Unitil Massachusetts Files Gas Rate Decrease.HAMPTON, N.H. -- Today, Unitil Corporation's (AMEX AMEX See: American Stock Exchange :UTL UTL Utility UTL Universidade Técnica de Lisboa (Portugal) UTL University of Toronto Libraries (Canada) UTL Unable To Locate UTL Universal Task List UTL Upper Tolerance Limit UTL Unit Transmittal Letter ) Massachusetts subsidiary filed its semiannual Cost of Gas Adjustment with the Massachusetts Department of Telecommunications and Energy (MDTE MDTE Massachusetts Department of Telecommunications and Energy ) for summer period gas rates to take effect May 1, 2006. A typical residential heating customer using 41 therms per month in the summer will see a decrease of $10.69 or 13.6% from current rates. Bill impacts will vary depending upon rate class and usage. This rate change is primarily due to decreases in commodity costs of purchased gas. The Cost of Gas Adjustment (CGA (Color/Graphics Adapter) The first video display standard for the IBM PC. This low-resolution system was superseded by EGA and then VGA. CGA required a digital RGB Color Display monitor. See PC display modes. CGA - Color Graphics Adapter ) in the Commonwealth of Massachusetts is normally set every six months to reflect changes in wholesale gas supply costs incurred by the local distribution company to provide gas service to its customers. The CGA is initially based on estimates, and then reconciled to actual costs at the end of the period, with interest on over-or under-collections. Gas supply costs are recovered through the CGA without profit or mark up by the local distribution company. Unitil Corporation (AMEX:UTL) (www.unitil.com) is a public utility holding company with subsidiaries providing electric service in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , electric and gas service in Massachusetts and energy services throughout the Northeast. |
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