Parsons Advocate
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login
Subscribe For $2.50/Month
No Result
View All Result
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login
No Result
View All Result
Parsons Advocate
No Result
View All Result
  • National News
  • WV News
  • VA News
Home News Top Stories Featured

PSC Issues Interim Rates for Mountaineer and Hope Gas

December 6, 2022
in Featured, Headlines, Local Stories, Top Stories
Reading Time: 2 mins read
Share on FacebookShare on Twitter

CHARLESTON, WV – The Public Service Commission today granted much lower interim purchased gas cost (PGC) rates for Mountaineer Gas Company and Hope Gas dba Dominion Energy West Virginia than the companies had requested. 

 

Mountaineer Gas had originally requested a PCG of $9.85 per Mcf for residential customers.  Under the requested rate, the average residential customer using 13 Mcf per month would have received a $197.93 winter monthly bill, an overall increase of 38%, as opposed to the current $143.59 monthly bill that customer is now getting.  The Commission granted a PGC of $6.547 per Mcf which will result in an average monthly residential bill of $165.59, an overall increase of 15%. 

 

Hope Gas had originally requested a PCG of $9.87 per Mcf for residential customers.  Under the requested rate, the average residential customer using 13 Mcf per month would have received a $219.50 winter monthly bill, an overall increase of 62%, as opposed to the current $135.51 monthly bill that customer is now getting.  The Commission granted a PGC of $5.856 per Mcf which will result in an average monthly residential bill of $173.89, an overall increase of 28%. 

 

The rates ordered today are interim rates.  The Commission will continue to review the price of natural gas and the impact of these interim rates and make further adjustments, if necessary, before setting final rates.  These rates will be subject to a true-up in future 30C cases.  Natural gas utilities are required to file PGC cases annually to reflect changes in the purchased gas component of their rates.  The prices that natural gas utilities pay their suppliers for gas are not regulated by the Commission or the federal government, but are determined by the market.  The Commission does examine the gas purchasing practices of gas utilities, reviews the reasonableness of requested increases and ensures the utility did everything possible to obtain a reliable gas supply at the lowest possible market price.  The PGC does not include any profit for the company.

 

Mountaineer and Hope/Dominion are the two largest natural gas utility companies in West Virginia, collectively serving almost 89% of all natural gas utility customers in the state.  Additional information, including documents filed in these cases and the rate schedules for all classes of customers may be found on the Commission’s website: www.psc.state.wv.us by referencing Case Nos. 22-0702-G-30C (Mountaineer) and 22-0715-G-30C (Hope/Dominion)

 

Previous Post

Applications open for Shepherd University’s July 2023 Appalachian teacher institute

Next Post

FCC Launches New National Broadband Map; West Virginia Prepares to Challenge by January 13, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Join Our Newsletter

  • Login
  • My Account
  • Subscribe to Parsons Advocate
  • Legals
  • Contact Us
  • My Account

© 2021 Mountain Media, LLC

  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login

© 2021 Mountain Media, LLC

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Forgot your password?

Lost your password? Please enter your email address. You will receive mail with link to set new password.

Back to login