A division of ONE Gas, Inc. (NYSE: OGS), a publicly traded gas distributor headquartered in Tulsa, Oklahoma.
Estimates only — increases land differently by rate class and usage; the sourced numbers are in “On the record” below.
El Paso's gas comes from a shareholder-owned company a state away: Texas Gas Service is a division of Tulsa-based ONE Gas, spun off from ONEOK in 2014 and traded on the NYSE. Unlike a private-equity owner, its finances are public — but its obligation runs to shareholders, and its rates are argued out in Austin, not El Paso.
The live fight is consolidation. TGS asked regulators to merge its three separate Texas service areas into one rate base — a move the city of El Paso's analysis said would shift costs onto El Paso households, with average residential bills rising more than 27% under the original proposal while Rio Grande Valley customers saw decreases. Regulators approved a smaller increase in February 2026.
TGS's statewide consolidation proposal became part of a triple-hit winter for El Paso utility bills — electric, gas, and water increases stacking toward an estimated $45 a month for some households. The city fought the plan as an unfair cost-shift onto El Paso; a state senator publicly pushed back.
The approved outcome landed well below the original proposal: about 10% (roughly $4 a month) for typical residential customers, with larger residential users seeing around 19% (about $11). The structural question — whether El Paso should share one rate base with distant regions — remains the case to watch in future filings.
Utility Watch is built on the same platform as this market’s archived public meetings — search the record for every time “Texas Gas Service” came up in council chambers.
🔎 Search the meeting archive for “Texas Gas Service”