AGL Resources Inc. (ticker: AGL, exchange: New York Stock Exchange (.N))
News Release -
31-May-2005
Georgia Public Service Commission to Reconsider Atlanta Gas Light Company 2004-2005 Rate Order ATLANTA--May 31, 2005--The Georgia Public Service
Commission ("Commission") today voted 4-1 to reconsider the
Commission's April 29, 2005 order ("Order") in Atlanta Gas Light
Company's 2004-2005 rate case under Docket 18638-U. Atlanta Gas Light
Company, a subsidiary of AGL Resources Inc. (NYSE:ATG), filed a
petition with the Commission on May 9, 2005 for rehearing,
reconsideration and oral argument of the Order.
The Commission scheduled a vote on the merits of reconsideration
for its next scheduled Administrative Session to be held on Friday,
June 10, 2005. The reconsideration will include all issues included in
the Company's May 9 petition.
About AGL Resources
AGL Resources (NYSE: ATG), an Atlanta-based energy services
holding company, serves 2.3 million customers in six states through
its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New
Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and
Elkton Gas in Maryland. A Fortune 1000 company that ranks number 46 in
the Fortune gas and electric utilities sector, AGL Resources reported
2004 revenue of $1.8 billion and net income of $153 million. The
company also owns Houston-based Sequent Energy Management, an asset
manager serving natural gas wholesale customers throughout the East
and Midwest. As a 70 percent owner in the SouthStar partnership, AGL
Resources markets natural gas to consumers in Georgia under the
Georgia Natural Gas brand. AGL Networks, the company's
telecommunications subsidiary, owns and operates fiber optic networks
in Atlanta and Phoenix. The company also owns and operates Jefferson
Island Storage & Hub, a high-deliverability natural gas storage
facility near the Henry Hub in Louisiana. For more information, visit
www.aglresources.com.
CONTACT: AGL Resources, Atlanta
Investor Relations
Matt Quinn, 404-584-3192
Cellular: 404-427-5202
mcquinn@aglresources.com
or
Media Relations
Nick Gold, 404-584-3457
Cellular: 404-275-9501
ngold@aglresources.com
SOURCE: AGL Resources
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