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.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                 

March 13, 2002

 

GAS PRICES FALL FOR CUSTOMERS OF OHIO VALLEY GAS CORPORATION

 

Today the Indiana Utility Regulatory Commission approved an order, which will result in lower prices for customers of the Ohio Valley Gas Corporation in May, June, and July 2002.

 

In Cause No. 37354 GCA 74, the Commissioners agreed that the savings should be passed along to consumers. Ohio Valley Gas provides service to the public in Connersville, Everton, Lyonsville, Springersville, and rural areas of Fayette County; Clinton Corners, Negangard Corner, Penntown, Sunman, and rural areas in Ripley County; rural areas in Franklin County; Brownsville, Liberty, and rural areas in Union County; Cannelton, St. Marks, Tell City, Troy, and rural areas in Perry County; Dover, Guilford, Lawrenceville, Logan, New Alsace, St. Leon, Yorkville, and rural areas in Dearborn County; and rural areas of eastern Spencer County west of Troy; all in Indiana.

 

The tables below show the impact on customers.

 

Table 1

New vs. Currently Approved GCA Factor

For Residential Customers

 

 

Consumption     Dth

 

Bill at

New GCA Factor

Bill at       Currently Approved       GCA Factor

 

 

Dollar                 (Decrease)

 

 

Percent Change

 

 

 

 

 

 

  5

$ 40.52

$ 45.23

($ 4.71)

(10.41%)

10

   69.28

   78.71

(   9.43)

(11.98%)

15

   98.05

 112.19

( 14.14)

(12.60%)

20

 126.81

 145.67

( 18.86)

(12.95%)

25

 155.58

 179.15

( 23.57)

(13.16%)

 

Table 2

New vs. Prior Year Approved GCA Factor

For Residential Customers

 

 

Consumption    Dth

 

Bill at

New GCA Factor

Bill at              Prior Year Approved       GCA Factor

 

 

Dollar                (Decrease)

 

 

Percent Change

 

 

 

 

 

  5

$ 40.52

$ 48.81

($ 8.29)

(16.98%)

10

   69.28

   85.87

( 16.59)

(19.32%)

15

   98.05

 122.93

( 24.88)

(20.24%)

20

 126.81

 159.99

( 33.18)

(20.74%)

25

 155.58

 197.05

( 41.47)

(21.05%)

 

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