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 NATURAL GAS

 

Today, in Cause No. 37418-GCA 75, the Indiana Utility Regulatory Commission approved the decrease in the Gas Cost Adjustment for November, December 2002 and January 2003, requested by Indiana Natural Gas. While there is a small increase over the current bill, prices will be 20% lower than one year ago.�� The table below shows the impact on customers.��

 

Table 1

Proposed vs. Currently Approved GCA Factor

For Residential Customers

 

 

Consumption��� Mcf

 

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

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

 

 

Dollar����������������� Increase

 

 

Percent

�Change

 

 

 

 

 

5

$ 42.34

$ 41.85

$0.49

1.17%

10

�� 78.68

�� 77.71

�0.97

1.25%

15

�115.02

�113.56

�1.46

1.29%

20

�151.36

�149.41

�1.95

1.31%

25

�187.70

�185.26

�2.44

1.32%

 

�����������

 

 

 

 

 

 

 

 

 

 

Table 2

Proposed vs. Prior Year Approved GCA Factor

For Residential Customers

 

 

Consumption��� Mcf

 

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

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

 

 

Dollar��������������� (Decrease)

 

 

Percent

�Change

 

 

 

 

 

5

$ 42.34

$ 53.22

($10.88)

(20.44%)

10

�� 78.68

�100.44

(� 21.76)

(21.66%)

15

�115.02

�147.66

(� 32.64)

(22.10%)

20

�151.36

�194.89

(� 43.53)

(22.34%)

25

�187.70

�242.11

(� 54.41)

(22.47%)

�����������

 

Indiana Natural Gas serves more than 7,700 customers, with its headquarters in Paoli, Indiana.

 

###