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Vanessa Cowie, Forsyth County Library programming coordinator, takes part in a
puppet show during the "Book Parade."
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Parade patrons take part in movement exercises.
Natural gas supplier’s
rate hike sliced
another Dallas-based gas com
pany, TXU, and the possible
effect of the merger on
Georgia ratepayers.
Unlike some utilities,
Atmos operates as a single
company without separate
operating companies in the
states where it does business.
Baker and Everett differed
as to whether the TXU acqui
sition prompted the Georgia
rate hike request.
From the evidence in the
case, that was a very likely
outcome,” said Baker in his
belief that the TXU purchase
was a factor in the $4,189 mil
lion request.
<( I didn’t see any indication
of that,” said Everett, who
added that the company’s per
centage of profit was cut.
By Harris Blackwood
FCN Regional Staff
ATLANTA — The Georgia
Public Service Commission
voted Thursday to give Atmos
Energy less than one-tenth of
a requested $4.5 million rate
increase.
The commission, which
regulates public utilities in the
state, voted 3-2 on a motion
by Commissioner Doug
Everett to grant the reduced
amount.
n I think they got what they
deserved,” said Commissioner
Bobby Baker, who voted
along with Everett and
Commissioner David Burgess
on the reduced request.
Commissioners Stan Wise and
Angela Speir voted against.
Wise also offered two
amendments that would have
increased the recommendation
of the PSC staff. Both amend¬
ments failed.
u . We will pursue all options
because the result is unaccept¬
able,” said Julius Hulsey, a
Gainesville attorney who rep¬
resents Atmos, a major suppli¬
er of natural gas in
Gainesville. The PSC granted
the company an increase of
$370,505, which amounts to
an increase of approximately
32 cents for each customer.
Baker said that he was sur¬
prised at Hulsey’s action, ask¬
ing the commission to proceed
with their vote. Everett said
that the attorney previously
had sent a letter asking the
commission to delay the vote
until Dec. 1 to allow for fur¬
ther negotiations.
At issue during the case
was Atmos’ 2004 merger with
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Abigail Dini, 19 months old, pets a pup¬
Photos/Ron Logan pet at the end of the parade.
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Kristi Welch, Forsyth County Library programing assistant; Darlene Lauth, Forsyth
County Library programing assistant; and Vanessa Cowie, Forsyth County Library
programming coordinator, entertain children during "Book Parade," Tuesday night to
celebrate Children's Book Week at the Forsyth County Library. The parade included
puppet shows, skits, songs and movement activities to "bring the books to life
through puppets."
“This vote decreases the
company’s profit making abili
ty by lowering their return on
equity to 10.125 percent from
the current 11.5 percent,” he
said. “This reduction alone
decreases the company’s base
revenues by more than
$636,000 a year saving rate
payers an additional cost on
their monthly bills.”
Joel Ames, a spokesperson
for Atmos, said that the out¬
come is not acceptable,
“We are clearly disappoint
ed,” Ames said. “We will seek
a motion for reconsideration
and appeal. We filed in May
and spent six months building
a strong case. We built a case
for the revenue we need
to continue operating in
Georgia.
FORSYTH COUNTY NEWS — Sunday, November 20,2005
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