Gas Transport Available for Low-income Customers

Fortnightly Magazine - November 15 1996
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A settlement agreement approved by the New York Public Service Commission (PSC) for National Fuel Gas Distribution Corp. "would attempt to institute" a gas transportation program on behalf of low-income residential gas users.

The agreement also allows the utility to increase its rates by 2.2 percent in equal increments over a two-year period and provides for an equal sharing between the company and its ratepayers of earnings in excess of a 12-percent return on common equity.

Under the low-income proposal, the state Department of Social Services (DSS) would purchase gas on a commodity basis from a vendor of its choice. The vendor could then use National Fuel transportation service at the favorable rate available to a transportation customer with a 100-percent load factor. The

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