The Florida Public Service Commission (FPSC) has approved updated charges for the Cast Iron/Bare Steel Replacement Rider (CI/BSR Rider) for Peoples Gas System, Inc. (PGS), which will take effect in January 2026. The CI/BSR Rider is designed to fund the replacement of aging cast iron, bare steel, and problematic plastic pipelines throughout Florida’s natural gas distribution system.
According to the FPSC, residential customers will see a monthly surcharge of $0.01593 per therm under the new charges. For an average residential customer using 20 therms per month, this will mean an increase of about 32 cents on their monthly bill.
The commission also finalized its review of PGS’s actual and projected true-ups for 2024 and 2025. These adjustments have been incorporated into the calculation of the 2026 charges.
For the year 2026, PGS plans to invest around $62.1 million in modernizing its pipeline infrastructure. After accounting for previous years’ adjustments, this results in an approved revenue requirement of $2.9 million.
PGS provides natural gas service to more than 400,000 residential, commercial, and industrial customers across 14 service areas in Florida.
