Rates

Natural Gas Utility Bills Rising, but Freeport LNG Outage Adds Downward Price Twist

Natural Gas Utility Bills Rising, but Freeport LNG Outage Adds Downward Price Twist

Major utilities across the United States are paying more for natural gas-fired generation, and they are passing the higher cost on to consumers. Earlier this month, the American Gas Association (AGA) reported that U.S. domestic gas demand averaged 68.8 Bcf/d in May, up 3.5% year/year. AGA attributed most of the additional demand to power burn,…

June 15, 2022
Oklahoma Natural Gas Customers to See Smaller Hike in Winter Storm Uri-Related Charges

Oklahoma Natural Gas Customers to See Smaller Hike in Winter Storm Uri-Related Charges

Weeks away from the one-year anniversary of Winter Storm Uri, Oklahoma regulators have approved a plan that would lower and extend the natural gas costs incurred by consumers following the deadly storm. The Oklahoma Corporation Commission (OCC) order issued earlier in January allows the costs to be securitized under a law passed by the state…

January 28, 2022
Duke’s Proposed Rate Hike in Florida Designed to Offset Natural Gas Price Volatility

Duke’s Proposed Rate Hike in Florida Designed to Offset Natural Gas Price Volatility

Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices. The “fuel adjustment” would be tacked onto residential, commercial and industrial power bills from March through at least February 2023, the Duke Energy Corp. subsidiary said. The measure would translate to a $6.62 increase in…

December 27, 2021
LNG Freight Rates Still Strong Amid Tight Global Natural Gas Market

LNG Freight Rates Still Strong Amid Tight Global Natural Gas Market

The liquefied natural gas (LNG) shipping market remains tight as demand from South America to Asia is strong, but analysts said freight rates could diverge from LNG prices in the coming weeks on a variety of factors.  For now, vessel rates are up. While the spot market in the Pacific Basin is “fairly quiet,” demand…

June 18, 2021
New York Natural Gas Rates to Rise as Utilities Commit to Net-Zero Gas Sales Growth

New York Natural Gas Rates to Rise as Utilities Commit to Net-Zero Gas Sales Growth

As part of a broader shift away from natural gas in New York, a pair of local utilities committed to achieving net-zero growth in gas sales throughout their service territories during a three-year period beginning Dec. 1. New York State Electric & Gas Corp. (NYSEG) and sister company Rochester Gas & Electric (RG&E) made the…

November 23, 2020
Washington State Regulators React to Covid-19 in Setting Puget Sound Rates

Washington State Regulators React to Covid-19 in Setting Puget Sound Rates

The Covid-19 pandemic played a central role in how state of Washington regulators finalized a $205 million general rate request from Bellevue, WA-based Puget Sound Energy (PSE), and they indicated that will be their practice for as long as the virus is present. New natural gas and electric rates are effective July 20. In the…

July 9, 2020

Atlanta Gas Light Files for Base Rate Increase to Fund $1B System Improvements

Coming as the utility’s first rate hike request in two years, Atlanta Gas Light (AGL) has filed for a $96.1 million adjustment to natural gas base rates with the Georgia Public Service Commission (PSC), in part to fund $1 billion in natural gas system improvements. The base rate adjustment would mean a $3.80 monthly increase for the typical residential customer.

June 6, 2019

Comment Period Ends Wednesday For FERC’s Pipeline Income Tax Rate NOPR

Nearly a dozen utilities, state regulatory agencies and other entities have filed motions to intervene, seeking clarification or rehearing of FERC’s recently proposed changes in income tax rates for natural gas pipeline companies, electric transmission and master limited partnerships (MLP).

April 24, 2018

Xcel’s Retail NatGas Prices to Increase in Colorado

Retail natural gas rates in Colorado are headed up by 13-14% in the first quarter, according to Xcel Energy Inc.’s Denver-based combination utility, Public Service Company of Colorado.

December 21, 2016

Washington State Regulators Settle Cascade Gas Pipe Safety Issue, Deny Avista Rate Hikes

Washington state’s regulatory commission took action on Thursday in separate cases involving a pipeline safety penalty for Cascade Natural Gas Corp. and general rate increase requests by Avista Utilities.

December 16, 2016
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