Proposed Gas Service Split Could Mean 3-Year Rate Freeze
(AP) -- A plan by Oklahoma gas company, Oneok Inc., to spin off its utility operations would mean a freeze until 2017 in base rates and small rebates for Kansas Gas Service customers.
Those provisions are part of a settlement between Oneok, the Kansas Corporation Commission and the Citizens' Utility Ratepayer Board.
The Wichita Eagle reports the settlement means there will be no opposition to the company split when the plan goes before the KCC.
The proposed plan calls for breaking Oneok into two companies. A new company, One Gas, would take over Oneok's natural gas distribution systems in Kansas, Texas and Oklahoma. The remainder of Oneok would keep the original name and operate its businesses in gathering, transport and processing natural gas.
Kansas Gas Service has 630,000 customers.
© Associated Press
MOST VIEWED STORIES
Holton woman killed in Jackson Co car-deer accident
Revised flood predictions along the MO River
Valuation change notices coming soon for Nebraska residents
Lancaster shooting, threats, land man in jail
Case dismissed in charity fraud allegations
Three injured in Thursday Jeff Co collision
Atchison Police probe car wash thefts
KHP pursuit ends in Jackson Co
Jeff Co North USD 339 bond issue defeated
Atchison Co's Laurie seeks another term as Sheriff
Atchison's Amelia fireworks voted 3rd in nation
USD 415 board holds special meeting
Former KS AG files for Congress
Atchison Co vets to honor comrades Monday
Brown Co Commissioner files for re-election
One injured in Jeff Co collision
Falls City Hot Air Balloon Festival coming in June
LATEST STORIES
One injured in Jeff Co collision
Holton woman killed in Jackson Co car-deer accident
Atchison Co vets to honor comrades Monday
Richardson County Board receives organization updates
Only minor flooding continues along Missouri River
Three injured in Thursday Jeff Co collision
Atchison Police probe car wash thefts