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2006 News Releases

Atmos Energy Files For Reduction In Gas Costs For Missouri Customers

Rate Reduction will help take the sting out of high winter heating bills

Media Contact:
Steve Green
(573) 204-8167

JACKSON, Missouri – November 2, 2006 – Atmos Energy (NYSE:ATO) said it has received approval from the Missouri Public Service Commission for a significant reduction in the gas costs to be reflected on customer bills in December.  This reduction results from the continuing decline in wholesale natural gas costs. 

“Atmos Energy is pleased to pass on this reduction in gas costs,” said Pat Childers, vice president of rates and regulatory affairs for Atmos Energy.  “Atmos Energy makes no profit on the cost of the gas it purchases for customers, and so we pass any increases or decreases on to consumers,” she said.  Childers added that the gas costs reflected on December residential gas bills in the Kirksville district will be 39.58 percent lower than the summer gas costs and 46.90 percent lower than gas costs just one year ago.

Childers also noted that weather will continue to have an impact on the cost of natural gas throughout the winter months.  She added, “Weather conditions affect not only how much gas customers use, but also the market price of natural gas.” 

Consumers can help manage their energy bills by enrolling in budget billing, using energy more efficiently, and applying now for energy assistance if needed.  More information on these cost-saving measures can be found at www.atmosenergy.com.

Atmos Energy Corporation, headquartered in Dallas, is the country's largest natural gas-only distributor, serving about 3.2 million gas utility customers. Atmos Energy's utility operations serve more than 1,500 communities in 12 states from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. Atmos Energy's nonutility operations, organized under Atmos Energy Holdings, Inc., operate in 22 states. They provide natural gas marketing and procurement services to industrial, commercial and municipal customers and manage company-owned natural gas pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. For more information, visit www.atmosenergy.com.

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