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.state.in.us/iurc

 

Contact:� Mary Beth Fisher

 

For Immediate Release

October 16, 2002

 

IURC APPROVES GAS COST ADJUSTMENT FOR INDIANA UTILITIES CORPORATION

 

Today in Cause No 37357 GCA 48 the Indiana Utility Regulatory Commission approved the Gas Cost Adjustment requested by Indiana Utilities Corporation for November, December 2002 and January 2003.� While there is a small increase over the current bill, prices will be nearly 18% to 20% lower than one year ago.

 

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��������������������������������� Increase

 

 

Percent Change

 

 

 

 

 

 

5

$� 43.56

$� 42.65

$� 0.91

2.13%

10

��� 81.12

��� 79.29

�� 1.83

2.31%

15

� 116.01

� 113.26

�� 2.75

2.43%

20

� 150.89

� 147.22

�� 3.67

2.49%

25

� 185.77

� 181.18

�� 4.59

2.53%

 

 

 

 

 

 

 

 

 

 

 

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

$� 43.56

$� 53.10

($9.54)

-17.97%

10

��� 81.12

� 100.21

( 19.09)

-19.05%

15

� 116.01

� 144.63

( 28.62)

-19.79%

20

� 150.89

� 189.05

( 38.16)

-20.19%

25

� 185.77

� 233.47

( 47.70)

-20.43%

 

 

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