KANSAS CITY, Mo., Nov. 9, 2016 /PRNewswire/ -- Wholesale
natural gas prices have increased during the past year and this
will necessitate a natural gas price adjustment for Missouri Gas
Energy (MGE) customers. Approved by the Missouri Public Service
Commission today, MGE customers would pay an average of
$0.49 per Ccf* for the cost of gas.
The change reflects an increase in the prices charged by MGE's
wholesale natural gas and pipeline transportation suppliers during
the past year. Compared to last winter's rates, this would mean an
increase of about $2.24 per month, or
3.7 percent of the overall bill for a typical residential customer.
Weather and other factors that affect customer usage may also
impact the customer's bill.
"Natural gas remains the most cost-effective heating source for
homes. We work hard to manage all of our natural gas supply
resources in the most efficient manner possible and pass savings
directly on to customers. In fact, this time last year, we were
able to lower the rate for customers because we were paying lower
prices," said Steve Lindsey,
president of MGE.
For customers looking to pay the same amount on their gas bill
each month, MGE offers budget billing to all customers. The free
service provides customers with consistent bill amounts throughout
the year. Customers can enroll today and the payment plan will
start on their next billing cycle. To sign up, call 816-756-5252 or
toll-free 800-582-1234.
This rate appears on bills as "Cost of Gas" and accounts for
more than half of a typical residential customer bill. The
remaining portion includes pipeline maintenance and upgrade costs,
as well as state and local taxes that MGE incurs to deliver that
gas safely and reliably to homes and businesses.
*Ccf is the volume of 100 cubic feet of natural gas.
ABOUT MISSOURI GAS
ENERGY
Missouri Gas Energy has provided natural gas service
to the residents of the Kansas
City metropolitan area and western Missouri for nearly 150 years. Now owned by
Laclede Gas Company, a subsidiary of Spire (NYSE:SR), we are part
of the largest gas distribution company in Missouri, delivering natural gas to more than
1.1 million customers. Missouri Gas Energy serves residential,
commercial and industrial customers in 30 counties. For more
information, please visit www.MissouriGasEnergy.com.
Media Contact: Jenny Gobble
855-852-1500 toll-free
Jenny.Gobble@SpireEnergy.com
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SOURCE Missouri Gas Energy