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TPUC Rules on Chattanooga Gas Co. Rate Increase Request

Wednesday, October 17, 2018 | 09:40am

COMMISSION RULING:  REGARDING CHATTANOOGA GAS COMPANY’S REQUESTED RATE INCREASE  

Nashville, Tennessee – On February 15, 2018, Chattanooga Gas Company filed a petition with the Tennessee Public Utility Commission requesting to increase service rates by $6.1 million annually.  The Company proposed a 27.75% increase to rates for residential and small commercial customers.  The Company last increased service rates in 2010.

The Commission held a public hearing from August 20 to August 22 in Nashville to consider the Company’s rate
request.  The Consumer Protection and Advocate Division of the Attorney General’s Office and the Chattanooga Regional
Manufacturers Association were both granted interventions and participated in the hearing.

After considering all evidence and positions presented by the participants to the hearing, the Commission made
its decision at a publicly held conference on October 15, 2018.  The Commission determined that additional
annual revenue of $1.4 million, which equates to an overall 4.36% increase, is sufficient for Chattanooga Gas Company to continue provisioning safe and reliable service while also providing the Company’s shareholders with a fair
return on their investment.  The Commission’s decision authorizes the Company to increase residential service
rates by $1.00 per month.

The mission of the Tennessee Public Utility Commission is to ensure the safe and reliable provision of the public utility services to the citizens of Tennessee.  TPUC strives to serve the best interests of the public in its utility oversight and agency operations.

Contact: Greg Mitchell, Media
(615) 741-6883