IURC News Release

Indiana Utility Regulatory Commission������ ����������������������� ��������

302 West Washington Street, Room 306��������������������������������������������� ��������

Indianapolis Indiana46204�����

317.232.2297 office

317.233.1982 fax

www.state.in.gov/iurc

 

Contact:Mary Beth Fisher

 

For Immediate Release ������������������������������������������������������� ��������

March 13, 2002

 

GAS PRICES FALL FOR CUSTOMERS OF OHIO VALLEY GAS CORPORATION

 

Today the Indiana Utility Regulatory Commission approved an order, which will result in lower prices for customers of the Ohio Valley Gas Corporation in May, June and July 2002.

 

In Cause No. 37353 GCA 74, the Commissioners agreed that the savings should be passed along to consumers.�� Ohio Valley Gas provides service to the public in its Group 1 area in Bretzville, Ferdinand, Malthersville, Saint Anthony, Saint Marks, and rural areas of Dubois County;Bluff Point, Center, College Corner, Pennville, Portland, and rural areas of Jay County, rural areas of northern Randolph County; Saint Meinrad and rural areas of Spencer County; in its Group 2 area in Deerfield, Harrisville, Haysville, Lynn, Randolph, Ridgeville, Saratoga, Union City, Winchester, and rural areas of Randolph County; Fountain City and rural areas of Wayne County; all in Indiana.

The tables below show the impact on customers.

 

Table No. 1

Effects of Approved v. Currently Approved GCA Factor

for Residential Customers

 

 

 

Consumption��� Dth

 

Bill at����� Approved������ GCA Factor

Bill at������ Currently Approved������ GCA Factor

 

 

Dollar����������������� (Decrease)

 

 

Percent Change

 

Group 1

 

 

 

 

5

$ 45.34

$ 49.78

($ 4.44)

(8.92%)

10

�� 79.49

�� 88.36

(�� 8.87)

(10.04%)

15

113.64

126.95

( 13.31)

(10.48%)

20

147.79

165.53

( 17.74)

(10.72%)

25

181.94

204.12

( 22.18)

(10.87%)

 

 

 

 

 

Group 2

 

 

 

 

5

$ 44.75

$ 49.81

($ 5.06)

(10.16%)

10

�� 78.30

�� 88.42

( 10.12)

(11.45%)

15

111.86

127.04

( 15.18)

(11.95%)

20

145.41

165.65

( 20.24)

(12.22%)

25

178.97

204.27

( 25.30)

(12.39%)

 

 

Table No. 2

Effects of Approved v. Prior Year Approved GCA Factor

for Residential Customers

 

 

 

Consumption��� Dth

 

Bill at����� Approved������ GCA Factor

Bill at��������� Prior Year Approved������ GCA Factor

 

 

Dollar����������������� (Decrease)

 

 

Percent Change

 

Group 1

 

 

 

 

5

$ 45.34

$ 48.82

($ 3.48)

(7.13%)

10

�� 79.49

�� 86.45

(�� 6.96)

(8.05%)

15

113.64

124.08

( 10.44)

(8.41%)

20

147.79

161.71

( 13.92)

(8.61%)

25

181.94

199.34

( 17.40)

(8.73%)

 

 

 

 

 

Group 2

 

 

 

 

5

$ 44.75

$ 48.72

($ 3.97)

(8.15%)

10

�� 78.30

�� 86.25

(�� 7.95)

(9.22%)

15

111.86

123.78

( 11.92)

(9.63%)

20

145.41

161.31

( 15.90)

(9.86%)

25

178.97

198.84

( 19.87)

(9.99%)

 

 

 

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