Printer Friendly

UTILICORP'S MISSOURI PUBLIC SERVICE DIVISION FILES FOR GAS RATE INCREASE

 KANSAS CITY, Mo., Nov. 30 ~PRNewswire~ -- The Missouri Public Service division of UtiliCorp United (NYSE: UCU) has filed a request with Missouri regulators for an 11.5 percent gas rate increase that would result in a $3.8 million increase in annual revenues.
 The increase is needed primarily to offset the cost of ongoing system improvements, including an extensive program to replace steel and cast iron gas mains and service lines. Missouri Public Service has spent more than $16 million on the replacement program since it began in 1988. The division's replacement program was accelerated in 1989 when the Missouri Public Service Commission adopted new gas line safety requirements.
 In November 1990, Missouri Public Service received a gas rate increase of $4 million per year, or 14.1 percent. Since then, gas rates paid by customers have been reduced by between 4.3 percent and 6.2 percent due to renegotiated contracts with gas suppliers.
 Based in Kansas City, UtiliCorp provides gas and electric service to approximately 1 million customers in eight states and in British Columbia.
 -0- 11~30~92
 ~CONTACT: Phil Hermanson of UtiliCorp., 816-691-3541~


CO: UtiliCorp United ST: Missouri IN: UTL SU:

AL -- MN008 -- 1946 11~30~92 13:04 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 30, 1992
Words:204
Previous Article:NASA 2002 TECHNOLOGY SHOW PREMIERES VECTOR AVTECH WX3 250 MPH SUPERCAR TO TOP AEROSPACE INDUSTRY LEADERS
Next Article:MITCHELL ENERGY REPORTS 16 PERCENT THIRD-QUARTER EARNINGS GAIN
Topics:


Related Articles
UTILICORP DIVISION FILES FOR RATE INCREASE
UTILICORP'S PEOPLES NATURAL GAS DIVISION REQUESTS IOWA RATE INCREASE
UTILICORP PROJECTS LOWER FIRST QUARTER RESULTS
UTILICORP ANNOUNCES ANNUAL MEETING RESULTS, NW INTERNATIONAL VENTURES, FINANCIAL OUTLOOK, NEW AUDITORS
UTILICORP ANNOUNCES SECOND QUARTER RESULTS RATE INCREASE REQUEST AT MISSOURI PUBLIC SERVICE
UTILICORP ANNOUNCES THIRD QUARTER RESULTS
UTILICORP PROJECTS HIGHER FIRST QUARTER RESULTS
UTILICORP ANNOUNCES FIRST QUARTER RESULTS
UTILICORP PROJECTS HIGHER SECOND QUARTER RESULTS; AQUILA REBOUNDS, RATE INCREASES APPROVED
UTILICORP EXPECTS HIGHER FOURTH QUARTER AND ANNUAL RESULTS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters