Texas Gas Service proposed a rate hike that could raise some Austin-area residents' bills by up to $10 a month next year, attributed partly to Covid-19 and Winter Storm Uri.
TGS states reasons for the hike include global factors like demand outpacing supply, the economy, war in Ukraine, and natural gas prices being nearly 100% higher than last year.
The Texas Legislature's decision allows gas companies to recover winter-storm-related debt from residential consumers over the next 30 years, contributing to the proposed rate increase.
Consumer advocate questions the need for immediate cost recovery by TGS and highlights confusion over the two different rate options offered to consumers.
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