Washington Gas Asks to Increase Rates in Va.

Washington Gas has filed an application with Virginia regulators to increase its rates and charges next year.

The utility is asking for an increase of about 3.6 percent for the average residential customer's total bill. The company says that would amount to an increase of about $45 dollars each year, or $3.80 per month.

Washington Gas says it has not increased its rates in Virginia since 2002, despite inflation, rising labor costs and investments in its infrastructure. The change would increase the utility's revenue by $23 million annually.

Personally, I think Washington Gas should make its management accountable for their actions and cut their pay for screwing up the business so much. Their superfluous cost cutting will haunt the company when they try to fulfill their duty to deliver safe and reliable natural gas.

The company has cut so much from its operational departments that they can't cut anymore. So instead of looking at the top and at their mismanagment, they're now starting to cut administrative expenses.

When will these operational and administrative cuts come back and hurt those with the knives?

Washington Gas parent sells mechanical contractor

If WGL Holdings is selling a money losing business, why should the customers be saddled with higher rates. I hope this sale will nix the need to raise natural gas rates.

Maybe Washington Gas management can now focus on what they should've been doing for the past 10 years, ensuring they can safely and reliably distribute natural gas to their customers.

Washington Gas Light is being bled dry to create shareholder value while sticking it their employees and customers.

WGL Holdings, parent company of Washington Gas, has sold American Combustion Industries, a mechanical contractor, to a private equity fund and other investors.