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On May 4, 1992, Commonwealth Gai Service*, Inc. (“Service*” or “the Company”) filed a general rate application to increaae its rates and revise its tariffs with the State Corporation Commission (“Commission”). In its application, among other things. Services advised that its increase in rates was desinged to develop annual jurisdictional operating revenues of $143.7 million. It stated that in its April, 1991 exedited rate application. Case No. PUE910029, it placed in effect interim rates reflecting an increase in total revenues of approximately $3.3 million. However, as a result of its participation in a Stipulation in Case No. PUE910029, Services was recommending that the Commission approve additional annua) operating revenues of $2,143,904. Services’ May 4, 1992 application in Case No. PUE920037 states that the Company is requesting an increase in additional gross annual revenues of $8,898,379 in Case No. PUE920037 if its proposed rates in Case No. PUE910029 become effective, or in the alternative, an increase in additional gross annual revenues of approximately $10,000,000, if the proposed increase in operating revenues stipulated to by Services in Case No. PUE910Q29 were made permanent by the Commission. The Company supported its request for a rate increase with adjusted financial and operating dau for the twelve months ended December 31,1991. Among other things. Services' application also proposes a weather normalization adjustment mechanism. This mechanism would automatically adjust the revenues received by Services depending on whether the weather within the Company's certificated service area was warmer or colder than normal. Service is revising Section 19 of its Terms and Conditions of Service and, further, is proposing a new rate schedule. Distributor Exchange Service, to provide for the tale, transportation and exchange of natural gas from the Company to distributor customers in Virginia and to permit the negotiation of the exchange of gas in the event of emergencies that could require Services to provide gas service to other natural gat distributors in Virginia. In addition, the Company it revising Section 4 of its transportation tariff to allow the direct flow through of Gas Research charges. The details of these and other tariff revisions are set out in Services' application. Interested persons are encouraged to review Services' application and supporting documents so for the details of these and other proposals. TL_ /v_• ■ 1 _J. J O : •
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