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<br />. CenterPoint <br />Energy <br />Minnegasco <br /> <br />Rate case fact sheet <br /> <br /> <br />Quick facts <br /> <br />. Revenue increase request $21.77 <br />million annually, or 1.8 percent <br /> <br />. Average residential customer <br />increase request: $38/year, or <br />4.1 percent annually <br /> <br />. Interim rates for all customer types <br />effective October 2004 <br /> <br />CenterPoint Energy Minnegasco's rate case wiff help recover increased costs, including pipeline relocation <br />and reconstruction for street and highway projects. <br /> <br />On July 14, 2004, CenterPoint Energy Minnegasco filed a request with the <br />Minnesota Public Utilities Commission (MPUC) for new natural gas distribution <br />rates. This is the company's first rate case since 1995. The filing will increase the <br />company's annual revenues by $21.77 million or 1.8 percent. The average residential <br />customer will receive a 4.1 percent increase, or $38 per year. lnterim (temporary) <br />rates begin October 1, 2004. Public hearings on the filing begin in the fall. A final <br />decision from the MPUC is exp~cted in May 2005, with final rates taking effect <br />during the summer of 2005. <br /> <br />Rate case basics <br /> <br />A rate case is the regulatory process that public utilities (natural gas, electric and <br />telephone) must follow to formally change base rates for their customers. Rates <br />are regulated by the MPUC, and proposed changes to base rates must first go <br />through a 10-month review process before receiving a final decision by regulators. <br /> <br />Rate case schedule <br />July 14, 2004 <br /> <br />Rate case filed with MPUC <br /> <br />October 1, 2004 <br /> <br />Interim rates begin <br /> <br />Late fall 2004 <br /> <br />Public hearings <br /> <br />January 2005 <br /> <br />Rate case hearings before MPUC <br /> <br />May 2005 <br /> <br />MPUC final decision expected <br /> <br />Summer 2005 <br /> <br />Final rates implemented <br />