FOR IMMEDIATE RELEASE -- April 03, 2014
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement in Laclede Gas Infrastructure Surcharge Case
JEFFERSON CITY---The Missouri Public Service Commission has approved a unanimous agreement filed by Laclede Gas Company-Laclede Division, the PSC Staff and the Office of the Public Counsel which authorizes a change in Laclede’s current infrastructure system replacement surcharge (ISRS). The ISRS first appeared on customer bills in June 2004.
The ISRS adjustment reflects infrastructure replacement investments made by the natural gas company since February 2013. These costs for natural gas pipeline replacements and relocations are not currently included in Laclede’s rates.
The current ISRS for residential customers of Laclede is $0.00 a month. The current ISRS was set to zero when the PSC decided Laclede’s last general rate case in June 2013. As a result of this case, the ISRS will be adjusted and residential customers will pay $0.86 a month effective April 12, 2014.
Laclede Gas Company-Laclede Division provides natural gas service to approximately 638,000 customers in the City of St. Louis as well as the Missouri counties of St. Louis, St. Charles, Butler, Iron, Franklin, Jefferson, Madison, Crawford, St. Francois and Ste. Genevieve.