Oklahoma Natural Gas asks for rate increase
Customers of Oklahoma Natural Gas will pay slightly more for gas service under a proposed settlement that comes before a Corporation Commission administrative law judge Thursday.
ONG asked for a rate increase of $16.2 million earlier this year. An agreement worked out with commission staff, the attorney general's office and a group of industrial consumers came up with an increase of $9.5 million.
But the gas utility said customers should actually see a decrease in their bills when separate adjustments for fuel costs are taken into account. Several riders, which are separate agreements for changes outside the normal course of business, also will expire and help to lower bills.
Under the proposed settlement, ONG's residential customers will see monthly service charges increase by 96 cents, or almost $12 a year, said Cherokee Ballard, ONG spokeswoman. But combined with the fuel adjustments and elimination of riders, customers should see monthly bills fall by an average of $8.75, depending on usage.
“Basically, this increase requested is to recover our increased business costs and natural gas infrastructure investments that we've made since 2008,” Ballard said. “This is providing us the opportunity to keep our system safe, improve the system and keep providing safe, reliable natural gas to all of our customers.”
Business Photo Galleriesview all
- 21543Oklahoma tornadoes: The 'Big Dog,' the little boy and the hug that triumphs over tragedy
- 10852Oklahoma tornadoes: Woman meets the military officer who shared the clothes off his back
- 8707Oklahoma tornadoes: Thunder reverses the role, takes a turn at cheering on the community
- 8666Finding Addyson – One family's struggle in the Moore tornado
- 8648Hobby Lobby argues case before federal judges
- 7837Blake Shelton's "Healing the Heartland" televised tornado benefit set for Wednesday at Chesapeake Energy Arena
- 7718Story behind the photo: Family members describe desperate search for one another after EF5 twister