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.IN.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                   

April 10, 2002

                         

IURC APPROVES GAS COST ADJUSTMENT FOR MIDWEST NATURAL GAS CORPORATION

 

Customers of Midwest Natural Gas Corporation will see a drop in the price they pay for natural gas in the next quarter.

 

Today, in Cause No.37440 GCA 73, the Indiana Utility Regulatory Commission approved in the company’s Gas Cost Adjustment for the months of May through July of 2002.  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

$41.45

$   48.88

$ ( 7.43)

-15.20%

10

  73.70

     88.57

   (14.87)

-16.79%

15

104.43

   126.75

   (22.32)

-17.61%

20

135.17

   164.92

   (29.75)

-18.04%

25

165.91

   203.10

   (37.19)

-18.31%

 

 

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

$41.45

$   55.59

$ (14.14)

-25.44%

10

  73.70

   101.98

   (28.28)

-27.73%

15

104.43

   146.87

   (42.44)

-28.90%

20

135.17

   191.75

   (56.58)

-29.51%

25

165.91

   236.63

   (70.72)

-29.89%

 

 

 

 

 

 

 

 

 

 

 

 

 

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