Consider and take action on Resolution No. 17-029, denying CenterPoint Energy Houston Electric, LLC application for Distribution Cost Recovery Factor (“DCRF”) request to increase electricity rates.  (City Secretary)Centerpoint Energy's intent to increase electricity rates.  (City Secretary)

Texas City was served with papers from CenterPoint indicating their filing with the PUC to increase their rates in September.  Texas City is a member of the Gulf Coast Coalition of Cities and have on retainer the law firm of Lloyd Goselink who reviews the submissions.  It is their recommendation to deny the increase and proceed with the PUC to challenge the increase of $0.31 per customer bill to recover capital improvements the company is planning on doing over the next few years.  Texas City's primary electric provider is TNMP, however, roughly 103 customers are served by Centerpoint.  Attached are the reports by the law firm indicating more detail on the challenge.