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Fountaintown Gas Co. Rates

Fountaintown Gas Co. provides service in 5 counties (Decatur, Hancock, Henry, Rush, and Shelby).

To compare average residential billing amounts for regulated natural gas utilities, see the IURC's monthly residential surveys.

Key components in natural gas bills include gas costs and base rates.

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.

  • 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.

Fountaintown Gas Company files gas cost adjustment requests every three months. Its most recent GCA (Cause No. 37913 GCA-136) received approval in March 2022.

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