November 14, 2001

MIDWEST NATURAL GAS TO LOWER PRICES

Today the Indiana Utility Regulatory Commission took action, which means that customers of Midwest Natural Gas will pay less to heat their homes in November.

In Cause No. 37440 GCA-71, the Commissions granted the company’s request to reconsider its order of October 3, 2001, to allow Midwest Natural Gas to pass along savings on gas to its customers immediately.

Table 1

Proposed vs. Currently Approved GCA Factor

For Residential Customers

Consumption Dth		Bill at Proposed GCA Factor	Bill at Currently Approved GCA Factor		Dollar (Decrease)			Percent Change

5	$ 48.67			$ 59.76		$ (11.09)	-18.56%
10	88.14			110.32		(22.18)	-20.11%
15	126.10			159.37		(33.27)	-20.88%
20	164.05			208.42		(44.37)	-21.29%
25	202.01			257.47		(55.46)	-21.54%

Table 2

Proposed vs. Prior Year Approved GCA Factor

For Residential Customers

Consumption Dth	Bill at Proposed GCA Factor		Bill at Prior Year Approved GCA Factor	Dollar Increase	Percent Change

5		$ 48.67	$ 45.49	$ 3.18	6.99%
10		88.14	81.78	6.36	7.78%
15		126.10	116.56	9.54	8.18%
20		164.05	151.34	12.71	8.40%
25		202.01	186.12	15.89	8.54%

The Commission will also allow the utility to lower its prices through its tariff in December and January, if it is able to buy gas at a lower rate than it anticipated in October.

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