Midwest Natural Gas Corp Rates
To compare natural gas bills for regulated Indiana utilities, see the IURC's monthly residential surveys.
Key components in natural gas bills include gas costs and base rates.
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.
- Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them.
- Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market.
- Each GCA filing requires OUCC review and IURC approval.
Midwest Natural Gas Corporation files gas cost adjustment requests every three months.
Its most recent GCA (Cause No. 37740 GCA-153) has received approval and will affect bills for May, June, and July.
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.
Midwest Natural Gas Corporation's current base rates received Commission approval in 2017.
Infrastructure Improvement Plan
Midwest Natural Gas Corp. has received approval of a long-term infrastructure plan with periodic rate increases as allowed by state law.
To view the case files, click here and enter cause number 44942.