Press Release
PUC Approves Settlement for Lower Rate Increase than Requested by Columbia Gas
Published on 5/23/2013
Filed under: Gas
HARRISBURG –The Pennsylvania Public Utility Commission (PUC) today voted to approve a settlement for a lower rate increase than requested by Columbia Gas of Pennsylvania (Columbia Gas).
The Commission voted 5-0 to approve the settlement, which was agreed to by the formal parties in the case including the company, the Office of Consumer Advocate, the Office of Small Business Advocate and the PUC’s Bureau of Investigation and Enforcement. PUC Commissioner James H. Cawley issued a statement.
According to the settlement, the company will increase rates by $55.25 million (14.64 percent). The company’s original proposal asked for a $77.3 million (20.61percent) increase.
The total monthly bill for a residential customer who purchases 73 therms of gas from Columbia each month will increase a total of $10.99 from $67.17 to $78.16 (16.36 percent). Under the company’s original proposal, the monthly bill for the same customer would have increased a total of $15.75 from $67.17 to $82.92 (23.45 percent).
Columbia Gas provides natural gas service to approximately 415,000 customers in 26 counties in Pennsylvania.
More information on the ratemaking process is available on the Commission’s website.
The Pennsylvania Public Utility Commission balances the needs of consumers and utilities; ensures safe and reliable utility service at reasonable rates; protects the public interest; educates consumers to make independent and informed utility choices; furthers economic development; and fosters new technologies and competitive markets in an environmentally sound manner.
For recent news releases, video of select Commission proceedings or more information about the PUC, visit our website at www.puc.pa.gov. Follow the PUC on Twitter – @PA_PUC for all things utility. “Like” PAPowerSwitch on Facebook for easy access to information on electric shopping.
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Docket Number R-2012-2321748
Contact:
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Denise McCracken
Senior Communications Specialist
717-787-5722
demccracken@pa.gov
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