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Article: Chattanooga Gas seeks rate increase.
- Article from:
- Chattanooga Times/Free Press (Chattanooga, TN)
- Article date:
- July 1, 2006
CopyrightCOPYRIGHT 2006 Chattanooga Times/Free Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Dave Flessner
Jul. 1--The average Chattanooga homeowner who uses natural gas will pay $6.36 more a month if state regulators approve a rate increase requested Friday. Chattanooga Gas Co. is seeking $5.8 million a year more to cover its increased distribution costs since its last rate increase in 2004. The proposal would boost residential gas prices about 7.59 percent, according to company spokeswoman Robin Keegan.
Any rate increase must be approved by the Tennessee Regulatory Authority, which has historically limited most of the rate increases sought by the gas utility. In 2004, TRA directors approved only 2 percent of a requested 15.3 ...