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LDCs: That Giant Sucking Sound

The consequences of short-sighted rate making.
Fortnightly Magazine - July 2005
  1. May 1998, p. 11, lines 17-19) .
  2. Texas Gas Service Company, a division of ONEOK, Inc., has a number of distinct services areas throughout Texas. The South Jefferson County Service Area is composed of the Cities of Port Arthur, Groves, Nederland, and Port Neches and surrounding unincorporated areas. Direct Testimony of F. Jay Cummings, Railroad Commission of Texas, GUD No. 9465, November 2003, p. 8, lines 7-9. The best-fit regression for the residential class produced an adjusted R2 of 0.95, with HDD and usage trend variables each significant at a 99 percent confidence level. The regression analyses for the commercial class produced negative, but not statistically meaningful, usage trends. This result is not surprising because there are only 1300 commercial customers in the service area, and all commercial customers, regardless of size, are included in this single class.