Printer Friendly

CONSUMER ADVOCATE FILES COMPLAINT AGAINST EQUITABLE RATE CHANGE

CONSUMER ADVOCATE FILES COMPLAINT AGAINST EQUITABLE RATE CHANGE
 HARRISBURG, Pa., Jan. 8 /PRNewswire/ -- Consumer Advocate Irwin Popowsky announced today that he has filed a formal complaint against the proposed rate increase of Equitable Gas Company, a division of Equitable Resources,Inc. (Equitable), (NYSE: EQT).
 The consumer advocate's complaint alleges that the company's proposed rate increase is or may be unjust, unreasonable, and in violation of the Public Utility Code. On Dec. 28, 1991, the company had requested the Public Utility Commission (PUC) to allow it to increase its rates by nearly $21 million or approximately 6.9 percent.
 Popowsky stated: "Equitable's gas rates are already among the highest in Pennsylvania and the nation. We intend to urge the PUC to reject any additional rate increases that are not fully justified by the company."
 According to Popowsky, "Our formal complaint asks the Public Utility Commission to prevent the proposed increases from going into effect on March 1, 1992, as proposed by Equitable. Rather, we have asked the PUC to suspend the request for an additional seven months so that a full investigation, including hearings, can take place." Popowsky also stated that his office would investigate Equitable's claims over the next several months.
 The proposed increase, if approved, would increase the annual bill of the typical residential customer by approximately 7.7 percent, from $973.80 to $1,050.00 per year. Equitable is also proposing to increase the rates for small commercial customers by approximately 6.8 percent, small industrial customers by 7.1 percent, and large general service customers by 5.7 percent. In addition, Equitable is proposing a merger with the Jefferson Gas Company (Jefferson) Division. The Jefferson Division is located in Greene County. The rates of a typical residential customer of the Jefferson Gas Company, who uses 10 Mcf of gas per month would increase approximately 12 percent, from $876.50 per year to $978.00 per year, under Equitable's proposal.
 Equitable is a wholly owned division of Equitable Resources, Inc. Equitable currently provides service to approximately 246,000 customers located in parts of Allegheny, Armstrong, Butler, Greene, Indiana, Washington and Westmoreland counties.
 The Office of Consumer Advocate (OCA) is authorized by state law to represent the interests of utility consumers in proceedings before the PUC.
 -0- 1/8/92
 /CONTACT: Susan Henry of Pennsylvania Office of Consumer Advocate, 717-783-5048/
 (EQT) CO: Pennsylvania Office of Consumer Advocate; Equitable Resources,
 Inc.; Equitable Gas Company ST: Pennsylvania IN: UTI SU:


DM -- PG004 -- 7682 01/08/92 10:26 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:Jan 8, 1992
Words:419
Previous Article:KEMPER FINANCIAL SERVICES ANNOUNCES MAJOR EFFORT TO FURTHER ENHANCE INTERNATIONAL INVESTMENT CAPABILITIES
Next Article:DIGITAL AUDIO DISC TO MANUFACTURE MINI DISC PRERECORDED SOFTWARE
Topics:


Related Articles
EQUITABLE GAS TO FILE FOR RATE DECREASE
EQUITABLE GAS RATES TO DECREASE
OFFICE OF CONSUMER ADVOCATE FILES COMPLAINT
EQUITABLE TO REQUEST PURCHASED GAS COST INCREASE
PENNSYLVANIA OFFICE OF CONSUMER ADVOCATE ANNOUNCES COMPLAINT
PENNSYLVANIA CONSUMER ADVOCATE FILES COMPLAINT AGAINST GAS COMPANY'S PROPOSED RATE HIKE
Equitable Gas Announces Rate Filings With Plans To Reduce Overall Rates And Promote Competition
Berman, DeValerio & Pease LLP: Class Action Lawsuit Filed Against Equitable
Gas marketer's offer raises eyebrows in Illinois.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters