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Northern Utilities Cost Of Gas Report Indicates Rate Change Not Required
Northern Utilities files January cost of gas report. Of note, “The updated calculations indicate that a rate change is not required at this time.”
On January 18, 2024 Northern Utilities filed demand cost allocation overview and modified CGF model demand cost allocation overview and modified CGF model . Of note, “This Overview and modified CGF model is designed to show how allocated demand costs, used to determine Northern’s initially approved CGF rates, are connected to those in the monthly cost of gas reports.”
As background, Proceeding pertaining to Northern Utilities’ 2023 winter cost of gas filing.
Northern Utilities is proposing a CGF rate for the residential class of $0.7742 per therm. This proposed CGF rate represents a decrease of $0.3014 per therm from the average 2022-23 Winter CGF rate. According to the utility, the typical residential heating customer, using 563 therms in the 2023-24 winter period, will pay $988.92. This is a decrease of $72.59 or 6.8% from 2022-23.
2023-00212 (08/14/2023)
