Spire Gas Rates Increasing

 

Just as winter is coming, Spire Natural gas customers will see an increase in the cost to heat their homes.

To reflect estimated changes in the wholesale cost of natural gas as well as a change in the company’s Actual Cost Adjustment (ACA) factor, Spire customers will see natural gas rates change under a filing that takes effect on Tuesday, November 29.

The ACA factor is a mechanism which tracks any over-collection or under-collection of actual natural gas costs over a 12 month period. The net over- or under-collected balances are then either refunded or collected the next year.

Spire West residential customers, currently pay approximately $0.79 per Ccf (per hundred cubic feet) of natural gas. Under this filing, the rate will increase 13-cents to about $0.92 per Ccf.

Spire East residential customers currently pay about $0.60 per Ccf. UNder the new rate that will increase to about $0.71 per Ccf.

Spire West provides natural gas service to approximately 532,900 customers in Missouri including those in Andrew, Buchanan, Carroll, Clay, Clinton, DeKalb, Lafayette, Platte, and Ray counties.

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