Jefferson City, MO. - To reflect estimated changes in the wholesale cost of natural gas, Summit Natural Gas of Missouri, Inc. (Summit Natural Gas) customers will see natural gas rates drop under a filing that takes effect on February 1, 2022. Gallatin Division: Residential customers currently pay approximately $0.65 per Ccf (per hundred cubic feet) of natural gas. Under this filing, the rate will drop to approximately $0.59 per Ccf. Warsaw and Lake of the Ozarks Divisions: Residential customers currently pay approximately $1.01 per Ccf (per hundred cubic feet) of natural gas. Under this filing, the rate will decrease to approximately $0.91 per Ccf. Rogersville and Branson Divisions: Residential customers currently pay approximately $1.02 per Ccf (per hundred cubic feet) of natural gas. Under this filing, the rate will drop to approximately $0.92 per Ccf. The cost of natural gas from wholesale suppliers generally makes up approximately 50% to 55% of a customer's total monthly natur
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FORT SMITH, Ark., April 29, 2021 /PRNewswire/ Summit Utilities, Inc. ( Summit ) announced today that it has signed a definitive agreement to acquire the Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc. ( CenterPoint ) for an enterprise value of $2.15 billion.
CenterPoint s Arkansas and Oklahoma gas distribution systems serve approximately 525,000 customers and include 17,000 miles of gas main pipeline across Arkansas, Oklahoma and Texarkana, Texas. In 2017, Summit expanded its footprint to Arkansas and Oklahoma with our acquisition of Arkansas Oklahoma Gas Corporation. Today, we couldn t be more excited to announce our plans to serve more communities in these two great states with the acquisition of CenterPoint s Arkansas and Oklahoma gas distribution systems, said Summit Utilities President and CEO Kurt Adams. CenterPoint has built a strong reputation for quality customer service and we are eager to carry on t
Summit Utilities, Inc to Acquire CenterPoint Energy s Arkansas and Oklahoma Gas Distribution Assets streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.