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ROCHESTER GAS & ELECTRIC SEEKS AVERAGE 3.3 PERCENT INCREASE

 ROCHESTER GAS & ELECTRIC SEEKS AVERAGE 3.3 PERCENT INCREASE
 ROCHESTER, N.Y., July 31 /PRNewswire/ -- Rochester Gas and Electric Corp. (NYSE: RGS) today submitted to the Public Service Commission a request to increase electric and natural gas rates an average of 3.3 percent for 1993-94.
 The company is seeking an increase in annual electric revenues of $22.3 million, and an increase in annual gas revenues of slightly more than $8 million.
 The rate increases, if approved, would take effect on July 1, 1993. Average electric rates would increase 3.2 percent, and average natural gas rates would increase 3.5 percent.
 The figures cited are averages of RG&E's four categories of customers -- residential, commercial, industrial and municipal. Actual rate increases usually vary from category to category.
 RG&E is seeking to increase residential electric rates four percent, and residential gas rates 5.8 percent. The net effect for the average gas and electric customer would be an increase of five percent.
 For commercial customers, the company is requesting a 2.8 percent electric rate increase and a reduction of 3.4 percent in natural gas rates. For industrial customers, the rate case asks for a 3.1 percent electric rate increase and a 5.7 percent reduction in gas rates.
 The gas rate reductions are a move to more closely align rates with the cost of providing service.
 "This request for electric revenues brings us closer to our goal of ending the pattern of requesting annual rate increases," said RG&E chairman, president and chief executive officer Roger W. Kober. "Progress is positive, but we will not be satisfied until we reach our objective," he added.
 Kober said the modest 1993-94 request was made possible by some small growth in revenues and several steps RG&E has taken to reduce costs. Among them are reducing the company workforce by attrition, reducing the number of outside contractors, and closely evaluating capital expenditures.
 For residential customers in 1993-94, the average monthly electric bill for 500 kilowatt-hours of electricity would increase $2.24, if the rate request is approved. The average residential natural gas bill for 120 therms of gas would increase $4.09.
 For July of this year, RG&E had the second lowest residential electric rates of the seven taxpaying electric utilities in New York State, and the fourth lowest natural gas rates of the 10 taxpaying gas utilities.
 -0- 7/31/92
 /CONTACT: Mike Power of Rochester Gas & Electric, 716-724-8828/
 (RGS) CO: Rochester Gas & Electric ST: New York IN: UTI SU:


KK -- CL007 -- 5490 07/31/92 10:09 EDT
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Publication:PR Newswire
Date:Jul 31, 1992
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