Welcome

Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

Atmos Energy rate increase approved

Associated Press

FRANKFORT - Atmos Energy Corp. customers will see their bills rise after the company won approval for an $8.5 million annual revenue increase.

The amount is more than $4.8 million less than the utility sought.

The Kentucky Public Service Commission approval Tuesday means the typical residential customer using an average of 5,000 cubic feet of natural gas per month will have an increase of $1.99 per month in the base portion of the bill.

The monthly customer charge will increase to $16. Currently, the monthly customer charge is $12.50 plus a $2.61 monthly surcharge. The surcharge resets to zero with the rate increase. The gas delivery charge also will increase, from $1.10 per 1,000 cubic feet to $1.32.

The order applies only to Atmos Energy's base rate, which covers the utility's cost of operating and maintaining its system, as well as any profit margin. The commodity cost of the gas itself, which is adjusted quarterly to reflect market prices, is determined separately and is passed through to consumers on a dollar-for-dollar basis by Atmos Energy, with no additional profit for the utility.

Atmos Energy originally sought to increase its annual revenue from gas operations by $13.367 million (8.6 percent). The company proposed to increase the monthly customer charge to $16 from the current $15.11 - the $12.50 customer charge plus the $2.61 surcharge.

Atmos Energy proposed to increase the gas delivery charge to $1.63 per 1,000 cubic feet. The increase sought would have increased the typical residential bill by $3.54 per month, or $42.48 per year.

As permitted by Kentucky law, Atmos Energy put its proposed rates into effect Jan. 24. As a result of the PSC decision to set lower rates, the company will have to refund the amount it has over-collected since that date, plus interest, to its customers.

Atmos serves about 173,000 customers in 38 counties in western and central Kentucky. 

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 8443807b0d2041d9abaa9525e7d7e148
Top Classifieds
  • HAVANESE PUPS AKC Home Raised, Best H ... Details
  • Registered German ShortHair Pointer P ... Details
  • AKC Shih-Tzu Vet checked, $600 731-3 ... Details
  • Yorkie Pups Shots & Wormed Males ... Details
  • PILLOW TOPmattress sets NEW in pl ... Details
  • Dining Room Suite Duncan Phyfe 270-33 ... Details
  • Downsizing Due To HealthAntique furni ... Details
  • 2BR 1BA 1 1/2 Acres Graves Co. 2357 S ... Details
  • SEEING is believing! Don't b ... Details
  • '01 Daewoo Leganza 58Kmi, $9 ... Details

Most Popular
  1. Parasitic ambushers
  2. Public should be educated on teachings of Sharia Law
  3. Convention missteps renew Trump concerns
  1. Former Racer Canaan excited to play for Bulls
  2. Two men arrested in sting targeting child predators
  3. Free medical clinics serve region at three locations
  1. Parasitic ambushers
  2. Public should be educated on teachings of Sharia Law
  3. Convention missteps renew Trump concerns
Discussion

Check out these recently discussed stories and voice your opinion...