YOUR NATURAL GAS BILL WILL PROBABLY BE GOING UP…BUT NOT BY AS MUCH AS FIRST PROPOSED. THE ALBUQUERQUE JOURNAL REPORTS THE NEW MEXICO GAS COMPANY IS SLASHING ITS RATE HIKE REQUEST BEFORE THE PUBLIC REGULATION COMMISSION.
THE COMPANY’S ORIGINAL PROPOSAL CALLED FOR A 26 PERCENT INCREASE…POTENTIALLY RAISING MONTHLY RESIDENTIAL BILLS BY THREE DOLLARS. NOW, NEW MEXICO GAS IS ASKING FOR A RATE HIKE OF SLIGHTLY MORE THAN ONE PERCENT. THAT WOULD INCREASE MONTHLY BILLS BY ABOUT 15 CENTS, ON AVERAGE.
