TEk DIVISION EXCEPT THE CITY OF DALLAS AND UNINCORPORATED AREAS III III EFFECTIVE DATE: Bills d on or after 06/01/2016 Total Customer Charge Application Applicable to Residential Customers for all natural gas provided at one Point of Delivery and measured through one meter. Type of Service Where service of the type desired by Customer is not already available at the Point of Delivery, additional charges and special contract arrangements between Company and Customer may be required prior to service being furnished. Monthly Rate Customer's monthly bill will be calculated by adding the following Customer and Ccf charges to the amounts due under the riders listed below: Charge Amount Customer Charge per Bill $ 19.10 per month Rider CEE Surcharge $ 0.02 per month' Total Customer Charge $ 19.12 per month Commodity Charge — All Ccf $0.11378 per Ccf Gas Cost Recovery: Plus an amount for gas costs and upstream transportation costs calculated in accordance with Part (a) and Part (b), respectively, of Rider GCR. Weather Normalization Adjustment: Plus or Minus an amount for weather normalization calculated in accordance with Rider WNA. Franchise Fee Adjustment: Plus an amount for franchise fees calculated in accordance with Rider FF. Rider FF is only applicable to customers inside the corporate limits of any incorporated municipality. Tax Adjustment: Plus an amount for tax calculated in accordance with Rider TAX. Surcharges: Plus an amount for surcharges calculated in accordance with the applicable rider(s). Agreement An Agreement for Gas Service may be required. Notice Service hereunder and the rates for services provided are subject to the orders of regulatory bodies having jurisdiction and to the Company's Tariff for Gas Service. 'Reference Rider CEE - Conservation and Energy Efficiency as approved in GUD 10170. Surcharge billing effective July 1, 2015. • DIVISION • • ••- • Attachment A RRC Tariff No: RATE • • E: COMMERCIAL I APPLICABLE TO: ALL •A • - • • • OF • UNINCORPORATED.- EFFECTIVE DATE: ■Bills Rendered on or after06/01/2016•. IIII III c Application Applicable to Commercial Customers for all natural gas provided at one Point of Delivery and measured through one meter and to Industrial Customers with an average annual usage of less than 30,000 Ccf. Type of Service Where service of the type desired by Customer is not already available at the Point of Delivery, additional charges and special contract arrangements between Company and Customer may be required prior to service being furnished. Monthly Rate Customer's monthly bill will be calculated by adding the following Customer and Ccf charges to the amounts due under the riders listed below: Charge Amount Customer Charge per Bill $ 41.75 per month Rider CEE Surcharge $ 0.02 per month' Total Customer Charge $ 41.77 per month Commodity Charge — All Ccf $ 0.08494 per Ccf Gas Cost Recovery: Plus an amount for gas costs and upstream transportation costs calculated in accordance with Part (a) and Part (b), respectively, of Rider GCR. Weather Normalization Adjustment: Plus or Minus an amount for weather normalization calculated in accordance with Rider WNA. Franchise Fee Adjustment: Plus an amount for franchise fees calculated in accordance with Rider FF. Rider FF is only applicable to customers inside the corporate limits of any incorporated municipality. Tax Adjustment: Plus an amount for tax calculated in accordance with Rider TAX. Surcharges: Plus an amount for surcharges calculated in accordance with the applicable rider(s). Agreement An Agreement for Gas Service may be required. Notice Service hereunder and the rates for services provided are subject to the orders of regulatory bodies having jurisdiction and to the Company's Tariff for Gas Service. 1 Reference Rider CEE - Conservation and Energy Efficiency as approved in GUD 10170. Surcharge billing effective July 1, 2015. Attachment A ID-TEX DIVISION RRC Tariff No: ATMOS ENERGY CORPORATION SCHEDULE:RATE Amount APPLICABLE IIIALL CUSTOMERS. • OF DALLAS AND UNINCORPORATED AREAS EFFECTIVE II IIIA III I TATE: �I L d on or after 0. •. Application Applicable to Industrial Customers with a maximum daily usage (MDU) of less than 3,500 MMBtu per day for all natural gas provided at one Point of Delivery and measured through one meter. Service for Industrial Customers with an MDU equal to or greater than 3,500 MMBtu per day will be provided at Company's sole option and will require special contract arrangements between Company and Customer. Type of Service Where service of the type desired by Customer is not already available at the Point of Delivery, additional charges and special contract arrangements between Company and Customer may be required prior to service being furnished. Monthly Rate Customer's monthly bill will be calculated by adding the following Customer and MMBtu charges to the amounts due under the riders listed below: Charge Amount Customer Charge per Meter $ 738.00 per month First 0 MMBtu to 1,500 MMBtu $ 0.3096 per MMBtu Next 3,500 MMBtu $ 0.2267 per MMBtu All MMBtu over 5,000 MMBtu $ 0.0486 per MMBtu Gas Cost Recovery: Plus an amount for gas costs and upstream transportation costs calculated in accordance with Part (a) and Part (b), respectively, of Rider GCR. Franchise Fee Adjustment: Plus an amount for franchise fees calculated in accordance with Rider FF. Rider FF is only applicable to customers inside the corporate limits of any incorporated municipality. Tax Adjustment: Plus an amount for tax calculated in accordance with Rider TAX. Surcharges: Plus an amount for surcharges calculated in accordance with the applicable rider(s). Curtailment Overpull Fee Upon notification by Company of an event of curtailment or interruption of Customer's deliveries, Customer will, for each MMBtu delivered in excess of the stated level of curtailment or interruption, pay Company 200% of the midpoint price for the Katy point listed in Platts Gas Daily published for the applicable Gas Day in the table entitled "Daily Price Survey." Replacement Index In the event the "midpoint" or "common" price for the Katy point listed in Platts Gas Daily in the table entitled "Daily Price Survey" is no longer published, Company will calculate the applicable imbalance fees utilizing a daily price index recognized as authoritative by the natural gas industry and most closely approximating the applicable index. MID-TEX DIVISION Attachment A RRC Tariff No: RATE SCHEDULE: I — INDUSTRIAL SALES APPLICABLE TO: ALL CUSTOMERS IN THE MID-TEX DIVISION EXCEPT THE CITY OF DALLAS AND UNINCORPORATED AREAS EFFECTIVE DATE: Bills Rendered on or after 0610112016 �PAGE: 15 Agreement An Agreement for Gas Service may be required. Notice Service hereunder and the rates for services provided are subject to the orders of regulatory bodies having jurisdiction and to the Company's Tariff for Gas Service. Special Conditions In order to receive service under Rate i Customer must have the type ofmeter required by Company. Attachment A MID-TEX DIVISION RRC Tariff No: ATMOS ENERGY CORPORATION Application Applicable, in the event that Company has entered into a Transportation Agreement, to a customer directly connected to the Atmos Energy Corp., Mid -Tex Division Distribution System (Customer) for the transportation of all natural gas supplied by Customer or Customer's agent at one Point of Delivery for use in Customer's facility. Type of Service Where service of the type desired by Customer is not already available at the Point of Delivery, additional charges and special contract arrangements between Company and Customer may be required prior to service being furnished. Monthly Rate Customer's bill will be calculated by adding the following Customer and MMBtu charges to the amounts and quantities due under the riders listed below: Charge Amount APPLICABLE 111IITO: • • • • • EFFECTIVE 1ATE: $ 0.3096 per MMBtu Next 3,500 MMBtu Application Applicable, in the event that Company has entered into a Transportation Agreement, to a customer directly connected to the Atmos Energy Corp., Mid -Tex Division Distribution System (Customer) for the transportation of all natural gas supplied by Customer or Customer's agent at one Point of Delivery for use in Customer's facility. Type of Service Where service of the type desired by Customer is not already available at the Point of Delivery, additional charges and special contract arrangements between Company and Customer may be required prior to service being furnished. Monthly Rate Customer's bill will be calculated by adding the following Customer and MMBtu charges to the amounts and quantities due under the riders listed below: Charge Amount Customer Charge per Meter $ 738.00 per month First 0 MMBtu to 1,500 MMBtu $ 0.3096 per MMBtu Next 3,500 MMBtu $ 0.2267 per MMBtu All MMBtu over 5,000 MMBtu $ 0.0486 per MMBtu Upstream Transportation Cost Recovery: Plus an amount for upstream transportation costs in accordance with Part (b) of Rider GCR. Retention Adjustment: Plus a quantity of gas as calculated in accordance with Rider RA. Franchise Fee Adjustment: Plus an amount for franchise fees calculated in accordance with Rider FF. Rider FF is only applicable to customers inside the corporate limits of any incorporated municipality. Tax Adjustment: Plus an amount for tax calculated in accordance with Rider TAX. Surcharges: Plus an amount for surcharges calculated in accordance with the applicable rider(s). Imbalance Fees All fees charged to Customer under this Rate Schedule will be charged based on the quantities determined under the applicable Transportation Agreement and quantities will not be aggregated for any Customer with multiple Transportation Agreements for the purposes of such fees. Monthly Imbalance Fees Customer shall pay Company the greater of (i) $0.10 per MMBtu, or (ii) 150% of the difference per MMBtu between the highest and lowest "midpoint" price for the Katy point listed in Platts Gas Daily in the table entitled "Daily Price Survey" during such month, for the MMBtu of Customer's monthly Cumulative Imbalance, as defined in the applicable Transportation Agreement, at the end of each month that exceeds 10% of Customer's receipt quantities for the month. Attachment A M|D'TEX DIVISION RRC Tariff No: ATMOS ENERGY CORPORATION RATE SCHEDULE: T —TRANSPORTATION APPLICABLE TO: ALL CUSTOMERS IN THE MID-TEX DIVISION EXCEPT THE CITY OF DALLAS AND UNINCORPORATED AREAS EFFECTIVE DATE: Bills Rendered on or after 06101/2016 A Curtailment Overpull Fee Upon notification by Company of on event of curtailment or interruption of Customer's deliveries, Customer will, for each MK0Btu delivered in excess of the stated |ava| of curtailment or interruption, pay Company 20096 of the midpoint price for the Katy point |ieh*d in F9mtta Gas Daily published for the applicable Gam Day in the table entitled "Daily Price Survey." Replacement Index In the event the "midpoint" or "common" price for the Katy point listed in Platts Gas Daily in the table entitled "Daily Price Survey" is no longer published, Company will calculate the applicable imbalance fees utilizing a daily price index recognized as authoritative by the natural gas industry and most closely approximating the applicable index. Agreement A transportation agreement is required. Notice Sen/ice hereunder and the nabae for services provided are subject to the orders ofregulatory bodies having jurisdiction and to the Company's Tariff for Gas Service. Special Conditions In order to receive service under Rate T. customer must have the type ofmeter required by Company. Attachment A rDIVISION Provisions for Adjustment The Commodity Charge per Ccf (100 cubic feet) for gas service set forth in any Rate Schedules utilized by the cities of the Mid -Tex Division service area for determining normalized winter period revenues shall be adjusted by an amount hereinafter described, which amount is referred to as the "Weather Normalization Adjustment." The Weather Normalization Adjustment shall apply to all temperature sensitive residential and commercial bills based on meters read during the revenue months of November through April. The five regional weather stations are Abilene, Austin, Dallas, Waco, and Wichita Falls. Computation of Weather Normalization Adjustment The Weather Normalization Adjustment Factor shall be computed to the nearest one-hundredth cent per Ccf by the following formula: WNAFi Ri (HSFi x (NDD-ADD) ) = (BLi + (HSFi x ADD) } Where i = any particular Rate Schedule or billing classification within any such particular Rate Schedule that contains more than one billing classification WNAFi = Weather Normalization Adjustment Factor for the ith rate schedule or classification expressed in cents per Ccf Ri = Commodity Charge rate of temperature sensitive sales for the ith schedule or classification. HSFi = heat sensitive factor for the ith schedule or classification divided by the average bill count in that class NDD = billing cycle normal heating degree days calculated as the simple ten-year average of actual heating degree days. ADD = billing cycle actual heating degree days. Bli = base load sales for the ith schedule or classification divided by the average bill count in that class The Weather Normalization Adjustment for the jth customer in ith rate schedule is computed as: WNA; = WNAFi x q;i. Where q;j is the relevant sales quantity for the jth customer in ith rate schedule. WNA — WEATHER NORMALIZATION APPLICABLE T ALL CUSTOMERS IN THE MID-TEX• OF DALLAS AND UNINCORPORATED AREAS EFFECTIVE IIII • on or after 11/01/2016 � PAGE: 41 Provisions for Adjustment The Commodity Charge per Ccf (100 cubic feet) for gas service set forth in any Rate Schedules utilized by the cities of the Mid -Tex Division service area for determining normalized winter period revenues shall be adjusted by an amount hereinafter described, which amount is referred to as the "Weather Normalization Adjustment." The Weather Normalization Adjustment shall apply to all temperature sensitive residential and commercial bills based on meters read during the revenue months of November through April. The five regional weather stations are Abilene, Austin, Dallas, Waco, and Wichita Falls. Computation of Weather Normalization Adjustment The Weather Normalization Adjustment Factor shall be computed to the nearest one-hundredth cent per Ccf by the following formula: WNAFi Ri (HSFi x (NDD-ADD) ) = (BLi + (HSFi x ADD) } Where i = any particular Rate Schedule or billing classification within any such particular Rate Schedule that contains more than one billing classification WNAFi = Weather Normalization Adjustment Factor for the ith rate schedule or classification expressed in cents per Ccf Ri = Commodity Charge rate of temperature sensitive sales for the ith schedule or classification. HSFi = heat sensitive factor for the ith schedule or classification divided by the average bill count in that class NDD = billing cycle normal heating degree days calculated as the simple ten-year average of actual heating degree days. ADD = billing cycle actual heating degree days. Bli = base load sales for the ith schedule or classification divided by the average bill count in that class The Weather Normalization Adjustment for the jth customer in ith rate schedule is computed as: WNA; = WNAFi x q;i. Where q;j is the relevant sales quantity for the jth customer in ith rate schedule. Attachment A MID-TEX DIVISION Flyi, -701#k Base Use/Heat Use Factors WNA — WEATHER NORMALIZATION ADJUSTMENT APPLICABLE TO- ALL CUSTOMERS IN THE MID-TEX DIVISION EXCEPT THE CITY OF DALLAS AND UNINCORPORATED -AREAS 1"I"a Mid : Base use Base Use/Heat Use Factors Weather Normalization Ad)uabnord0W4A>Reoort On or before June 1 of each year, the company posts on its website at atmoaenergy.00n/mb+vvna. in Excel format, a Weather Normalization Adjustment /N/NA\ Report to show how the company calculated ibaVVNAo factor during the preceding winter season. Additiona|k/, on or before June 1 of each year, the company files one hand copy and an Excel version of the NVVA Report with the Railroad Commission of Texas' Gas Gen/iooa Division, addressed to the Director ofthat Division. Residential Commercial Base use Heatmse Base use Heat use Weather Station Ccf Cof Abilene 10.09 0.1392 88.01 0.6440 Austin 11.21 0A551 203.38 0.8564 Dallas 13.72 0.2048 189.83 0.9884 Waco 9.88 0.1411 129.75 0.8685 V0ohdo 11.49 0.1500 122.35 0.5967 Falls Weather Normalization Ad)uabnord0W4A>Reoort On or before June 1 of each year, the company posts on its website at atmoaenergy.00n/mb+vvna. in Excel format, a Weather Normalization Adjustment /N/NA\ Report to show how the company calculated ibaVVNAo factor during the preceding winter season. Additiona|k/, on or before June 1 of each year, the company files one hand copy and an Excel version of the NVVA Report with the Railroad Commission of Texas' Gas Gen/iooa Division, addressed to the Director ofthat Division. File Date: March 1. 2016 ATMOS ENERGY CORP., MID-TEX DIVISION PROPOSED TARIFF STRUCTURE (BEFORE RATE CASE EXPENSE RECOVERY) Current TEST YEAR ENDING DECEMBER 31, 2015 Revenues Residential Base Charge (a) (b) (c) 1 Proposed Change In Rates: Residential Consumption Charge $ 29,603,205 2 Proposed Change In Rates without Revenue Related Taxes: $ 27,447,850 3 Commercial Base Charge $ 4 $ 1.81 2,662,423 5 $ 0.08020 6 Revenue Requirements Allocations 7 Residential $ 338,431,486 77.95% 8 Commercial 84,223,622 19.40% 9 Industrial and Transportation 11,490,316 2.65% 10 Net Revenue Requirements GUD No. 10170 $ 434,145,424 0.2151 11 139,070 I&T Consumption Charge Tier 3 MMBTU 12 0.0461 $ 0.0026 13 7,039,815 I&T Consumption Charge Tier 1 MMBTU 14 $ 27,447,850 15 3,215,747 I&T Consumption Charge Tier 2 MMBTU 16 17 1 1 2 2 2 2 2 2 2 2 2 2. (d) (e) (f) Schedule A In 1 divided by factor on WP_F-5.1 Per GUD 10170 Final Order Per GUD 10170 Final Order Per GUD 10170 Final Order With Proportional Increase all classes but Residential and a 40% residential base charge increase: Current Prospective Revenues Residential Base Charge $ 18.56 $ 0.48 $ 8,558,622 Residential Consumption Charge $ 0.09931 $ 0.01540 12,837,933 Commercial Base Charge $ 39.87 $ 1.81 2,662,423 Commercial Consumption Charge $ 0.08020 $ 0.00480 2,662,423 I&T Base Charge $ 697.35 $ 38.03 363,224 I&T Consumption Charge Tier 1 MMBTU $ 0.2937 $ 0.0166 172,167 I&T Consumption Charge Tier 2 MMBTU $ 0.2151 $ 0.0121 139,070 I&T Consumption Charge Tier 3 MMBTU $ 0.0461 $ 0.0026 51,988 7,039,815 I&T Consumption Charge Tier 1 MMBTU $ $ 27,447,850 (g) Attachment B Proof of Revenues (h) (i) Q) (k) With Customer Charges Rounded Off and residential base charge increase for 2015 limited to $0.50 per RRM tariff: Proposed Change In Proposed Proposed Change Revenues Rates Proposed Revenues Residential Base Charge $ 0.52 $ 9,335,278 $ 19.08 $ 339,813,673 Residential Consumption Charge $ 0.01447 12,061,297 $ 0.11378 94,839,970 Commercial Base Charge $ 1.83 2,697,162 $ 41.70 61,390,268 Commercial Consumption Charge $ 0.00474 2,626,475 $ 0.08494 47,065,984 I&T Base Charge $ 39.65 378,728 $ 737.00 7,039,815 I&T Consumption Charge Tier 1 MMBTU $ 0.0159 165,150 $ 0.3096 3,215,747 I&T Consumption Charge Tier 2 MMBTU $ 0.0116 132,888 $ 0.2267 2,597,042 I&T Consumption Charge Tier 3 MMBTU $ 0.0025 49,955 $ 0.0486 971,117 $ 27,446,933 $ 556,933,616 WP J-5 Page 2 of 4 File Date: March 1, 2016 ATMOS ENERGY CORP., MID-TEX DIVISION PENSIONS AND RETIREE MEDICAL BENEFITS ADJUSTMENT TEST YEAR ENDING DECEMBER 31, 2015 Attachment C WP F-2.3 Page 1 of 2 Shared Services Mid -Tex Direct Post- Post - Pension Retirement Pension Supplemental Retirement Line Account Plan Medical Plan Account Plan Executive Benefit Medical Plan Adjustment No. Description "PAP") ("FAS 106") ("PAP" Plan "SERP" "FAS 106" Total (a) (b) (c) (d) (e) (0 (g) 1 Fiscal Year 2016 Towers Watson Report as adjusted (1), (3) $ 5,101,680 $ 2,896,450 $ 7,840,683 $ 150,433 $ 4,466,430 2 O&M Expense Factor (2) 96.41% 96.41% 37.42% 20.77% 37.42% 3 Fiscal Year 2016 Actuarially Determined O&M Benefits (Ln 1 x Ln 2) $ 4,918,540 $ 2,792,473 $ 2,933,599 $ 31,249 $ 1,671,119 4 Allocation to Mid -Tex (2) 40.56% 40.56% 71.52% 100.00% 71.52% 5 Mid -Tex Benefits Expense Included in Rates - Proposed (Ln 3 x Ln 4) 1,995,016 $ 1,132,659 $ 2,098,222 $ 31,249 $ 1,195,248 $ 6,452,393 6 Mid -Tex Benefits Expense per GUD 10359 and RRM Test Year Ending 7 December 31, 2014 Benchmark (4) $ 2,831,859 $ 2,013,260 $ 2,925,600 $ 34,809 $ 2,695,721 $ 10,501,250 8 9 Test Year Adjustment (Line 5 minus Line 7) $ (836,844) $ (880,601) $ (827,379) $ (3,561) $ 1,500,472 ( ) $ (4,048,856) 10 11 Adjustment Summary: 12 Account 922 $ (836,844) $ (880,601) $ - $ - $ - $ (1,717,445) 13 Account 926 (827,379) (3,561) (1,500,472) (2,331,412) 14 Total (Ln 12 plus Ln 13) $ (836,844) $ (880,601) $ (827,379) $ (3,561) $ (1,522,472) $ (4,048,856) 15 16 17 Notes: 18 1. Studies not applicable to Mid -Tex or Shared Services are omitted. 19 2. The factors on Lines 2 and 4 are based on the factors in 2016 RRM (Test Year Ending December 31,2015). 20 3. SSU amounts exclude cost centers which do not allocate to Mid -Tex for rate making purposes. 21 4. GUD No. 10359 is the benchmark for January -May which is the same benchmark as used in the RRM TYE December 31, 2014 for June -December. WP F-2.3 Page 1 of 2 ATMOS ENERGY CORP., MID-TEX DIVISION PENSIONS AND RETIREE MEDICAL BENEFITS FOR CITIES APPROVAL TEST YEAR ENDING DECEMBER 31, 2015 Line No. Description (a) Fiscal Year 2016 Towers Watson Report (excluding Removed Cost 1 Centers) 2 Allocation to Mid -Tex FY16 Towers Watson Benefit Costs (excluding Removed Cost 3 Centers) Allocated to MTX (Ln 1 x Ln 2) 4 O&M and Capital Allocation Factor FY16 Towers Watson Benefit Costs To Approve (excluding 5 Removed Cost Centers) (Ln 3 x Ln 4) 6 7 8 Summary of Costs to Approve: 9 10 Total Pension Account Plan ("PAP") 11 Total Post -Retirement Medical Plan ("FAS 106") 12 Total Supplemental Executive Retirement Plan ("SERP") 13 Total (Ln 10 + Ln 11 + Ln 12) 14 15 16 O&M Expense Factor 17 18 Expense Portion (Ln 13 x Ln 16) 19 20 Capital Factor 21 22 Capital Portion (Ln 13 x Ln 20) 23 24 Total (Ln 18 + Ln 22) Attachment C rect Pension Post -Retirement Pension Supplemental Post -Retirement Account Plan Medical Plan Account Plan Executive Benefit Medical Plan Adjustment "PAP" "FAS 106" ("PAP") Plan "SERP") ("FAS 106°') Total (b) (c) (d) (e) (f) (g) $ 5,101,680 $ 2,896,450 $ 7,840,683 $ 150,433 $ 4,466,430 40.56% 40.56% 71.52% 100.00% 71.52% $ 2,069,299 $ $ 2,069,299 $ 1,174,833 $ 5,607,955 $ 150,433 $ 3,194,561 100.00% 100.00% 100.00% 100.00% 100.00% $ 2,069,299 $ 1,174,833 $ 5,607,955 $ 150,433 $ 3,194,561 $ 12,197,081 $ 2,069,299 $ 5,607,955 $ 7,677,254 $ 1,174,833 $ 3,194,561 4,369,394 $ 150,433 150,433 $ 2,069,299 $ 1,174,833 $ 5,607,955 $ 150,433 $ 3,194,561 $ 12,197,081 96.41% 96.41% 37.42% 20.77% 37.42% $ 1,995,016 $ 1,132,659 $ 2,098,222 $ 31,249 $ 1,195,248 $ 6,452,393 3.59% 3.59% 62.58% 79.23% 62.58% $ 74,283 $ 42,174 $ 3,509,733 $ 119,184 $ 1,999,313 $ 5,744,687 $ 2,069,299 $ 1,174,833 $ 5,607,955 $ 150,433 $ 3,194,561 $ 12,197,081