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New base rates for Boonville Natural Gas Corporation 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 $10.00 to $12.00. Overall, the agreement will provide Boonville Natural Gas with about $572,000 in new annual operating revenues. By comparison, the utility originally requested an increase of nearly $814,000. The OUCC, in its May 25, 2012 testimony, recommended limiting the increase to approximately $478,000.
To review testimony and other case documents, please visit the IURC's public file and enter docket number 44129.
The OUCC issued an April 2, 2012 news release to invite consumer comments.
General Consumer Information: