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.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                                   

February 27, 2002

 

IURC APPROVES DECREASE IN FUEL COST CHARGE FOR LOGANSPORT  MUNICIPAL ELECTRIC DEPARTMENT

 

Today, the Indiana Utility Regulatory Commission approved a decrease in the fuel cost charge of Logansport Municipal Electric.

 

In Cause No. 38705-FAC 54, the Commissioners agree the company has made every reasonable effort to acquire fuel at the lowest reasonable price, and it is in the best interest of its customers to allow the company to pass those savings along.

 

The average customer who uses 1,000 kWh per month should see a $3.27 decrease per month on his or her electric bill.

 

The Logansport Municipal Electric Department serves nearly 13,000 residential and business customers.

 

~30~