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.gov/iurc

Contact:� Mary Beth Fisher

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

January 31, 2002

GAS PRICES FALL FOR CUSTOMERS OF SWITZERLAND COUNTY NATURAL GAS COMPANY

Today, in Cause No. 37791 GCA 40, the Indiana Utility Regulatory Commission approved a decrease in the company�s Gas Cost Adjustment� for the months of February through April of 2002.�� The tables below show the impact on customers.

Table 1

New vs. Currently Approved GCA Factor

For Residential Customers

Consumption��� Dth	Bill at����� Proposed������ GCA Factor	Bill at Currently Approved������ GCA Factor	Dollar���������������������������������� Increase	Percent Change
5	$47.30	$53.90	($6.60)	-12.24%
10	� 90.69	103.89	(13.20)	-12.71%
15	132.10	151.89	(19.79)	-13.03%
20	173.40	199.79	(26.39)	-13.21%
25	214.70	247.69	(32.99)	-13.32%

Table 2

New vs. Prior Year Approved GCA Factor

For Residential Customers

Consumption Dth		Bill at Proposed�� GCA Factor	Bill at������������� Prior Year Approved������ GCA Factor	Dollar����������������������������������� Increase	Percent Change
5	$47.30		$41.72	$5.58	13.37%
10	� 90.69		79.54	11.15	14.02%
15	132.10		115.37	16.73	14.50%
20	173.40		151.09	22.31	14.77%
25	214.70		186.82	17.88	14.92%

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