IURC News Release

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

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

Indianapolis Indiana46204�����������������������������������������������������������������

317.232.2297 office

317.233.1982 fax

www.IN.gov/iurc

 

Contact:Mary Beth Fisher

 

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

January 24, 2002

 

IURC APPROVES DECREASE IN GAS COST ADJUSTMENT FOR KOKOMO GAS AND FUEL

�����������������������

Today, in Cause No.37396 GCA 43, the Indiana Utility Regulatory Commission approved the gas cost adjustment request from Kokomo Gas and Fuel. The tables below show the impact on customers for the billing cycles of February 2002 through July 2002.

 

Table 1

Proposed vs. Currently Approved GCA Factor

For Residential Customers

 

 

Consumption��� Dth

 

Bill at����� Proposed������ GCA Factor

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

 

 

Dollar��������������� Decrease

 

 

Percent Change

 

 

 

 

 

 

5

$ 46.03

$ 50.86

($ 4.83)

(9.49%)

10

�� 75.59

�� 85.25

(�� 9.66)

(11.33%)

15

105.15

119.63

(14.48)

(12.10%)

20

134.70

154.01

(19.31)

(12.54%)

25

164.26

188.40

(24.14)

(12.81%)

 

 

Table 2

Proposed vs. Prior Year Approved GCA Factor

For Residential Customers

 

 

Consumption��� Dth

 

Bill at����� Proposed������ GCA Factor

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

 

 

Dollar���������������� Decrease

 

 

Percent Change

 

 

 

 

 

5

$�� 46.03

$ 47.08

($1.05)

(2.23%)

10

���� 75.59

�� 77.68

(2.09)

(2.69%)

15

�� 105.15

108.27

(3.12)

(2.88%)

20

�� 134.70

138.87

(4.17)

(3.00%)

25

�� 164.26

169.47

(5.21)

(3.07%)

 

Kokomo Gas and Fuel serves more than 33,000 customers in the City of Kokomo, primarily, and in Greentown and Russiaville in Howard County; Windfall and Sharpsville in Tipton County; Galveston and Young America in Cass County; and Burlington in Carroll County and Forest in Clinton County.In addition, gas utility service is supplied to eleven other communities as well as the rural areas located in Howard, Tipton, Cass, Carroll, Clinton and Miami Counties.

 

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