Indiana Utility Regulatory Commission
302 West Washington Street, Room 306
Indianapolis Indiana 46204
September 4, 2002
IURC APPROVES NEW RATES FOR MONON TELEPHONE
Today in Cause No. 42215, the Indiana Utility Regulatory Commission approved a settlement agreement between Monon Telephone Company and the Indiana Office of Utility Consumer Counselor which will result in the first rate increase for customers since November of 1956.
The new residential rates will be $13, business rates are set at $15 and PBX rates are $19.
Monon Telephone serves just over 2,000 residential and business customers.