World : Ohio regulators OK merger of four small gas companies

The Public Utilities Commission of Ohio has approved the merger of four small natural gas companies that serve parts of Northeast Ohio.

The PUCO on Thursday said Brainard Gas Corp. and Orwell Natural Gas Co., both based in Ashtabula County, Pleasantville-based Northeast Ohio Natural Gas Corp. and Mentor-based Spelman Pipeline can merge.

The PUCO said the merger will not cause changes in customer charges or distribution rates. Affected customers will be notified of the merger within 30 days.

The companies will be merged into Northeast Ohio Natural Gas Corp., according to filings with the state.

The businesses, all considered utilities, are owned by the same parent company, PHC Utilities Inc., which in turn is a wholly owned subsidiary of privately held Hearthstone Utilities Inc., a Montana company.

Ohio counties served by the companies include Portage, Stark, Wayne, Medina, Geauga, Lake, Ashtabula, Trumbull, Mahoning, Carroll, Tuscarawas, Harrison, Fairfield, Coshocton, and Holmes.

Brainard has about 220 customers, while Orwell provides gas distribution services to about 10,410 customers. Northeast Ohio Natural Gas provides natural gas distribution service to about 18,440 customers, while Spelman maintains about 121 miles of natural gas pipeline.

 

Source : https://www.ohio.com/news/20190104/ohio-regulators-ok-merger-of-four-small-gas-companies

Smart Grid Bulletin December 2018


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