Atmos Energy Annual Rate Increase Approved

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By Associated Press | 

FRANKFORT, Ky. (AP) -- Atmos Energy Corp. customers will see their bills rise after the company won approval for an $8.5 million annual revenue increase.

The amount is more than $4.8 million less than the utility sought.

The Kentucky Public Service Commission approval Tuesday means the typical residential customer using an average of 5,000 cubic feet of natural gas per month will have an increase of $1.99 per month in the base portion of the bill.

The monthly customer charge will increase to $16. Currently, the monthly customer charge is $12.50 plus a $2.61 monthly surcharge. The surcharge resets to zero with the rate increase. The gas delivery charge also will increase, from $1.10 per 1,000 cubic feet to $1.32.

Atmos serves about 173,000 customers in 38 counties in western and central Kentucky.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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