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 ��������������������������������������������������������������� ��

June 19, 2002

 

IURC APPROVES DECREASE IN GAS COST ADJUSTMENT FOR PEOPLES GAS

 

Today in Cause No. 37441-GCA74 �the Indiana Utility Regulatory Commission approved the gas cost adjustment for Peoples Gas.� Customers of the company will have the benefit of lower prices for the months of August through October of 2002.� The tables below show 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

$�� 33.28

$�� 38.18

$ (� 4.90)

-12.83%

10

���� 61.83

���� 71.63

�� (� 9.80)

-13.68%

15

���� 86.03

�� 100.74

�� (14.71)

-14.60%

20

�� 110.24

�� 129.86

�� (19.62)

-15.11%

25

�� 134.45

�� 158.97

�� (24.52)

-15.42%

 

 

 

 

 

 

 

 

 

 

 

 

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

$�� 33.28

$�� 55.63

$ ( 22.35)

-40.18%

10

���� 61.83

�� 106.52

�� ( 44.69)

-41.95%

15

�� 86.03

�� 153.08

�� ( 67.05)

-43.80%

20

�� 110.24

�� 199.64

�� ( 89.40)

-44.78%

25

�� 134.45

�� 246.19

�� (111.74)

-45.39%

 

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