Saturday, March 20, 2010
W. Va. PSC Approves Rate Increase
WEST VIRGINIA....
The West Virginia Public Service Commission has approved a rate increase for more than 220,000 customers of Mountaineer Gas Company. The company sought a 6.6% rate increase, but, on Friday, the PSC approved a 4% increase effective March 29th followed on November 1st by another .07% increase However, because of a commission-ordered reduction in the company's costs for purchasing natural gas, residents should see their monthly bills actually go down an average of $44.
The West Virginia Public Service Commission has approved a rate increase for more than 220,000 customers of Mountaineer Gas Company. The company sought a 6.6% rate increase, but, on Friday, the PSC approved a 4% increase effective March 29th followed on November 1st by another .07% increase However, because of a commission-ordered reduction in the company's costs for purchasing natural gas, residents should see their monthly bills actually go down an average of $44.