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Friday, March 30, 2012

Atmos customers to see rate drop

To reflect estimated changes in the wholesale cost of natural gas, Atmos Energy Corporation (Atmos) customers will see natural gas rates drop under a filing that takes effect on April 1, 2012.
West District (Butler, Rich Hill/Hume): Residential customers currently pay approximately $0.54 per Ccf of natural gas. Under this filing, the rate will drop to approximately $0.42 per Ccf, a decrease of approximately $0.12 per Ccf. Atmos serves West District customers in the Missouri counties of Bates, Cass, Henry and St. Clair.

Approximately 65% to 75% of a customer's natural gas bill reflects the cost of natural gas from wholesale suppliers. The wholesale cost of natural gas (the cost your local natural gas company must pay to its suppliers for natural gas) is not regulated by the Missouri Public Service Commission. The wellhead cost of natural gas is unregulated and is primarily driven by supply, demand and the weather. The Missouri Public Service Commission does conduct an annual regulatory review to ensure that regulated natural gas companies make prudent decisions in securing natural gas supplies for their customers.
Atmos serves approximately 56,300 natural gas customers in Missouri.

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