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IPS to raise rates after gas cost hike
Iowa Public Service Co announces higher local rates as Northern Natural Gas of Omaha secures three federal increases for gas supplied since 1950. IPS expects over $438,000 yearly extra cost, partially offset by higher sales and a six percent rate rise effective December meter readings. Manager D W Swanson notes rises due to new pipelines and pumping stations and warns prices may climb further if stabilization fails.
MENTIONED IN THIS ARTICLE
Iowa Public Service Co
Iowa Public Service Company
D. W. Swanson
Northern Natural Gas Company of
Omaha
IPS
Federal Powers Commission
Northern Natural