October 16, 2008
Dominion East Ohio Files Tarrif Adjustments to PUCO Rate Case Decision
CLEVELAND, Oct. 16 /PRNewswire/ -- Dominion East Ohio today filed for a tariff adjustment to implement a new "levelized" rate structure, in accordance with an order issued by the Public Utilities Commission of Ohio. The company filed for a reduction in its volumetric charge from $1.2355 to $0.628 per thousand cubic feet (MCF).
In yesterday's ruling, the PUCO also decided to increase Dominion East Ohio's monthly service charge from the current $5.70 to $12.50. In 2009, the monthly service charge would increase to $15.40 while the volumetric rate would fall to $0.358 per MCF.
Typical residential monthly bills would increase less than $3, or 2.5 percent, effective October 16, 2008.
Other terms of the base rate case were the result of a settlement Dominion East Ohio reached with the PUCO Staff, Ohio Consumers' Counsel and other consumer advocates. The settlement came after extensive PUCO staff review, public hearings and testimony.
Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 27,000 megawatts of generation, 1.1 trillion cubic feet equivalent of proved natural gas reserves, 14,000 miles of natural gas transmission, gathering and storage pipeline and 6,000 miles of electric transmission lines. Dominion operates the nation's largest natural gas storage facility with 975 billion cubic feet of storage capacity and serves retail energy customers in 12 states. For more information about Dominion, visit the company's Web site at http://www.dom.com/ .
Dominion East Ohio
CONTACT: Neil Durbin, +1-216-736-6239, or Jeff Zidonis, +1-216-736-6228,or Tracy Oliver, +1-216-736-6229, or In Lima: Peggy Ehora, +1-419-226-4866,all of Dominion East Ohio
Web site: http://www.dom.com/