Alabama Gas http://apr.org en Alabama Gas Rates To Dip October 1 http://apr.org/post/alabama-gas-rates-dip-october-1 <p></p><p>Customers of Alabama's largest natural gas distributor are going to see a reduction in their rates starting in the fall.</p><p>The Alabama Public Service Commission voted unanimously Tuesday for Alabama Gas to refund $16.5 million to its customers through lower rates between Oct. 1 and March 31. PSC members timed the lower rates to coincide with winter heating bills.</p> Tue, 10 Jun 2014 21:01:09 +0000 The Associated Press 53633 at http://apr.org Alabama Gas Rates To Dip October 1 Utility Board OKs New Rate Plan For Alabama Gas http://apr.org/post/utility-board-oks-new-rate-plan-alabama-gas <p>The state's utility regulatory board has approved a new rate plan for Alabama Gas Co. that is forecast to save customers money.</p><p>The Public Service Commission had been allowing Alabama Gas a return on equity of 13.15 percent to 13.65 percent.</p><p>The commission voted unanimously Tuesday to set a lower range of 10.5 percent to 10.95 percent. The change is due to take effect with the new year.</p><p>PSC President Twinkle Andress Cavanaugh said the typical customer should save $33 annually.</p><p>The rate plan is similar to one the PSC approved earlier for Mobile Gas Co.</p> Tue, 05 Nov 2013 22:17:55 +0000 The Associated Press 41044 at http://apr.org Utility Board OKs New Rate Plan For Alabama Gas PSC Sets Meetings on Alabama Gas Rates http://apr.org/post/psc-sets-meetings-alabama-gas-rates <p>The state's utility regulatory board has scheduled three public meetings to discuss the rates of Alabama Gas.<br>&nbsp;&nbsp; The Public Service Commission says the first meeting will be at 8:30 a.m. Sept. 5 at the PSC hearing room in Montgomery. Meetings are also planned for Sept. 25 and Oct. 9.<br><br>&nbsp;&nbsp; The PSC previously held hearings on rates for Mobile Gas and Alabama Power Co. Those meetings resulted in changes to the companies' rate structures. PSC members say consumers should see savings with their bills starting January.</p> Tue, 27 Aug 2013 12:32:13 +0000 The Associated Press 36758 at http://apr.org PSC Sets Meetings on Alabama Gas Rates Ala. PSC Rejects Call For Formal Review Of Rates http://apr.org/post/ala-psc-rejects-call-formal-review-rates <P>The Alabama Public Service Commission has blocked Commissioner Terry Dunn's request for a formal review of the rate structures for Alabama's three largest investor-owned utilities.</P> <P>Dunn made a motion Thursday for formal reviews of Alabama Power, Alabama Gas and Mobile Gas, but commissioners Twinkle Cavanaugh and Jeremy Oden said an informal process is the best way to proceed. That will begin later this month with Mobile Gas.</P> <P>A formal review is a judicial-like proceeding involving experts and attorneys. Thu, 10 Jan 2013 22:27:27 +0000 The Associated Press 23061 at http://apr.org Ala. PSC Rejects Call For Formal Review Of Rates Dunn Says Hedging Cost Alabama Gas Customers $245 M http://apr.org/post/dunn-says-hedging-cost-alabama-gas-customers-245-m A member of the Public Service Commission says hedging agreements on natural gas prices have added nearly $245 million to the bills of Alabama Gas Corp. customers since the state's largest natural gas distributor started the practice in 2003. PSC member Terry Dunn said Alabama Gas is one of many utilities that used the risk-management strategy and saw it "go very badly in recent years." He said it points to the need for the PSC to re-examine its rules on hedging agreements. Alabama Gas spokeswoman Sherri Goodman said the PSC changed its rules in 2000 to allow hedging. Wed, 03 Oct 2012 00:38:06 +0000 The Associated Press 18729 at http://apr.org Dunn Says Hedging Cost Alabama Gas Customers $245 M