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 24, 2002

                         

IURC APPROVES GAS COST ADJUSTMENT FOR BOONVILLE NATURAL GAS CORPORATION

 

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

 

Today, in Cause No. 37369 GCA  61, the Indiana Utility Regulatory Commission approved in the company’s Gas Cost Adjustment for the months of May, June and July, 2002.  The tables below show the impact on customers.       

 

 

Table 1

New vs. Currently Approved GCA Factor

 

Consumption         Bill at New            Bill at Current       Dollar                       Percent

 Mcf or Dth           GCA Factor              GCA Factor          Increase/(Decrease)   Change

 

        5                  $ 44.01                     $ 44.32                 $(0.30)                0.68%

      10                     81.98                        82.58                   (0.60)               0.73%

      15                   117.06                       117.96                   (0.91)               0.77%

      20                   152.14                       153.35                   (1.21)               0.79%

      25                   187.22                       188.73                   (1.51)               0.80%

 

 

Table 2

New vs. Prior Year Approved GCA Factor

 

Consumption      Bill at New         Bill at Year Ago                 Dollar                   Percent

 Mcf or Dth           GCA Factor          GCA Factor          Increase/(Decrease)          Change

 

        5                       $ 44.01         $ 57.33                        $(13.32)                23.23%

      10                          81.98          108.61                          (26.64)                24.52%

      15                        117.06          157.01                          (39.96)                25.45%

      20                        152.14          205.41                          (53.27)                25.93%

      25                        187.22          253.82                          (66.59)                26.24%

 

 

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