Wednesday, August 12, 2015

Gas utilities in W.Va. seek approval to cut fuel cost rates

(AP) — Natural gas utilities are seeking state approval to reduce what they charge customers to recover their fuel costs.

Mountaineer Gas, Bluefield Gas, Dominion Hope Gas and Peoples Gas each have filed requests with the West Virginia Public Service Commission to reduce the purchased gas portion of their rates.

Together, the PSC says the utilities serve more than 99 percent of natural gas customers in West Virginia.

The PSC said Wednesday that Mountaineer Gas has requested a rate cut of nearly 20 percent. Dominion Hope Gas proposes cutting its purchased gas rate by 41.5 percent.
Bluefield Gas has requested a 33.8 percent rate reduction, while Peoples Gas proposes a 41 percent cut.

Utilities' purchased gas rates are adjusted annually.