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                                                                 

September 26, 2001

                                               

GAS BILLS TO GO DOWN FOR CUSTOMERS OF
COMMUNITY NATURAL GAS COMPANY

 

Customers of Community Natural Gas Company will see a decrease in their gas bills starting next month.

 

Today, in Cause No. 37488 GCA 70, the Indiana Utility Regulatory Commission approved a decrease in the company’s Gas Cost Adjustment for November 2001 through January of 2002.  The Commissioners are making sure that customers see immediate savings from the lower prices of wholesale gas.  The tables below show the impact on customers.  

 

Proposed vs. Currently Approved GCA Factor

For Residential Customers

 

Rate 1

 

Monthly                        Bill at Proposed            Bill at Current   Increase           Percent

Consumption                         Factor                       Factor                    in Dollars          Change

 

  5 (Dth)                         $   58.46                    $   61.90                      ($ 3.44)            -5.56%

10 (Dth)                            110.38                       117.26                      (   6.88)            -5.87%

15 (Dth)                            157.93                       168.25                      ( 10.32)            -6.13%

20 (Dth)                            205.47                       219.23                      ( 13.76)            -6.28%

25 (Dth)                            253.02                       270.22                      ( 17.20)            -6.37%

 

Rate 2

 

    Monthly                    Bill at Proposed            Bill at Current   Increase           Percent

Consumption                         Factor                       Factor                    in Dollars          Change

 

  5 (Dth)                         $   50.55                    $   57.04                      ($ 6.49)         -11.38%

10 (Dth)                              94.55                       107.54                      ( 12.99)         -12.08%

15 (Dth)                            134.18                       153.66                      ( 19.48)         -12.68%

20 (Dth)                            173.82                       199.78                      ( 25.96)         -12.99%

25 (Dth)                            213.45                       245.90                      ( 32.45)         -13.20%

 

 

The following tables compare the GCA factor to that factor charged one year ago:

 

Rate 1

 

    Monthly                    Bill at Proposed            Bill at Year Ago            Increase           Percent

Consumption                         Factor                       Factor                    in Dollars          Change

 

  5  (Dth)                        $   58.46                    $   44.63                      $ 13.83          30.99%

10 (Dth)                            110.38                         82.72                         27.66          33.44%

15 (Dth)                            157.93                       116.44                         41.49          35.63%

20 (Dth)                            205.47                       150.16                         55.31          36.83%

25 (Dth)                            253.02                       183.87                         69.15          37.61%

 

 

Rate 2

 

    Monthly                    Bill at Proposed            Bill at Year Ago            Increase           Percent

Consumption                         Factor                       Factor                    in Dollars          Change

 

  5 (Dth)                         $   50.55                    $   42.41                      $   8.14          19.19%

10 (Dth)                              94.55                         78.28                         16.27          20.78%

15 (Dth)                            134.18                       109.77                         24.41          22.24%

20 (Dth)                            173.82                       141.26                         32.56          23.05%

25 (Dth)                            213.45                       172.76                         40.69          23.55%

 

 

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.

 

Community Natural Gas Company provides natural gas services to 7,060 customers in southern Indiana.

 

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