IURC News Release

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

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

Indianapolis Indiana� 46204������������������������������������������������� ��

317.232.2297 office

317.233.1982 fax

 

www.IN.gov/iurc

 

Contact:� Mary Beth Fisher

 

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

April 3, 2002

 

 

GAS PRICES FALL FOR CUSTOMERS OF INDIANA UTILITIES CORPORATION

 

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

 

In Cause No. 37357 GCA 46, the Commissioners agreed that the company�s savings on gas purchases should be passed along to consumers.� The tables below show the impact on customers.

 

 

Table 1

New vs. Currently Approved GCA Factor

For Residential Customers

 

 

 

Consumption��� Dth

 

Bill at����� New������ GCA Factor

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

 

 

Dollar��������������������������������� Decrease

 

 

Percent Change

 

 

 

 

 

 

5

$� 40.56

$� 49.98

$( 9.42)

-18.85%

10

��� 75.12

��� 93.95

�(18.83)

-20.04%

15

� 107.01

� 135.26

�(28.25)

-20.89%

20

� 138.88

� 176.55

(37.67)

-21.34%

25

� 170.76

� 217.84

(47.08)

-21.61%

 

 

 

Table 2

New vs. Prior Year Approved GCA Factor

For Residential Customers

 

 

 

Consumption��� Dth

 

Bill at����� New������

GCA Factor

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

 

 

Dollar���������������������������������� Decrease

 

 

Percent Change

 

 

 

 

 

5

$� 40.56

$� 49.47

$ (8.91)

-18.01%

10

��� 75.12

��� 92.93

�(17.81)

-19.16%

15

� 107.01

� 133.72

�(26.71)

-19.97%

20

� 138.88

� 174.51

� (35.63)

-20.42%

25

� 170.76

� 215.28

� (44.52)

-20.68%

 

 

 

�###