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Boonville Natural Gas Corporation's current base rates were approved in November 2012. In its order, the Indiana Utility Regulatory Commission (IURC) approved a settlement agreement between the utility and the Indiana Office of Utility Consumer Counselor (OUCC).
The agreement increased the utility's monthly residential customer charge from $10.00 to $12.00. Overall, the agreement provided Boonville Natural Gas with about $572,000 in new annual operating revenues. By comparison, the utility originally requested an increase of nearly $814,000. The OUCC, in its May 25, 2012 testimony, recommended limiting the increase to approximately $478,000.
To review testimony and other case documents, please visit the IURC's public file and enter docket number 44129.
To compare average residential billing amounts for regulated natural gas utilities, see the IURC's monthly residential surveys.
Natural gas utilities may adjust rates on a quarterly basis, subject to OUCC review and IURC approval, to recover wholesale commodity costs. To review Boonville's gas cost adjustment filings, visit the IURC's Electronic Document System and enter docket number 37369.