The City of Tyler and CenterPoint Energy have reached a tentative agreement on the company's gas rates. Tyler Mayor Joey Seeber made the announcement this morning. He said the residential base rates set out in the agreement are less than what CenterPoint proposed in the past.
Sixteen other cities in CenterPoint's East Texas division have reached identical rate agreements with the company. However, the City of Tyler worked in something extra. "Our citizens in the City of Tyler will have that base rate of $12.25 frozen for five years. Every other city is getting a three-year freeze. We were able to negotiate two additional years for our citizens," said Seeber.
The new rate and the freeze is on the base rate only. It would go into effect June first. The City Council and the Railroad Commission of Texas have to approve the agreement before it becomes final.
Oralia Ortega reporting, firstname.lastname@example.org