Missouri Gas Energy, which is now a part of Laclede Gas Co., asked the Public Service Commission to approve a rate increase that would provide an additional $17 million in revenue for the company and cost the average residential customer an extra $2.33 a month.
Laclede Gas said the company needs to recover costs of upgrades and “the general operation of our business in western Missouri.” Laclede Gas Co. completed its $975 million purchase of the assets of Missouri Gas Energy from Houston-based Southern Union Co. earlier this month. Laclede is now the largest natural gas distribution company in Missouri, with more than 1.1 million natural gas customers. MGE operates and maintains more than 14,000 miles of pipeline. According to a statement from the company, this general rate case provides for the investments made in these pipelines and for operating the natural gas delivery system across western Missouri.