Company: ATO
Filing Date: 2025-11-14
Form Type: 10-K
Source: 0000731802-25-000056
Chunk: 5

Company: ATMOS ENERGY CORP
Filing Date: 2025-11-14
Form: 10-K
Item: Item 1
Chunk 5
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%MississippiMississippi(7)11/04/2024592,2367.80%(4)(4)Mississippi - SIR(7)11/04/2024629,6877.80%(4)(4)West TexasWest Texas Systemwide (8)06/01/20251,231,6517.59%39/619.80%

DivisionJurisdictionBad  DebtRider(2)Formula RateInfrastructure Mechanism Performance BasedRate Program(3)WNA PeriodAtmos Pipeline —  TexasTexasNoYesYesN/AN/AColorado-KansasColoradoNoNoYesNoN/AKansasYesNoYesYesOctober-MayKentucky/Mid-StatesKentuckyYesNoYesYesNovember-AprilTennesseeYesYesYesYesOctober-AprilVirginiaYesNoYesNoJanuary-DecemberLouisianaLouisianaNoYesYesNoDecember-MarchMid-Tex CitiesTexasYesYesYesNoNovember-AprilMid-Tex — DallasTexasYesYesYesNoNovember-AprilMississippiMississippiYesYesYesNoNovember-AprilWest TexasTexasYesNoYesNoOctober-May

(1)The rate base, authorized rate of return, authorized debt/equity ratio, and authorized return on equity presented in this table are those from the most recent approved regulatory filing for each jurisdiction. These rate bases, rates of return, debt/equity ratios, and returns on equity are not necessarily indicative of current or future rate bases, rates of return or returns on equity.

(2)The bad debt rider allows us to recover from customers the gas cost portion of customer accounts that have been written off.

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(3)The performance-based rate program provides incentives to distribution companies to minimize purchased gas costs by allowing the companies and their customers to share the purchased gas costs savings.

(4)A rate base, rate of return, return on equity, or debt/equity ratio was not included in the respective state commission’s final decision.

(5)The Mid-Tex Cities approved the Formula Rate Mechanism filing with rates effective October 1, 2025, which included a rate base of $8.3 billion, an authorized return of 7.42%, a debt/equity ratio of 42/58, and an authorized ROE of 9.80%.

(6)The Mid-Tex rate base represents a “system-wide,” or 100 percent, of the Mid-Tex Division’s rate base.

(7)The Mississippi SRF and SIR were filed jointly