Press Release

FOR IMMEDIATE RELEASE -- February 16, 2023
Kevin Kelly (573) 751-9300

Natural Gas Rate Decrease for
Kirksville District Customers of Liberty Utilities

JEFFERSON CITY---To reflect estimated changes in the wholesale cost of natural gas, Kirksville District customers of Liberty Utilities (Midstates Natural Gas) Corp. d/b/a Liberty Utilities will see the Purchased Gas Adjustment (PGA) rate drop under a filing that takes effect on February 23, 2023.

Kirksville District: Residential customers currently pay a PGA rate of approximately $1.10 per Ccf (per hundred cubic feet) of natural gas. Under this filing, the PGA rate will drop to approximately $0.74 per Ccf.

Liberty Utilities states in its filing that, compared to existing rates, and assuming normal usage, the PGA rate change will decrease the average monthly bill of the typical Kirksville residential customer by $19.44. The bill impact, Liberty Utilities states, may be less or more depending on the customer’s actual usage, which is primarily affected by weather.

The cost of natural gas from wholesale suppliers generally makes up approximately 50% to 55% of a customer’s total monthly natural gas bill. 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.

Liberty Utilities serves Kirksville District customers in the Missouri counties of Macon, Adair and Schuyler.
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