Natural Gas Rates Rising for Some Customers

1 decade 5 months 3 weeks ago April 05, 2006 Apr 5, 2006 Wednesday, April 05 2006 Wednesday, April 05, 2006 1:06:41 PM CDT in News
On Thursday the Public Service Commission (PSC) said the higher bills result from more usage and increased wholesale prices for natural gas. The agency said an average residential Aquila customer will see rates increase by 25% to 33% or more for the winter months. For the typical Atmos Energy customer, the PSC said rates will rise by anywhere from 34% to 93% depending on location. The higher rates take effect within the next week, starting on Friday in some areas. The wholesale cost of gas accounts for 65% to 80% of customers' bills. Companies can pass the cost along to customers without state regulators' approval.

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