RICHMOND — The State Corporation Commission (SCC) has accepted the terms of a stipulation that means customers of Roanoke Gas will pay less for natural gas delivery service than the company originally requested. Customers whose monthly bills were higher under interim rates in effect since November 1, 2010 will be due a refund with interest.
Roanoke Gas originally requested an increase in annual operating revenue of approximately $1.4 million. Upon review, the company and Commission staff settled a number of accounting adjustments. The Commission accepted the stipulation that provides the company approximately $814,000 in additional annual revenue.
For the average residential customer using 10 decatherms of gas in a single month, instead of paying $83.87 under the interim rate, the new rate will be approximately one percent less, or $83.05.
The rate prior to the interim rate increase was $81.99.
Roanoke Gas serves more than 59,000 customers in Roanoke and its surrounding counties.
Case number PUE-2010-00077