Actionable news
All posts from Actionable news
Actionable news in OGS: ONE GAS Inc,

Kansas Gas Service Requests Recovery of Investments and Costs for Providing Service

OVERLAND PARK, Kan., May 2, 2016 /PRNewswire/ -- ONE Gas, Inc. OGS, +2.02% announced today that its Kansas Gas Service division filed a request with the Kansas Corporation Commission (KCC) for an increase in base rates, reflecting system investments and operating costs necessary to maintain the safety and reliability of its natural gas distribution system.

Kansas Gas Service is the state's largest natural gas utility, serving approximately 635,000 customers across two-thirds of the state of Kansas.

Kansas Gas Service's request, if approved, represents a net base rate increase of $28 million. Kansas Gas Service is already recovering $7.4 million from customers through the Gas System Reliability Surcharge (GSRS), resulting in a total base rate increase of $35.4 million. This request would increase the average residential customer's natural gas bill by $4.34 per month.

"Our number one priority is safety. In order to continue to provide a safe...