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Article: Hearing set for public to comment on gas company's new rate plan bizworld.(Business)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- July 17, 2008
CopyrightCOPYRIGHT 2008 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. 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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The State Corporation Commission has scheduled a hearing for 10 a.m. Oct. 14 in Richmond to take public comments on Virginia Natural Gas' plan to add a new rate to customer bills to cover the cost of several conservation programs.
The company, based in Norfolk, has proposed to spend $7.5 million on the fuel-cutting measures, which it projects will save customers $39.5 million over 10 years. The additional monthly rate, which would amount to about 80 cents for most residential customers, would help recoup the revenue the company would lose if customers use less natural gas. Consumers must submit written comments by Oct. 7. For more information, call (800) 552-7945 ...