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                                                                 

November 20, 2001

 

GAS PRICES DROP FOR INDIANA GAS

 

Customers of Indiana Gas will pay less to heat their homes in December 2001 and January and February 2002.

 

In cause 37394-GCA 72 the Commissioners approved the GCA factor, which is lower than the last quarter, and also lower than customers paid last winter. 

 

Table 1

Proposed vs. Currently Approved GCA Factor


 

 

Usage Per Month

Bill at Proposed Max.

GCA Factor

Bill at

Current

GCA Factor

 

 

Increase (Decrease)

 

 

Percent Change

  5 Dth

  $45.13

  $49.31

  ($4.18)

(8.48%)

10 Dth

  $78.11

  $86.47

  ($8.36)

(9.67%)

15 Dth

$111.08

$123.62

($12.54)

    (10.14%)

20 Dth

$144.06

$160.78

($16.72)

(10.40%)

25 Dth

$177.03

$197.93

($20.90)

(10.56%)

 

Table 2

Proposed vs. Prior Year Approved GCA Factor

 


 

 

Consumption

(Dth)

Bill at Proposed Max.

GCA Factor

Bill at

Prior Year Effective GCA Factor

 

 

Increase (Decrease)

 

 

Percent Change

  5 Dth

  $45.13

  $51.83

  ($6.70)

(12.92%)

10 Dth

  $78.11

  $91.50

($13.39)

(14.63%)

15 Dth

$111.08

$131.17

($20.09)

(15.31%)

20 Dth

$144.06

$170.84

($26.78)

(15.68%)

25 Dth

$177.03

$210.51

($33.47)

(15.90%)

 

The Commissioners will also allow Indiana Gas to continue to lower the rates on a monthly basis, so it can immediately pass savings along to its customers should the price of natural gas continue to decline. 

 

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