Ohio Valley Gas 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, base rates, and trackers.
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.
Ohio Valley Gas files gas cost adjustment requests every three months.
The utility's most recent GCA (Cause No. 44147 GCA-40) will affect bills for the first quarter of 2023.
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 IURC approved current base rates for Ohio Valley Gas in 2017.
Ohio Valley Gas 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 45400.
In addition, Ohio Valley Gas may recover costs due to federally mandated pipeline safety matters through an annual pipeline safety adjustment (Cause No. 44137 PSA-8).