Chattanooga Gas Company is engaged in the business of transporting, distributing and selling natural gas in portions of Hamilton and Bradley counties.
On January 26, 2004, the company requested a rate increase of 15%. The company filed a petition with the Tennessee Regulatory Authority (TRA) to increase the rates it charges its 60,000 customers in the Chattanooga area. The Consumer Advocate intervened and opposed the rate hike. The TRA ruled in the Consumer Advocate’s favor, allowing a $642,000 rate increase rather than the requested $4.5 million. In addition, the TRA rejected the company’s proposal to move costs associated with needed pipeline replacement along to taxpayers as opposed by the CAPD.
The TRA also rejected the company’s attempt to keep $537,000 in cost savings resulting from acquisitions by the parent company Atlanta Gas Light (AGL). The CAPD successfully argued that CGC and not the parent company AGL should get its share of the cost savings from mergers and acquisitions, and therefore saving CGC customers money by reducing CGC’s cost.
This list includes only significant filings and is not intended to be a complete record of the matter.