About our rate case
On Thursday, May 16, 2024, Columbia Gas of Kentucky will file a request with the Kentucky Public Service Commission (PSC) seeking approval to adjust its base delivery rates to recover investments in overall system safety and maintenance in order to continue to provide safe and reliable natural gas service to more than 138,000 customers in 30 counties. The proposed rate adjustment would increase overall revenues by approximately 15.8 percent.
Details about the proposed rate adjustment can be found in the notice below and on the PSC website, psc.ky.gov, by referencing Case No. 2024-00092.
Current tariff
The Kentucky Public Service Commission approved rules and regulations that govern the operations and rates of Columbia Gas of Kentucky.
Customer Bill of Rights
As a residential customer of a regulated public utility in Kentucky, you are guaranteed rights.
Natural gas prices
Effective with December billing, Columbia Gas of Kentucky's gas supply cost is $4.7906 per Mcf, an increase from $2.9781 per Mcf in the previous quarter. This price will remain in effect until the next regular quarterly adjustment in March 2025.The Actual Cost Adjustment
Each quarterly gas cost adjustment is a projection of what Columbia Gas expects to pay for the natural gas it purchases for its customers in the upcoming quarter. That price is derived by a formula that takes into consideration current and projected market prices, storage costs and interstate pipeline charges.Although these quarterly projected prices are based on the most current data available, they are estimates. Since Columbia Gas of Kentucky does not earn a profit on the price of gas, these estimates must be reconciled to what was actually paid. This reconciliation is done to ensure that customers pay exactly what was paid by Columbia for their natural gas supplies. The reconciliation is known as an actual cost adjustment. The actual cost adjustment may be applied as either a charge or a credit, depending on whether Columbia overestimated the cost of natural gas purchased or underestimated the cost. This charge or credit is embedded in the gas supply cost paid by customers.
The Kentucky Public Service Commission must approve all gas cost adjustments.
Current Price Breakdown for Columbia-Supplied Customers and CHOICE Participants
If you are now supplied by Columbia Gas of Kentucky and were a participant in the Customer CHOICE ® Program during the previous 12 months, your cost will be $5.5175, an increase of $1.3721 per Mcf from the previous $4.1454. This price is applicable for those billing month(s) this year during which you were enrolled with a CHOICE supplier in the previous year. Your gas supply cost will then change to $4.7906 per Mcf (or the price in effect at that time) for the billing months this year during which Columbia Gas supplied your gas in the previous year.
If you are now a Customer CHOICE Program participant and were supplied by Columbia Gas of Kentucky during the previous 12 months, your bill will show a change from a credit of ($0.9557) per Mcf to a credit of ($0.5518) per Mcf during the billing month(s) when you were supplied by Columbia Gas of Kentucky last year.