With wholesale gas prices for March and April nearly triple what prices were for the same months in 2002, very little can be done to prevent some impact on utility customers. Despite forward purchasing, storage and other risk management practices, Mobile Gas in Alabama said its residential customers still will see a 22% increase in their rates.
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NJNG Petitions NJ Board for 3% Rate Increase
New Jersey Natural Gas Co. (NJNG) said Thursday that it has filed with the New Jersey Board of Public Utilities (BPU) for an adjustment in the price of Basic Gas Supply Service (BGSS), which will raise its customer’s bills by 3%.
October 18, 2002
Equitable Files for Cut in Customers’ Bills
Equitable Gas Co. filed a gas cost adjustment with thePennsylvania Public Utility Commission (PUC) Thursday which, ifapproved, will result in a 9% reduction in customers’ monthlybills. The rate cuts would be effective Oct. 1. The PUC did notdisclose when it would review the filing.
April 5, 1999