Indiana Utility Regulatory Commission
302 West Washington Street, Room
306
Indianapolis Indiana 46204
317.232.2297 office
317.233.1982 fax
Today
the Indiana Utility Regulatory Commission approved a request by the Logansport
Electric Utility to change its fuel cost charge for April, May and June.
The bottom-line in Cause No. 38705-FAC 50, means electric customers will see their bills decrease. The average customer, who uses 1,000 kWh per month, should see savings of about $5.93 on his or her bill.
Even
though the Commission approved an increase in the fuel cost charge to be
applied in the next quarters’ billing cycle, it found that the company
over-collected its costs for October, November and December 2000. The reduction is the result of the
reconciliation of those costs.
Logansport
Electric is still operating under restraints form the Environmental Protection
Agency and must purchase coal with low sulphur content. The company purchases approximately 55% of
its power from PSI Energy. The
remainder is self-produced. The evidence shows that the company has made every
reasonable effort to acquire fuel and generate or purchase power to provide
electricity to its customers at the lowest reasonable price.
Logansport
Electric serves nearly 13,000 residential and business customers.
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