The Kansas Corporation Commission approves a settlement agreement allowing Atmos Energy to increase its net revenues by $2.2 million raising residential rates by $1.03 per month for the average customer.

 Atmos originally asked the Commission for an $8.3 million net revenue increase in an application filed in September.

 According to the KCC, the settlement agreement balances the need for reasonable customer rates while providing the company with sufficient revenues to meet its financial obligations and provide reliable service. In addition, the increase will be spread out among all customer classes.

 The settlement addresses other issues such as allowing Atmos to continue to utilize the Gas System Reliability Surcharge tariff to replace its aging infrastructure in the state, waiving the requirement to charge customers a credit card fee, and approving a voluntary smart choice carbon offset pilot program.

 Atmos supplies natural gas service to more than three million customers in eight states including 139,000 Kansas customers.

A recording of the Business Meeting is available on the KCC YouTube channel.