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Spire Customers To See Natural Gas Rates Decrease This Month

​November 15, 2018
        To reflect estimated changes in the wholesale cost of natural gas as well as a change in the company’s Actual Cost Adjustment (ACA) factor, Spire Missouri, Inc. d/b/a Spire (formerly Laclede Gas Company d/b/a Missouri Gas Energy) natural gas customers will see natural gas rates drop under a filing that takes effect on November 15, 2018.
        The ACA factor is a mechanism which tracks any over-collection or under-collection of actual natural gas costs over a 12 month period. The net over- or under-collected balances are subsequently either refunded or collected the next year.
        Under the filing, Spire residential customers will see natural gas rates decrease by approximately $0.04 per Ccf (per hundred cubic feet) of natural gas, from approximately $0.52 per Ccf to approximately $0.48 per Ccf. Spire stated in its filing that compared to current rates and assuming normal usage, this change would decrease the average monthly natural gas bill for a typical residential customer over the upcoming winter by approximately $4.00 a month.
        Approximately 50% to 55% of a customer’s current natural gas bill reflects the cost of natural gas from wholesale suppliers. The wholesale cost of natural gas (the cost your local natural gas company must pay to its suppliers for natural gas) is not regulated by the Missouri Public Service Commission. The wellhead cost of natural gas is unregulated and is primarily driven by supply, demand and the weather. The Missouri Public Service Commission does conduct an annual regulatory review to ensure that regulated natural gas companies make prudent decisions in securing natural gas supplies for their customers.
        Spire serves approximately 513,200 natural gas customers in the Missouri counties of Andrew, Barry, Barton, Bates, Buchanan, Carroll, Cass, Cedar, Christian, Clay, Clinton, Cooper, Dade, DeKalb, Greene, Henry, Howard, Jackson, Jasper, Johnson, Lafayette, Lawrence, McDonald, Moniteau, Newton, Pettis, Platte, Ray, Saline, Stone and Vernon.

All content copyright Stone County Publishing Co. Inc.
The Crane Chronicle/Stone County Republican
P.O. Box 401, Crane, Missouri 65633
Phone: 417-723-5248      Fax: 417-723-8490
  • Home
  • Inside This Week's Issue
    • Sentences handed down in felony case
    • Fire claims another home in the Crane area
    • Rep. Brad Hudson's Capital Report
    • Jim McCann named MO Beef MO Kids Champion
    • Southwest Missouri Spring Forage Conference February 23rd and 24th
    • Missouri State Fair Youth in Agriculture Scholarship deadline February 1
    • Its a four-pete for the Lady Bulldogs at Sparta Invitational
    • Galena Bears Go 2-1, with a close loss to state ranked Strafford Indians
    • Bulldog basketball
    • Reeds Spring Intermediate School Teacher Receives STEM Grant
    • Wolves pick up win on the road
    • Cape Fair Sunday Bass Tournament Results
  • This Week's Issue
  • Archive
    • Our History
  • Place Ad
  • Subscribe
  • Contact Us
    • Contact Form