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Article: Columbia Gas plan drops customers' purchase rate. (Columbia Gas Transmission Corp. rates)
- Article from:
- The Oil Daily
- Article date:
- October 2, 1986
- Author:
CopyrightCOPYRIGHT 1986 Energy Intelligence 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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Columbia Gas Plan Drops Customers' Purchase Rate
Customers of Columbia Gas Transmission Corp. will pay less for natural gas but more for service under a new open access rate proposal filed with the Federal Energy Regulatory Commission.
Columbia, the first major interstate pipeline granted an open access certificate under FERC's Order 436, was committed to keeping its regular rates in place for two years under the terms of settlement reached before the order came into play.
The new rates, which will become effective next April 1 pending FERC's approval, are intented to enable the pipeline to defray the increased risks associated with open access ...