IURC News Release

Indiana Utility Regulatory Commission                                          

302 West Washington Street, Room 306                                                         

Indianapolis Indiana 46204                                                                  

317.232.2297 office

317.233.1982 fax

http://www.in.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release

December 27, 2001

 

GAS BILLS TO GO DOWN FOR CUSTOMERS OF PEOPLES GAS & POWER

 

Customers of People’s Gas & Power should continue to pay less to heat their homes.

 

Today, in Cause No. 37441 GCA 72, the Indiana Utility Regulatory Commission approved a decrease in the company’s Gas Cost Adjustment for February, March and April 2002. The table below shows the impact on customers.

 

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

$   46.73

$   47.36

($  0.63)

-1.33%

10

     88.74

     90.00

(    1.26)

-1.40%

15

   126.40

   128.29

(    1.89)

-1.48%

20

   164.06

   166.58

(    2.52)

-1.52%

25

   201.72

   204.88

(    3.16)

-1.54%

 

 

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                                   (Decrease)

 

 

Percent Change

 

 

 

 

 

5

$   46.73

$   53.22

($  6.48)

-12.18%

10

     88.74

   101.70

(  12.97)

-12.75%

15

   126.40

   145.85

(  19.45)

-13.34%

20

   164.06

   190.00

(  25.94)

-13.65%

25

   201.72

   234.14

(  32.42)

-13.85%

 

 

  Peoples Gas & Power serves nearly 3,000 customers.

 

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