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If approved, it would be the third consecutive rate decrease going into a heating season. The portion of Laclede's rates related to the recovery of the costs it incurs for the delivery of gas to customers through its distribution system was not impacted by the filing. As a result of the decrease, the amount paid by a typical residential customer during the 2009-10 heating season will be down roughly $118, or $24 per month, from the amount the customer would have paid based on winter 2008 rates. Compared to when rates peaked during the 2005-06 heating season, the amount paid by a typical residential customer will be down about $258, or nearly $52 per month, for the upcoming heating season. The company has said that the customers will pay an average price of $0.66 per therm for natural gas for the 2009-10 heating season, down from $0.83 per therm for the 2008-09 heating season and $1.05 per therm in the 2005-06 heating season. http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon For full details on Laclede Group Incorporated (LG) click here. Laclede Group Incorporated (LG) has Short Term PowerRatings of 4. Details on Laclede Group Incorporated (LG) Short Term PowerRatings is available at This Link.
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