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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