On July 31 , 2020, Columbia Gas Transmission (TCO) filed a rate case with the Federal Energy Regulatory Commission proposing to nearly double storage and transmission costs on TCO starting February 1, 2021. TCO was successful in their case and the city's supplier, Volunteer Energy, had no alternative but to abide by the increased tariff rate structure imposed by TCO effective February 1, 2021.
The result was an approximate $0.06 increase to the fixed rate ($0.371/ccf) being offered through the city's aggregation program on the March 2021 billing cycle. Residents can expect to see a similar TCO rate adjustment on their natural gas bills through the end of the city's present aggregation contract which ends with the May 2021 billing cycle.
According to the city's aggregation consultant, the new 24-month, fixed rate of $0.429/ccf includes the TCO tariff. The new contract begins with the May meter reading/June billing cycle.
TCO is a regional interstate natural gas pipeline which is used to deliver natural gas to Volunteer Energy's customer base on Vectren as well as other natural gas companies.