Texas Gas Service (TGS) has proposed a third rate increase in twelve months, aimed at raising $41.1 million, equating to a nearly 10 percent increase excluding gas costs. The city council plans to delay the proposal for 90 days, despite limited authority to block it. TGS's past increases were aimed at funding infrastructure. Small residential customers would see their monthly charge rise to $29.50, while larger customers would pay $39.50. Commercial customers similarly face significant hikes after previous adjustments.
Texas Gas Service (TGS) has filed for its third rate increase in a year, impacting over 230,000 customers in Austin and nearby areas.
TGS is seeking to raise $41.1 million in revenue, translating to a seven percent increase system-wide, or nearly 10 percent excluding gas costs.
Following recent increases, small residential customers saw an 8 percent rise in their fixed charge, while larger users experienced nearly a 5 percent rise.
The latest proposal suggests small residential customer charges would increase from $21.36 to $29.50 per month, highlighting substantial overnight cost hikes.
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