Panhandle natural gas company gets state approval for rate hike in small Gulf Coast municipality

Panhandle natural gas company gets state approval for rate hike in small Gulf Coast municipality

A Panhandle natural gas company has received approval from the state to increase rates for the utility. St. Joe Natural Gas Co. Inc. (SJNG) originally petitioned the Public Service Commission (PSC) to raise its rates in May. But the regulatory board approved the rate hike this week, a PSC news release said. SJNG serves the small Gulf Coast town of Port St. Joe just south of Panama City in the Panhandle. The PSC held public hearings and initially…