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.us/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                   

June 19, 2002

 

IURC APPROVES DECREASE IN GAS COST ADJUSTMENT FOR MIDWEST NATURAL GAS

 

Today in Cause No. 37440-GCA 74 the Indiana Utility Regulatory Commission approved the gas cost adjustment for Midwest Natural Gas.  Customers of the company will have the benefit of lower prices for the months of August through October of 2002.  The tables below show 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

$38.61

$   41.45

$ ( 2.84)

-6.85%

10

68.03

     73.70

   (5.67)

-7.69%

15

95.93

   104.43

   (8.50)

-8.14%

20

123.83

   135.17

   (11.34)

-8.39%

25

151.74

   165.91

   (14.17)

-8.54%

 

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

$38.61

$   59.76

$ (21.15)

-35.39%

10

68.03

   110.32

   (42.29)

-38.33%

15

95.93

   159.37

   (63.44)

-39.81%

20

123.83

   208.42

   (84.59)

-40.59%

25

151.74

   257.47

   (105.73)

-41.06%

 

 

###