Refunds on Interim Rates

The Company began collecting annual interim rates of $47.8 million, or 5.4 percent on October 1, 2017.  The MPUC approved a settlement in the rate case that authorized an annual revenue increase of approximately $3.9 million, or 0.5 percent. The settlement agreement also makes decoupling a permanent part of the tariff, incorporates the impact of the changes to federal income taxes, and establishes tracker recovery mechanisms for certain expenses.

Since the final rate increase of $3.9 million is less than the interim rate increase, the Company refunds the difference, with interest, as well as other adjustments beginning in November 2018 bills. A typical residential customer’s refund is approximately $38.  

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Your Gas Dollar

Gas dollar bill

Customers' bills contain three basic parts: Basic Charge, Delivery Charge and Cost of Gas. The basic charges and Delivery Charges recover only the cost of providing utility distribution service to our customers. The rate case request does not apply to the cost of natural gas, which is the wholesale price the company pays for natural gas and makes up about 50-60 percent of the bill depending upon usage. The wholesale price of natural gas changes monthly depending on prices and is passed on directly to customers with no mark up. ​​ ​