July 15, 2008
Natural gas co. seeks higher rates
Northern Utilities, the largest distributor of natural gas in southern Maine, has asked state regulators to increase the midsummer rate by 17%.
Northern Utilities has argued in its filing with the Maine Public Utilities Commission that the increase is needed for it to cover higher-priced gas, which is getting more expensive as demand across the world increases. The company says that the price for natural gas for home customers will jump 15% to 20% over last year, according to the company's PUC filing.
Northern Utilities says demand will also likely increase locally as people seek alternatives to heating oil. Gas would still be cheaper than oil if the PUC allows the rate increase.
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