Railroad Commission of Texas Issues Final Order
On December 4, 2012, the Railroad Commission of Texas (RRC) issued a final order in the rate case for the Mid-Tex Division (Division) of Atmos Energy. The order authorized an increase in annual margin of about $29.6 million and a net decrease in annual depreciation rates of approximately $13.0 million, generating a net increase in the Division’s annual operating income of about $42.6 million. The order also authorized a return on equity of 10.5 percent, a rate base of $1.513 billion and an increase in the monthly residential customer charge to $17.70. The new rates went into effect January 1, 2013.
This news release should be read in conjunction with the attached unaudited financial information.
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