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                                                                                                   

October 31, 2001

 

GAS PRICES FALL SIGNIFICANTLY FOR CUSTOMERS OF SOUTHERN INDIANA GAS AND ELECTRIC                           

 

Customers served by Southern Indiana Gas and Electric will see their bills drop this quarter.

 

Today, in Cause No. 37366 GCA 72, the Indiana Utility Regulatory Commission approved a decrease in the company’s Gas Cost Adjustment for the next  three months beginning November 1, 2001.  The tables below show the impact on customers.           

TABLE 1

Proposed vs. Currently Approved GCA Factor

For Residential Heating Customer

Consumption

Therms

Bill at Maximum GCA Rate

Nov, Dec, Jan Wt. Avg.

Bill at Previously

Approved

GCA Rate

Dollar

Increase

(Decrease)

Percent

Change

 

 

 

 

 

  50

  $38.71

  $60.18

  $(21.47)

-35.68%

100

  $67.41

$110.36

  $(42.95)

-38.92%

150

  $96.12

$160.54

  $(64.42)

-40.13%

200

$124.82

$210.72

  $(85.90)

-40.76%

250

$153.53

$260.90

$(107.37)

-41.15%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TABLE 2

Proposed vs. Prior Year Approved GCA Factor

For Residential Heating Customers

Consumption

Therms

Bill at Maximum GCA Rate

Nov, Dec, Jan Wt. Avg.

Bill at Prior Year

GCA Rate

Dollar

Increase

(Decrease)

Percent

Change

 

 

 

 

 

  50

  $38.71

  $41.21

  ($2.50)

-6.07%

100

  $67.41

  $72.41

  ($5.00)

-6.91%

150

  $96.12

$103.62

  ($7.50)

-7.24%

200

$124.82

$134.82

($10.00)

-7.42%

250

$153.53

$166.03

($12.50)

-7.53%

 

 

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