Missouri Gas Energy gets approval for a rate increase Read more: Missouri Gas Energy gets approval for a rate increase - Kansas City Business Journal

Missouri Gas Energy has gained regulatory approval to increase natural gas rates.

Kansas City-based MGE, which said it profits not from the price of gas but from its delivery, will increase the rate from nearly 70 cents per hundred cubic feet to a little more than 84 cents per hundred cubic feet.

The cost of gas is the wholesale price of gas plus transportation and storage costs. It normally accounts for about two-thirds to three-quarters of a winter gas

Read more: Missouri Gas Energy gets approval for a rate increase - Kansas City Business Journal

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