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A gas company whose CEO is making $7.2 million is asking for one of the
biggest hikes in home and business gas prices.
Dominion Hope wants another hike, this time about 30% to help pay off rising
prices they say they are paying for natural gas.
Dominion Chairman and CEO Thomas E. Capps was paid $7.22 million for his
services.
Mountaineer Gas owned by Allegheny Power is seeking an increase of about
18%. If approved, that companies rates will have increased 85% since January
1, 2001.
Equitable has filed with the PSC for an increase of 40%.
All the companies say they are just passing along natural gas prices to their
customers.
Thousands of West Virginia customers will be affected.
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