Press Release

PUC Approves Settlement for Lower Rate Increase than Requested by Peoples TWP

Published on 12/19/2013

Filed under: Gas

HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today voted to approve a settlement for a lower rate increase than requested by Peoples TWP LLC (Peoples TWP).

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. 

According to the settlement, the company will increase rates by $13.8 million (17 percent). The company’s original proposal asked for an $18.66 million (23 percent) increase.

Based on gas cost rates in effect at the time of the rate filing, a typical residential customer using 84 thousand cubic feet (Mcf) of natural gas a year will see an increase in their monthly bill of $15.71, from $79.22 to $94.94. Under the company’s proposal, the total annual bill for a typical residential customer using 84 Mcf of natural gas a year would have increased $22.49, from $79.22 to $101.71 per month.

Peoples TWP provides natural gas service to 62,800 customers in Allegheny, Armstrong, Beaver, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson, and Westmoreland counties.

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 and 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 No. R-2013-2355886

Contact:

• Denise McCracken
  Senior Communications Specialist
  717-787-5722
  demccracken@pa.gov