Herman Oil and Gas asks for 150 percent rate hike
By Jodi Weigand, The Valley News-Dispatch, Tarentum, Pa. | |
McClatchy-Tribune Information Services |
The
The company also wants to add a
"The main reason we need a rate increase is because the company hasn't had a base rate increase in 32 years," said owner
The company provides service to about 420 customers in
The PUC evaluates rate increases for public utilities and may grant them in full, in part or deny the request.
The review process could take about six months.
In its application to the PUC, Herman Oil lists nearly
Herman Oil plans to spend about
"We're just trying to get it up to date a little bit," said Smith, who bought the family business from his uncle,
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