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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