Daily Archives: Nov. 3, 2012

Gas rate settlement better than initial request

Though natural-gas bills still would go up – an average of about $2 a month – at least they won’t increase as much as Kansas Gas Service wanted. KGS had requested a rate increase of $32 million a year, which included $8 million to pay for bonuses to utility executives. The new agreement reached by KGS, staff of the Kansas Corporation Commission and a consumer watchdog agency would reduce the rate increase to $10 million a year. The three-member commission has yet to approve the settlement.