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 16, 2002

 

IURC APPROVES GAS COST ADJUSTMENT FOR INDIANA UTILITIES CORPORATION

 

Today in Cause No 37357 GCA 48 the Indiana Utility Regulatory Commission approved the Gas Cost Adjustment requested by Indiana Utilities Corporation for November, December 2002 and January 2003.  While there is a small increase over the current bill, prices will be nearly 18% to 20% lower than one year ago.

 

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                                  Increase

 

 

Percent Change

 

 

 

 

 

 

5

$  43.56

$  42.65

$  0.91

2.13%

10

    81.12

    79.29

   1.83

2.31%

15

  116.01

  113.26

   2.75

2.43%

20

  150.89

  147.22

   3.67

2.49%

25

  185.77

  181.18

   4.59

2.53%

 

 

 

 

 

 

 

 

 

 

 

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

$  43.56

$  53.10

($9.54)

-17.97%

10

    81.12

  100.21

( 19.09)

-19.05%

15

  116.01

  144.63

( 28.62)

-19.79%

20

  150.89

  189.05

( 38.16)

-20.19%

25

  185.77

  233.47

( 47.70)

-20.43%

 

 

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