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.us/iurc

 

Contact:Mary Beth Fisher

 

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

July 17, 2002

 

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

���������������

Today in Cause No.37396 GCA 44, 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 August through January.

 

Table 1

Effect on Residential Customers

New vs. Current

 

 

Monthly

Consumption��� Dth

 

Bill at New GCA Factor

 

Bill at Current���� GCA Factor

 

Dollar

Change����������������

 

PercentChange

 

 

 

 

 

 

5

$ 45.26

$46.03

$(0.77)

-1.67%

10

�� 74.04

75.59

(1.55)

-2.05%

15

102.83

105.15

( 2.32)

-2.21%

20

131.61

134.70

(3.09)

-2.29%

25

160.39

164.26

(3.87)

-2.36%

 

 

Table 2

Effect on Residential Customers

New vs. One Year Ago

 

 

Monthly

Consumption��� Dth

 

Bill at New�������� GCA Factor

Bill at GCA������������ Factor One Year Ago

 

Dollar��������������� Change

 

Percent Change

 

 

 

 

 

5

$45.26

$ 50.86

$( 5.60)

-11.01%

10

74.04

�� 85.25

(11.21)

-13.15%

15

102.83

119.63

(16.80)

-14.04%

20

131.61

154.01

(22.40)

-14.54%

25

160.39

188.40

(28.01)

-14.87%

 

 

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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