TXU wants to hike natural gas 7.86%
By 07/06/2000 00:00:00
ELLIS COUNTY - TXU Gas filed a request for an average 7.86 percent natural gas rate increase with city councils of 13 Ellis County communities on June 30. The hike, proposed to be effective August 7, is expected to result in additional annual revenues of $517,995. Cities that would be affected include Alma, Bardwell, Ennis, Ferris, Garrett, Italy, Maypearl, Midlothian, Milford, Palmer, Pecan Hill, Red Oak and Waxahachie. In some communities, the company hasn't asked for a rate increase for at least four years. Some areas have not had their natural gas rate raised for as many as 18 years.
TXU said the rate request 'follows the company's investment of $4.6 million in the Ellis Distribution System infrastructure from June 1995 through September 1999.'