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Bath County News - Outlook
Owingsville, Kentucky
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November 8, 2012     Bath County News - Outlook
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November 8, 2012
 

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News Outlook Yollr Hometown Newspaper November 08, 2012 -25 Natural Gas Costs This Winter Lo00wer Than Last Year Natural gas costs at the start of the 2012-2013 heating season are pro- jected to be lower than at any time in the last 10 years, the Kentucky Pub- lic Service Commission (PSC) said today. On average, Kentucky customers can expect to pay about 12 percent less this November than last if they consume !0,000 cubic feet of natural gas. The average total bill for 10,000 cubic feet - includ- ing base rates - is project- ed to be about $85.55. That is down more than $65 since November of 2008 - a decrease of 4396 over the last four years. The lower cost of natural gas has more than off- set any increases in base rates over that time. "Natural gas prices have remained relatively stable since late 2009, in contrast to the very large fluctua- tions in prior years," PSC Chairman David Arm- strong said. "Increasing gas supplies are projected to provide price stability in the coming years as well." But weather - not price - is always the largest factor in determining the amount of energy that consumers use to heat their homes and thus the size of their heating bill, Armstrong said. Improv- ing energy efficiency is the best weapon consum- ers have to manage their energy costs, he said. "Consumers should al- ways look for ways to re- duce energy usage," Arm- strong said. "It is wise to invest a portion of the cur- rent savings in permanent improvements, such as weatherization, that will pay off by reducing ener- gy consumption and thus help insulate consumers from higher energy costs in the future." Wholesale costs this year are, on average, about 20 percent lower than a year ago. None of Kentucky's five large natural gas distribution companies have received base rate increases in the last year. Wholesale prices over the last three years have remained at less than half the peak prices seen in 2008. Wholesale costs make up the largest por- tion of retail gas bills dur- ing the heating season. They are passed through to consumers on a dollar- for-dollar basis by local distribution companies. Changes in individual" ratepayer bills will vary by company and customer usage. The amount of natu- ral gas in storage for use during the winter is at an all-time high, according. to data from the federal Energy Information Ad- ministration. That sug- gests adequate supplies and stable prices through the heating season, unless there is widespread and extreme cold weather. Wholesale natural gas prices last spiked in 2008, and then declined even more abruptly in 2009. Prices have remained in a fairly narrow range since then. By federal law, natu- ral gas prices are not regu- lated at the wholesale lev- el and generally fluctuate with supply and demand. Under Kentucky law, gas companies are entitled to recover the wholesale cost of the gas delivered to cus- tomers, including the fees they pay to interstate pipe- lines to transport the gas to their retail distribution systems. Companies are not allowed to earn a prof- it on their gas commod- ity costs. The companies' gas cost adjustments are reviewed by the PSC to make sure they accurately reflect the wholesale cost of gas. About half of the natural gas used for winter heat- ing is put into storage in the summer. The. price at which it was purchased is the price passed through to consumers. Until the last decade, natural gas pre,000000n00cove00o00 l 0 0000l0000vecovm00 ::. g -,,,,,,.,.,-,,,,, ToWiih pmts00 0000mtttoKlmld.o i00t00qCimmonoklo00m00 O00aNGSVILI.E BATH COUNTY OUTL00 C00MUHITYROOH THUItSDAY, HOV[HflR IS IOdX)AHi 000000eutt6 CO00UHTYC0000R llm[000000[ 00DAY.00ItI00 IO00)AH & 1.'OOllA JOHNBIRD 859,621-3159 (TTY:711) 9a.m.toSp00 Ho00sFdclay Humono, 00monotot0000ug00 00of00txnof00s00u00ino00l00 of0000,Co00octt00wo0000i00mXi00 m.mo0000 prices typically were considerably lower in the summer than in the winter. That gap has nar- rowed in recent years, due in large part to the in- creased use of natural gas to generate electridty. Kentucky's five major natural gas distribution companies expect their adjusted wholesale cost this November to be, on average, 84.43 per 1,000 cubic feet (mc0. That is down $1.13 (20 percen0 from an average of $5.56 per mcf a year ago. In August 2008, the av- erage adjusted wholesale cost peaked at $15.17 per mcf. In November 2002 the average adjusted wholesale cost was $4.90 per mcf ($6.07 adjusted for inflation). The wholesale cost of natural gas now accounts for just over half of a typi- cal consumer's winter bill. A typical Kentucky customer using 10 mcf next month will pay a to- tal monthly bill of $85.55, down $11.40 - or about 12 percent - from the $96.90 average bill a year ago. That decrease is an average for Kentucky's five major local natural gas distribution compa- nies as of November. It will change as companies make further wholesale cost adjustments through- out the heating season. Wholesale costs and base rates vary by compa- ny. The base rates reflect a utility's day-to-day oper- ating costs, including the cost of delivering gas, as well as a return on equity for company sharehold- ers. The five major natural gas distribution compa- nies in Kentucky are At- mos Energy, Columbia Gas of Kentucky Inc., Del- ta Natural Gas Co. Inc., Louisville Gas and Elec- tric Co. and Duke Energy Kentucky Inc. Together the five companies serve more than 750,000 cus- tomers in Kentucky and deliver about 176 billion cubic feet of gas annually. About 44 percent of Kentuckians heat their homes with natural gas. Those who heat with pro- pane (10 percen0 can ex- pect slightly lower costs than last year, while those heating with fuel oil (3 percent) will see slightly higher costs than last year. The 39 percent of Ken- tuckians who use elec- tric heat are likely to see somewhat higher bills on average this winter. Although the slow pace of economic growth has helped keep fuel prices stable, it also has left many Kentuckians strug- gling to pay their heat- ing bills, Armstrong said. Healing assistance is available from local com- munity action agencies and from utility compa- nies, but funds are limited and sometimes run out during the heating sea- son, he said. "Do not allow a diffi- culty in paying a utility bill to become a crisis," Arm- strong said. "Now is the time to take the necessary steps if you think that you may need assistance in paying your heating bill this winter." A slide show on natural gas prices during the com- ing winter is available on the PSC website, http:// psc.ky.gov. The PSC is an indepen- dent agency attached for administrative purposes to the Energy and Envi- ronment Cabinet. It regu- lates more than 1,500 gas, water, sewer, electric and telecommunication utili- ties operating in Kentucky and has approximately 9C employees. COMMONWEALTH OF KENTUCKY BATH CIRCUIT COURT DMSION I ACTION NO. 12-CI-90023 WELLS FARGO BANK, NA PLAINTIFF VS: NOTICE OF COMMISSIONER'S SALE ROBERT MAY AKA ROBERT L. MAY, ET AL DEFENDANTS By virtue of a Judgment and Order of Sale entered in Bath Circuit Court on 17 February 2012 and Order Refer- ring Case to Master Commissioner for Judicial Sale, entered 17 August 2012, to raise the sum of $67,654.37, interest, fees, and the costs Of sale, I will expose for sale to the highest and best bidder at the Courthouse door, in Owingsville, Bath County, Kentucky, on Saturday, 10 November 2012, at the hour of 12:00 p.m., the following described property: The following described property, located in Bath County, Kentucky, to-wit: PARCEL I: TRACT ONE: Beginning at a point a set stake in the North margin of a 25 foot passway leading Westwardly from Blevins Valley Road, which stake is 242 feet from center of black top of Blevins valley Road, comer to same and other property of Rexal R. Short and Dalma Louise Short; thence Northwardly with said Short distance of 173 feet to a point and stake corner to same and said Short; thence Westwardly with said Short distance 289 feet to a point a set stake r " codLlo same anti $'0at1311m'L'tlllce Southwal with'gid''psrt distance 173 feet kv a-Fi.t   td. ha io d margin of said 25 foot passway thence Eastwardly with North margin of said passway distance of 255 feet to the point of beginning. There is also conveyed to the grantee non exclusive right of passway over and across a 25 foot passway leading Westwardly from West margin of Blevins Valley Road to said lot and other lands of Rexal Short and wife, which passway provides ingress and egress to the lot hereby conveyed as well as other lands of Rexal Short and wife, Said properly is subject to any and all legal and existing easements, including but not limited to utility easements af fecting same. TRACT TWO: A certain tract or parcel of land lying and being in Bath County, Kentucky, onthe Blevins Valley Road, and de scribed as Parcel No. 2, per survey dated May 1, 1998 by D. R Roberts, Registered Kentucky Land Surveyor #3040, containing 3.00 acres, a copy of which survey plat is filed herewith as a part hereof as if fully copied herein. With reference to said Plat said Parcel No. 2 is described as follows: Beginning at a point an iron pin corner to Parcel No. 1 of Devetta Hill; thence N. 59 deg. 42' 26.0  W 398.4 10' to an iron pin corner to same and Lawanna Dangher, thence N 47 deg. 19' 58.3  B 226.722' to a steel post, thence N 32 deg. 31' 46.1' E 189.308 to an iron pin corner to same and Rexal Short, thence S. 39 deg. 42' 01.6" E 397.247' to an iron pin, thence S 26 deg. 03' 31.0" W 46.602' to an iron pin, thence S. 43 deg. 25' 10.7" W 229.545' to the point of beginning and containing 3.00 acres. Said property is conveyed subject to any and all legal and existing easements including, but not limited to utility easements, if any affecting said properly. TRACT THREE: Commencing at an iron pin corner to Jimmy Adkins (d.b. 179, pg. 559) and a corner to Parcel I (d.b. 186, pg. 150), thence with Parcel 1 North 42 degrees 06 minutes 22.0 seconds East, a distance of 222.810 feet to an iron pin and a corner to Parcel 2 (d.b. 188, pg. 69), thence with the line of Parcel 2 North 43 degrees 25 minutes 10.7 seconds East, a distance of 229.545 feet to an iron pin, thence North 26 degrees 03 minutes 31.0 seconds East, a distance of 46.602 feet to an iron pin and a comer to Rexal Short (d.b. 166, pg. 382), thence South 34 degrees 43 minutes 28.3 seconds East, a distance of 231.807 feet to an iron pin in the right of way of' Blevins Valley Road; thence with said right of way South 38 degrees 32 minutes I6.2 seconds West, a distance of 382.670 feet, thence South 42 degrees 59 minutes 07.3 seconds West a distance of 92.392 feet to a point in the North margin of a 25 foot passway, thence North 86 degrees 07 minutes 11.2 seconds West, a distance of 184.661 feet to an iron pin, corner to Jimmy Adkins; thence with Adkins line North 8 degrees 37 minutes 51.0 seconds East, a distance of 173.00 feet to the point of beginning; said described tract containing 2.92 acres. Said property is subject to any an all legal and existing easements, including but not limited to utility easements, if any, affecting same. Mobile Home Information Year: 1998 Manufacturer: Fleetwood Serial: TEN3 79573/4 Length x Width: 27.3x52.4 Being the same property conveyedto Robert May and Lindsey May, husband and wife, who acquired title, with rights of survivurship, by virtue of a deed from Devetta A. Hill, a single person, dated February 28, 2005, filed March 14, 2005, recorded in Deed Book 209, Page 225, County Clerk's Office, Bath County, Kentucky. Property Address: 2571 Blevins Valley Road, Owingsville, KY 40360. Parcel Number: 046-00-00-005.08 PARCEL II: A certain tract or parcel of land lying and being in Bath County, Kentucky, on the Blevins Valley Road, and de scribed as Parcel I, per survey plat dated 8-23-97, prepared by R. D. Jones, Registered Land Surveyor, L.& #224i, and containing 3.00 acres, a copy of said survey plat is filed herewith as a part hereof as if copied herein. There is also conveyed hereby a 25' right-of-way for purposes of Ingress and egress along the eastern portion of property owned by Jimmy . Adkins, et. ux. To be used exclusively for purposes of access to and from the prop erty herein conveyed. The above described land is subject to any and all legal and existing easements, including but not limited to utility easements, affecting same. Property Address: 0 Blevins Valley Road, Owingsvine, KY 40360 Parcel Number: 046-00-00-005.07 Being the same property conveyed to Robert May and Lindsey May, husband and wife who acquired rifle, as to Parcel Two with rights of survivorsbip by virtue of a deed from Devetta A. Hill a single person, dated February 28, 2005, fried March 14, 2005, recorded in Deed Book 209, Page 229, County Clerk's Office, Bath County, Ken tucky. This property is sold subject to all real estate taxes, easements, and off-sales of record; and reference is hereby made to the office of the Bath County Clerk. The terms of the sale shall be ten (10%) percent cash or check at the time of sale and the balance on credit of thirty (30) days with privilege of the suceessful bidder to pay in full at the time of sale. The successful bidder requesting credit must execute bond with approved surety bearing interest at the rate of twelve (12%) per annum from date of sale until paid, which bond shall have the full force and effect of a Judgment and should execution be issued thereon, no replevy shall be allowed. A lien shall exist and shall be retained by the Commissioner on the property sold as security for the purchase price. Hun. Earl Rogers III Master Commissioner Bath Circuit Court Published in the Bath County News Outlook. on 1&24, 11.1,  11.7