Rate increase approved for Missouri Gas Energy - KMOV.com

Rate increase approved for Missouri Gas Energy

JEFFERSON CITY, Mo. (AP) -- Missouri utility regulators have approved a $16.2 million rate increase for natural gas customers of Missouri Gas Energy, effective in mid-March.

Residential customers are expected to see their natural gas bills rise by $2.26 a month under the increase approved Thursday by the Missouri Public Service Commission.

Missouri Gas Energy serves about a half-million natural gas customers in western Missouri.

As part of the rate approval, Missouri Gas Energy must spend at least $1.5 million a year on new energy efficiency programs.

Public Service Commission Chairman Robert Clayton says rate increases are never welcome but that the additional revenue will ensure reliable gas service. He said customers also will benefit from the new energy efficiency efforts.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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