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

July 24, 2002

 

NORTHERN INDIANA FUEL & LIGHT RATES TO DECREASE

 

Today, in Cause 38431 GCA 31, the Indiana Utility Regulatory Commission approved a decrease in the gas cost adjustment for the billing cycles of August 2002 through January 2003 requested by Northern Indiana Fuel & light Company, Inc.  The tables below show the impact on customers.

 

Table 1

New vs. Currently Approved GCA Factor

For Residential Customers

 

 

 

Consumption Dth

 

Bill at      New GCA Factor

Bill at       Currently Approved     GCA Factor

 

 

Dollar          (Decrease)

 

 

Percent Change

 

  5

$ 43.60

$ 47.49

$ (3.89)

-8.19%

10

   77.43

   85.21

   (7.78)

-9.13%

15

 109.66

 121.33

 (11.67)

-9.62%

20

 141.89

 157.45

 (15.56)

-9.88%

25

 174.12

 193.57

 (19.45)

-10.05%

 

Table 2

New vs. Prior Year Approved GCA Factor

For Residential Customers

 

 

 

Consumption Dth

 

Bill at     

New GCA Factor

Bill at           Prior Year Approved      GCA Factor

 

 

Dollar          (Decrease)

 

 

Percent Change

5

$ 43.60

$ 56.34

$ (12.74)

-22.61%

10

   77.43

  102.91

   (25.48)

-24.76%

15

 109.66

 147.88

   (38.22)

-25.85%

20

 141.89

 192.85

   (50.96)

-26.42%

25

 174.12

 237.82

   (63.70)

-26.78%

 

Northern Indiana Fuel & Light Company provides natural gas utility service in areas of Allen, Dekalb, Noble, and Steuben Counties.

 

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