IURC News Release

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

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

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

317.232.2297 office

317.233.1982 fax

http://www.in.gov/iurc

 

Contact:� Mary Beth Fisher

 

For Immediate Release

December 27, 2001

 

GAS BILLS TO GO DOWN FOR CUSTOMERS OF PEOPLES GAS & POWER

 

Customers of People�s Gas & Power should continue to pay less to heat their homes.

 

Today, in Cause No. 37441 GCA 72, the Indiana Utility Regulatory Commission approved a decrease in the company�s Gas Cost Adjustment for February, March and April 2002. The table below shows the impact on customers.

 

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

$�� 46.73

$�� 47.36

($� 0.63)

-1.33%

10

���� 88.74

���� 90.00

(��� 1.26)

-1.40%

15

�� 126.40

�� 128.29

(��� 1.89)

-1.48%

20

�� 164.06

�� 166.58

(��� 2.52)

-1.52%

25

�� 201.72

�� 204.88

(��� 3.16)

-1.54%

 

 

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

$�� 46.73

$�� 53.22

($� 6.48)

-12.18%

10

���� 88.74

�� 101.70

(� 12.97)

-12.75%

15

�� 126.40

�� 145.85

(� 19.45)

-13.34%

20

�� 164.06

�� 190.00

(� 25.94)

-13.65%

25

�� 201.72

�� 234.14

(� 32.42)

-13.85%

 

 

� Peoples Gas & Power serves nearly 3,000 customers.

 

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