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News | News ReleaseContact: Andy Farmer, 371-9141
For Immediate Release: July 16, 2008
SCC SETS SCHEDULE TO CONSIDER VIRGINIA NATURAL GAS CONSERVATION AND RATEMAKING EFFICIENCY PLAN

RICHMOND — The State Corporation Commission (SCC) has scheduled a public hearing for October 14, 2008, to consider a request by Virginia Natural Gas (VNG) to implement a conservation and ratemaking efficiency plan.

VNG states that the proposed plan includes new energy conservation programs, coupled with an alternative rate mechanism, designed to assist customers in lowering their energy bills. Over the three-year term of the plan, the company proposes to spend $7.5 million in these conservation initiatives. It projects a customer savings of $39.5 million over a 10-year period.

VNG is the first natural gas utility in Virginia to seek approval of such a plan under the provisions of the Conservation and Ratemaking Efficiency Act adopted during the 2008 session of the General Assembly.

A public hearing on the request is scheduled for 10 a.m. on Tuesday, October 14, 2008. It will be held in the Commission’s second floor courtroom located in the Tyler Building, 1300 East Main Street, in downtown Richmond. Any person wishing to comment at the hearing should arrive early and notify the SCC bailiff.

Written comments on the proposals must be submitted by October 7, 2008. All correspondence should be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118, and refer to case number PUE-2008-00060.

Interested persons desiring to submit comments electronically may do so at the SCC’s website: http://www.scc.virginia.gov/case. Click on the PUBLIC COMMENTS/NOTICES link and then the SUBMIT COMMENTS button for case number PUE-2008-00060.

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Case Number PUE-2008-00060