
The Missouri Public Service Commission has approved an agreement reached by parties in a natural gas rate case filed by Spire Missouri, Inc., which authorizes Spire Missouri to increase natural gas revenues by approximately $78 million above what was approved in Spire Missouri’s last rate case. Spire Missouri has asked that the new rates take effect on December 26, 2022, but no later than January 1, 2023. When Spire Missouri filed its natural gas rate request on April 1, 2022, it sought a net increase in its natural gas revenues of approximately $151.9 million.
The agreement approved by the commission was submitted by Spire Missouri, the Office of Public Counsel, the Public Service Commission Staff, Consumers Council of Missouri, Midwest Energy Consumers Group, Missouri Industrial Energy Consumers, Symmetry Energy Solutions, LLC, Constellation NewEnergy-Gas Division, LLC, Clearwater Enterprises, LLC and WoodRiver Energy, LLC.. No party objected to the agreement.
For Spire West residential customers, the monthly average charge will stay the same at $20 per month. The current winter usage charge, in effect from November through April is approximately $0.27 per Ccf (thousand cubic feet of natural gas). Under the agreement, the rate will go to approximately $0.37 per Ccf.
The rate case generally reflected “non-gas” costs. “Non-gas” costs are operating and maintenance expenses in providing natural gas to customers in a safe and useful form. It also includes a return on investment in plant such as meters, mains and service lines that deliver natural gas to homes and businesses. The actual cost of natural gas is not part of the rate case.
Spire Missouri West provides natural gas service to Carroll, Howard, Johnson, Lafayette, Pettis and Saline in the KMMO listening area.