Toccoa Natural Gas
Annual Review of Gas Costs
(Docket No. G-41 Sub 55)
November 4, 2020, 10:00 am
Commission Hearing Room 2115
Dobbs Building, 430 N Salisbury Street, Raleigh
Section 62-133.4 of the North Carolina General Statutes authorizes gas cost adjustment proceedings for natural gas local distribution companies. This statute requires each gas distribution company to file annually with the Commission information that lets the Commission compare its wholesale gas and gas transportation costs with the gas revenues that it has collected from its customers during the 12-month period. The Commission decides whether the gas distributor was prudent as it incurred its gas costs. If prudently incurred gas costs are greater or less than the collected gas revenues, the Commission can order changes to customer rates.
On September 1, 2020, Toccoa Natural Gas (Toccoa) filed testimony in this proceeding. The Commission has scheduled this hearing to review Toccoa’s gas costs. Public witness testimony will be received at the beginning of the hearing. All persons attending the hearing must wear a mask and seat themselves in the hearing room at least six feet (three chairs) apart from any other person. In addition, weapons are prohibited at Commission hearings, and everyone entering the building must pass through a metal detector.