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Department of State : Delaware Public Service Commission

PSC Docket No. 07-186
Application For An Increase In Natural Gas Rates And Services And For Approval Of Certain Other Changes To Its Natural Gas Tariff (Filed July 6, 2007)

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Chesapeake has filed a base rate application that includes extensive proposed changes to its existing rate design and a depreciation study. The proposed base rate increase is $1,895,668 or 3.25% of existing revenues based on the test period of the twelve months ending March 31, 2007. The test year is the twelve months ending December 31, 2006. The primary reasons cited by the Company for the requested increase are related to the return requirement for gas utility plant investments, increases in taxes other than income and fees, and a decline in fixed margin from the Company's various firm customer classes.

Last Updated: Friday, 06-Jun-2008 14:52:42 EDT
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