Natural gas rates increased effective June 14 for Laclede Gas Co. customers under a scheduled filing reviewed and accepted by the Missouri Public Service Commission. Laclede serves 636,000 gas customers in St. Louis and surrounding Missouri counties. Residential customers on average pay $0.626/therm, and their costs will go up about 9 cents/therm to $0.716/therm. The effect of the proposed rate on a typical residential customer’s gas bill for the remaining summer season will be about $15 more, according to Laclede. Approximately 60% to 75% of a customer’s natural gas bill reflects the cost of natural gas from wholesale suppliers. The wholesale cost of natural gas is not regulated by the commission, and the wellhead cost of gas is unregulated and is primarily driven by supply and demand. The commission conducts an annual regulatory review to ensure that regulated gas companies make prudent decisions in securing natural gas supplies for their customers.
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Reliant Offers to Cut Emergency Spot Power Prices to CA
California state and local officials Thursday reviewed a new proposal from Houston-based Reliant Energy offering lower emergency spot market power prices in exchange for letting up on air emission restrictions that limit the hours of operation annually to some of Reliant’s power plants along the coast in Ventura and Santa Barbara counties.
Reliant Offers to Cut Emergency Spot Power Prices to CA
California state and local officials Thursday reviewed a new proposal from Houston-based Reliant Energy offering lower emergency spot market power prices in exchange for letting up on air emission restrictions that limit the hours of operation annually to some of Reliant’s power plants along the coast in Ventura and Santa Barbara counties.
GISB Mulls Energy Industry Standards Board
The advisory committee of the Gas Industry Standards Board (GISB) said that it recently reviewed a report to discuss the creation of an energy industry standards board (EISB), which would be responsible for electronic communications standards for wholesale and retail electric and natural gas transactions.
GISB Mulls Energy Industry Standards Board
The advisory committee of the Gas Industry Standards Board (GISB) said on Thursday that it reviewed a report this week to discuss the creation of an energy industry standards board (EISB), which would be responsible for electronic communications standards for wholesale and retail electric and natural gas transactions.
