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New base rates for South Eastern Indiana Natural Gas Co. were approved on November 7, 2012. In its order, the Indiana Utility Regulatory Commission (IURC) approved a settlement agreement between the utility and the Indiana Office of Utility Consumer Counselor (OUCC).
The agreement will increase the utility's monthly residential customer charge from $8.92 to $11.00. Overall, the order will provide South Eastern Indiana Natural Gas Co. with nearly $163,000 in new annual operating revenues. By comparison, the utility originally requested an increase of nearly $257,000. The OUCC, in its May 17, 2012 testimony, recommended limiting the increase to approximately $103,000.
To review testimony and other case documents, please visit the IURC's public file and enter docket number 44128.
The OUCC issued an April 2, 2012 news release inviting public comments.
General Consumer Information: