Public Service Commission Approves Agreement in Laclede Gas Rate Case

Customers will receive safe and reliable natural gas at the same cost

Jun 26, 2013, 14:10 ET from Laclede Gas Company

ST. LOUIS, June 26, 2013 /PRNewswire/ -- The Missouri Public Service Commission approved an agreement today in Laclede's general rate case proceeding under which Laclede Gas customers will continue to receive safe and reliable gas service at the same cost they pay today. The agreement was reached last month by all parties and incorporates into Laclede Gas' general rates $14.8 million in annual revenue that is already included in customer bills for costs supporting pipeline safety upgrades.  With this approval, new tariffs, including ones permitting Laclede to continue helping customers reduce their energy usage and maintain service where minor repairs to the customer's equipment are needed, become effective July 8, 2013. For further details on the agreement approved by the Public Service Commission, please see the news release issued by Laclede Gas on May 31, 2013.

A subsidiary of The Laclede Group, Inc. (NYSE: LG), Laclede Gas Company has provided safe and reliable service to the residents of the St. Louis metropolitan area for more than 150 years. It is the largest gas distribution company in Missouri, serving approximately 630,000 residential, commercial and industrial customers in St. Louis City and parts of 10 counties in eastern Missouri.  For more information, please visit

SOURCE Laclede Gas Company