IURC News Release

Indiana Utility Regulatory Commission†††††† ††††††††††††††††††††††† †† ††††††††

302 West Washington Street, Room 306††††††††††††††††††††††††††††††††††††††††††††† †† ††††††††

Indianapolis Indiana 46204†††††††††††††††††††††††††††††††††††††††††††††††††††††† †† ††††††††

317.232.2297 office

317.233.1982 fax

www.state.in.us/iurc

 

Contact: Mary Beth Fisher

 

For Immediate Release ††††††††††††††††††††††††††††††††††††††††††††††††††††††† ††††††††

August 29, 2001

††††††††††††††††††††††† †††††††††††††††††††††††††††††††††††

GAS BILLS TO GO DOWN FOR CUSTOMERS OF INDIANA GAS

 

Customers of Indiana Gas will see a decrease in their gas bills starting in September.Today, in Cause No. 37394-GCA 71, the Indiana Utility Regulatory Commission approved a decrease in the companyís Gas Cost Adjustment for September, October and November 2001.The Commissioners are making sure that customers see immediate savings from the lower prices of wholesale gas.The table below shows the impact on customers.†††††

 

Proposed vs. Currently Approved GCA Factor

For Residential Customers



Usage Per
Month

Bill At Proposed
Max. GCA Factor

Bill At Current GCA Factor

Increase
(Decrease)

Percent
Change

5 Dth

$ 54.71

$ 60.22

$(5.52)

(9.16)%

10 Dth

$97.26

$108.29

$(11.03)

(10.19)%

15 Dth

$139.81

$156.35

$(16.55)

(10.58)%

20 Dth

$182.36

$204.42

$(22.06)

(10.79)%

25 Dth

$224.91

$252.48

$(27.58)

(10.92)%

 

 

 

 

 

 

 

 

 

 

 

 

The effect on a residential customerís monthly bill at normal consumption levels compared with the rates in effect twelve (12) months ago would be as follows:

 

Proposed vs. Prior Year Approved GCA Factor

For Residential Customers


Usage Per
Month

Bill at Proposed Max. GCA Factor

Bill at Prior year Approved GCA Factor

Increase (Decrease)

Percent Change

5 Dth

$ 54.71

$ 48.96

$5.75

11.73%

10 Dth

$97.26

$ 85.77

$11.49

13.40%

15 Dth

$139.81

$122.57

$17.24

14.06%

20 Dth

$182.36

$159.38

$22.98

14.42%

25 Dth

$224.91

$196.18

$28.73

14.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Commissioners are satisfied that the company has made every reasonable effort to acquire long-term natural gas supplies at the lowest cost reasonably possible.

 

Indiana Gas provides natural gas services to 524,427 customers in Indiana.

 

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