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                                                                   

March 28, 2002

         

GAS BILLS TO GO DOWN FOR CUSTOMERS OF FOUNTAINTOWN GAS COMPANY

 

Today, in Cause No.37913 GCA 59, the Indiana Utility Regulatory Commission approved a decrease in the gas cost adjustment of Fountaintown Gas for April, May, and June 2002.  The Commissioners are making sure that customers see immediate savings from the lower prices of wholesale gas.  The table below shows the impact on customers.

 

Table 1

New v. Currently Approved GCA Factor

For Residential Customers

 

                        Bill at                Bill at

Consumption      New                  Current              Increase    Percent

Dth                   GCA Factor         GCA Factor         (Decrease) Change

5                        $42.02                $50.47             ($8.45)  -16.74%

10                      $78.03                $94.94            ($16.91)   -17.81%

15                      $112.27             $137.63            ($25.36)   -18.43%

20                      $146.51             $180.32             ($33.81)   -18.75%

25                      $180.75             $223.02            ($42.27)  -18.95%

 

 

Table 2

New vs. Prior Year Approved GCA Factor

For Residential Customers

 

                        Bill at                  Bill at Prior         Dollar

Consumption      New                    Year Approved      Increase        Percent

Dth                   GCA Factor           GCA Factor          (Decrease)     Change

5                         $42.02               $47.49             ($5.47)         -11.52%

10                        $78.03               $88.97           ($10.94)        -12.30%

15                      $112.27             $128.68            ($16.41)        -12.75%

20                      $146.51             $168.39            ($21.88)         -12.99%

25                      $180.75             $208.10            ($27.35)         -13.14%

 

 

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