File #: 25-4250    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 8/25/2025 In control: City Council
On agenda: 9/8/2025 Final action:
Title: Approval of a Resolution by the City of Lewisville, Texas, Suspending the September 17, 2025, Effective Date of the Proposal by CoServ Gas, Ltd. to Implement Interim GRIP Rate Adjustments for Gas Utility Investment in 2024 and Requiring Delivery of This Resolution to the Company and Legal Counsel.
Attachments: 1. CoServ Grip Adjustment- Staff Memo - 2025.09.pdf, 2. CoServ Grip Adjustment- Resolution - 2025.09.pdf, 3. CoServ Grip Adjustment- Letter to cities re CoServ Gas IRA filing - 2025.09.08, 4. CoServ Grip Adjustment- CoServ Gas Tariff - Incorporated - Redline and Clean - 2025.09.08, 5. CoServ Grip Adjustment- GRIP IRA Binder Unincorporated 2025 07 18 rl - FINAL - 2025.09.08
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title

Approval of a Resolution by the City of Lewisville, Texas, Suspending the September 17, 2025, Effective Date of the Proposal by CoServ Gas, Ltd. to Implement Interim GRIP Rate Adjustments for Gas Utility Investment in 2024 and Requiring Delivery of This Resolution to the Company and Legal Counsel.

 

request

ADMINISTRATIVE COMMENTS:

 

CoServ is seeking recovery of $267,149,471 in invested capital.  The current filing will increase rates to residential customers by $3.33 per month by increasing the current residential customer charge from $18.00 to $21.33 per month.  Under the Gas Reliability Infrastructure Program (GRIP) statute, cities may not challenge the Company’s request. However, cities may take action to suspend the effective date of the rate increase by 45 days. The proposed resolution suspends the September 17, 2025, effective date of the Company’s rate increase for 45 days, the maximum permitted by law.

 

RECOMMENDATION:

 

That the City Council approve the resolution as set forth in the caption above.