Chattanooga Gas Co. today filed for a $2.6 million rate hike due to higher operating and financing costs and lower operating revenues.
The typical residential customer's bill would rise by an average of $2.84 per month if the increase is approved by the Tennessee Regulatory Authority, the company said.
However, the company said in its first rate case petition in three years that the hike could be more than offset by energy saving measures in a proposed energy efficiency effort.
The program would include free programmable thermostats, rebate programs to encourage customers to purchase high-efficiency appliances and equipment, and weatherization assistance for low-income customers.
For more details, see tomorrow’s Chattanooga Times Free Press.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...
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