Most customers of Oklahoma Natural Gas would pay more on their gas bills under a proposed rate case settlement at the Oklahoma Corporation Commission.
Residential customers would pay an extra $1.52 on the service charge portion of their monthly bills, slightly lower than what ONG requested when it filed for the rate increase in March. The utility wanted a $1.84 monthly increase for residential customers.
ONG requested a total rate increase of $16 million to offset higher business costs and infrastructure investments the utility said it made since 2012. The proposed settlement would grant them an increase of $13.7 million.
Low-income residential customers would not see any changes in their monthly service charge under the proposed settlement.
For small commercial and industrial customers, the monthly service charge would increase by 39 cents under the proposed settlement. Large commercial and industrial customers would see a decrease of 35 cents each month.
Most customer bills include the monthly service charge, a delivery charge and the cost of natural gas. Utilities aren’t allowed to make a profit on the cost of natural gas, which is based on market prices and passed through to customers.
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