R-2026-3060855 · Opened Feb 24, 2026
testimony
Peoples Natural Gas Company LLC
PA · gas
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Current | Current natural-gas profile Natural gas · Latest supported values | 10.25% Authorized mechanism · Jun 18, 2026 | — | — |
| Dec 31, 2027 | Peoples Natural Gas general rate case R-2026-3060855 · Fully projected future test year ending December 31, 2027 · Natural gas | 11.25% Utility request · Mar 30, 2026 | 54.47% Utility request · Mar 30, 2026 | $5.76B Utility request · Dec 31, 2027 |
| Sep 12, 2024 | Peoples Natural Gas general rate case R-2023-3044549 · Fully projected future test year ending September 30, 2025 · Natural gas Compare stagesROE Utility request 11.75% → Authorized — Common equity Utility request 54.67% → Authorized — Rate base Utility request $4.22B → Authorized — | — Authorized · Sep 12, 2024 | — Authorized · Sep 12, 2024 | — Authorized · Sep 12, 2024 |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Residential monthly bill impact | Sep 12, 2024 | authorized | 11.9% | PNGD residential customer using 80 Mcf annually; $73.16 to $81.85. PGD customers had a separate 1.2% decrease. |
| Common equity ratio | Dec 29, 2023 | utility request | 54.67% | Requested common-equity share of ratemaking capital. |
| Overall rate of return | Sep 12, 2024 | authorized | — | Authorized overall rate of return under the approved black-box settlement. |
| Overall rate of return | Dec 29, 2023 | utility request | 8.4% | Requested weighted overall rate of return. |
| Rate base | Sep 12, 2024 | authorized | — | Authorized rate base under the approved black-box settlement. |
| Rate base | Dec 29, 2023 | utility request | $4.22B | Requested rate base at proposed rates. |
| Return on equity | Sep 12, 2024 | authorized | — | Authorized return on equity under the approved black-box settlement. |
| Return on equity | Dec 29, 2023 | utility request | 11.75% | Requested return on common equity. |
| Annual revenue change | May 30, 2024 | utility rebuttal | $153.66M/year | Corrected utility litigation position after the present-revenue stipulation. |
| Residential monthly bill impact | Mar 30, 2026 | utility request | 13.1% | Residential customer using 86 Mcf annually; monthly bill from $122.20 to $138.23. |
| Return on equity | Jun 18, 2026 | mechanism authorized | 10.25% | Commission-approved ROE for Peoples Natural Gas's Distribution System Improvement Charge |
| Common equity ratio | Sep 12, 2024 | authorized | — | Authorized base-rate common-equity ratio; no standalone value adopted in the black-box settlement |
| Common equity ratio | Mar 30, 2026 | utility request | 54.47% | Requested common-equity share of capitalization |
| Annual revenue change | Sep 12, 2024 | authorized | $93M/year | Prior authorized observation |
| Annual revenue change | Dec 29, 2023 | utility request | $156M/year | Prior authorized observation |
| Rate base | Dec 31, 2027 | utility request | $5.76B | Fully projected future-test-year rate base at present rates |
| Annual revenue change | Mar 30, 2026 | utility request | $163.17M/year | Requested additional annual revenue requirement, including additional late fees |
| Return on equity | Mar 30, 2026 | utility request | 11.25% | Requested return on common equity |