MidAmerican Energy proposing natural gas delivery rate increase

DES MOINES, Iowa (KCRG) — MidAmerican Energy has filed a request with the Iowa Utilities Commission to update natural gas delivery rates.

MidAmerican says that the rate adjustment only impacts gas delivery rates, not the cost of the gas. Even with the proposed adjustment, MidAmerican’s typical residential gas bill would still be lower than it was two decades ago.

They explained in a statement, “Based on the same level of average monthly residential gas usage, a customer’s monthly bill would be $58.49 under the proposed rates, compared to $74.10 in 2006, not adjusted for inflation. This reflects years of relatively stable base rates, along with lower natural gas supply costs now versus 20 years ago.”

Typical residential monthly bills would increase roughly $2.89 per month, according to their estimates, should the rates be approved.

MidAmerican will implement temporary gas delivery rates on July 17 while the Iowa Utilities Commission reviews the permanent rate request. After a review, the commission will order the final rates to be implemented.

To learn more about the proposed rate increase, visit their website.