Oklahoma Natural Gas customers to see higher monthly charges

A settlement recommended by an administrative law judge now goes to the full Oklahoma Corporation Commission for approval. The higher monthly charges will be offset by lower fuel costs on customer's bills because of lower natural gas prices.
by Paul Monies Modified: June 28, 2012 at 8:22 pm •  Published: June 28, 2012
Advertisement
;

Most Oklahoma Natural Gas customers will pay more for monthly charges under a $9.5 million settlement recommended Thursday by an Oklahoma Corporation Commission administrative law judge.

The settlement now goes to the three-person regulatory panel for their final approval.

Residential ONG customers will see their monthly charges rise by 96 cents, or almost $12 per year. But separate reductions in the fuel-cost portion of customer bills from lower natural gas prices mean most customer bills will go down. Fuel costs are passed directly through to customers and vary based on the price of the commodity.

The base-rate increase will not affect low-income residential customers, whose monthly charges will stay the same under the settlement.

ONG in March asked for a $16.2 millionincrease in rates to help pay for $93 millionin infrastructure improvements for pipeline safety and reliability. The company worked out a settlement for $9.5 million with commission staff, the attorney general's office and a group representing industrial consumers.

Under the settlement, small commercial and industrial customers will see monthly charges increase by 16 cents.Large commercial and industrial customers will see a decrease of 85 centsper month.

by Paul Monies
Energy Reporter
Paul Monies is an energy reporter for The Oklahoman. He has worked at newspapers in Texas and Missouri and most recently was a data journalist for USA Today in the Washington D.C. area. Monies also spent nine years as a business reporter and...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Texas OT Kennedy Estelle dismissed from team after 'violation of team rules'
  2. 2
    Tennessee RB Treyvon Paulk kicked off team following alleged assault of ex-girlfriend
  3. 3
    Anchor Explains Her Dramatic Exit
  4. 4
    WATCH: Beer Commercial With Adorable Man, Even More Adorable Dog Has Surprise Twist At End
  5. 5
    Florida Woman Has Surgery To Add Third Breast To Her Chest
+ show more