Washington Gas Reaches Rate Settlement in Virginia
July 30, 2007New Rate Design to Benefit Customers, Company
WASHINGTON--(BUSINESS WIRE)--Washington Gas Light Co., a wholly-owned subsidiary of WGL Holdings, Inc., (NYSE:WGL) announced today that it has reached a settlement agreement in its pending Virginia rate increase proceeding. The agreement, which must be approved by the State Corporation Commission of Virginia, reflects a modest increase in billing rates for its delivery service and two innovations in rate design that will encourage continued operational efficiency and help customers manage their monthly natural gas bills more effectively.
WGL Holdings, Inc.
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