title
Approval of a Resolution of the City of Lewisville Suspending the December 19, 2025 Effective Date of Texas-New Mexico Power Company’s (TNMP’s) Requested Rate Change to Permit the City Time to Study the Request and to Establish Reasonable Rates; Approving Cooperation with Other TNMP Cities; Hiring Lloyd Gosselink Attorneys and Consulting Services to Negotiate with the Company and Direct any Necessary Litigation and Appeals; Finding that the Meeting at Which This Resolution is Passed is Open to the Public as Required by Law; Requiring Notice of this Resolution to the Company and Legal Counsel.
request
ADMINISTRATIVE COMMENTS:
Texas-New Mexico Power Company (TNMP or the Company) filed an application with cities retaining original jurisdiction on November 14, 2025, seeking to increase system-wide transmission and distribution rates by $34 million. The Company is asking the City to approve a 6.4% increase in residential rates and an overall increase of 5% in rates. The Company is also proposing a 6.6% decrease for streetlighting customers, but significant increases for commercial customers. Monthly rates would increase by approximately $5.20 for an average residential customer. The City of Lewisville is a member of a coalition of cities known alternatively as the Cities Served by TNMP and the Gulf Coast Coalition of Cities (TNMP Cities). In response to this request, the proposed resolution suspends the December 19, 2025, effective date of the Company’s rate increase for the maximum period permitted by law (90 days) to allow the City, working in conjunction with other cities served by TNMP, to evaluate the filing, determine whether the filing complies with law, and if lawful, to determine what further strategy, including settlement, to pursue.
RECOMMENDATION:
That the City Council approve the resolution as set forth in the caption above.