The Missouri Public Service Commission regulates investor-owned electric, steam, natural gas, water and sewer and telephone companies. Its mission is to ensure Missouri consumers have access to safe, reliable and reasonably priced utility service while allowing those utility companies under our jurisdiction an opportunity to earn a reasonable return on their investment. The PSC also regulates manufacturers and retail dealers who sell new and used manufactured homes and modular units. The commission was established in 1913. The PSC is comprised of five commissioners, who are appointed by the governor.
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PR-08-101 -- PSC Sets Intervention Deadline In Aquila Fuel Adjustment Clause Case
Contact: Kevin Kelly (573) 751-9300
FOR IMMEDIATE RELEASE -- JANUARY 4, 2008
JEFFERSON CITY---Aquila, Inc. has filed a request with the Missouri Public Service Commission to adjust the fuel adjustment charge on the bills of its electric customers. Aquila states the charge, known as the fuel adjustment clause or FAC, currently appears on the monthly electric bills of its customers.
In a rate case decision last May, the Public Service Commission granted Aquila’s request to implement a fuel adjustment clause in order to address fuel and purchase power cost volatility. Base electric rates established in that rate case reflected a certain level of fuel and purchased power costs. The fuel adjustment clause will reflect increases or decreases in those costs above or below those set in base rates.
According to Aquila’s filing, costs have exceeded base fuel costs by approximately $12.5 million in its MPS division and by approximately $3.3 million in its L&P division. Aquila states that for a customer using 1,000 kilowatts of power a month, the request would increase the monthly electric bills for MPS division customers by approximately $2 and by $1.50 a month for electric customers in Aquila’s L&P division.
Applications to intervene and participate in this case must be filed no later than January 22, 2008, with the Secretary of the Missouri Public Service Commission, P.O. Box 360, Jefferson City, Missouri 65102. Copies of the application should be sent to: James C. Swearengen and L. Russell Mitten, Brydon, Swearengen & England, P.C., 312 E. Capitol Avenue, P.O. Box 456, Jefferson City, Missouri 65102; and the Office of the Public Counsel, P.O. Box 2230, Jefferson City, Missouri 65102.
The Office of the Public Counsel is a separate state agency that represents the general public in matters before the commission. Individual citizens wishing to comment should contact either the Office of the Public Counsel (Governor Office Building, 200 Madison Street, Suite 650, P.O. Box 2230, Jefferson City, Missouri 65102-2230, telephone 573-751-4857, e-mail opcservice@ded.mo.gov) or the Public Service Commission staff (P.O. Box 360, Jefferson City, Missouri 65102, telephone 1-800-392-4211, e-mail pscinfo@psc.mo.gov).
Aquila, Inc. provides electric service to approximately 238,500 customers in its MPS division and approximately 65,700 electric customers in its L&P division.
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Case No. EO-2008-0216