Key components in Boonville Natural Gas Corporation's bills include gas costs and base rates.
To compare average gas utility bills, see the IURC's monthly residential surveys.
2023-2024 Base Rate Case
Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. A natural gas utility is allowed to earn a return on this portion of the bill.
The OUCC and Boonville Natural Gas Corporation have reached a settlement in the pending rate that case would reduce the utility's requested increase from more than $1 Million to approximately $735,000. The OUCC recommended capping the increase at nearly $716,000.
UPDATE (9/18/2024): The IURC issued a final order approving the settlement agreement.
All publicly filed documents in the rate case (Cause No. 45985-U) are available on the Commission's website.
The OUCC issued a news release Jan. 11, 2024 to invite consumer comments.
The utility requested the increase through the state's Small Utility Filing Procedure, which is aimed at reducing rate case expenses while not reducing the standard of review by the OUCC and IURC.
Current Base Rates
Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. A natural gas utility is allowed to earn a return on this portion of the bill.
Boonville Natural Gas Corporation's current base rates were set in October 2019. In its rate case order, the IURC approved a settlement agreement between the OUCC and the utility. It reduced the utility's requested increase from 14.2 percent to 11.4 percent.
Gas Costs
Natural gas utilities buy gas for their customers in a competitive wholesale market. Indiana law allows utilities to adjust rates periodically to recover changes in those costs, which can go up or down. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process.
Booneville Natural Gas Corp.'s GCA rate adjustments are approved every six months under IURC Cause Number 37369. Orders approving rate adjustments include specific bill impacts and are available from the electronic files on the IURC website.
To search:
- Go to https://iurc.portal.in.gov/
- Click the “Start” button under “Search for a Docketed Case”
- Enter the Cause Number noted above
- The most recent GCA case will appear first
6-10-2025