Coldwell Banker Premier recognized

Coldwell Banker Premier, which has offices in Bedford and Everett, has been named a Platinum Award winner by CIH | Leads Network, recognizing the brokerage’s outstanding performance in managing and converting relocation leads over the past year.

CIH | Leads Network is a component of Compass International Holdings, the world’s largest real estate brokerage collective.

The Platinum Award represents the highest level of broker achievement among CIH Leads’ annual Excellence Awards. Recipients are selected through a rigorous evaluation process that measures success across multiple indicators, including customer experience and operational excellence. This is the 11th year that Coldwell Banker Premier has attained Platinum recognition.

Peoples seeks to increase distribution rates

Peoples Natural Gas Co. LLC has filed a request with the Pennsylvania Public Utility Commission to increase natural gas distribution rates as of May 26.

People requested an overall net distribution rate increase of approximately $163.2 million per year. In filing, Peoples is updating the normal heating degree days used in the Weather Normalization Adjustment mechanism as described in its current proposed tariffs.

Based upon current tariff rates, if the company’s entire request is approved the total bill for a residential customer using 86 thousand cubic feet per year would increase from $122.20 to $138.23 per month or by 13.1%.

The state agency which approves rates for public utilities is the PUC. The PUC will examine the requested rate increase and can prevent existing rates from changing until it investigates and/or holds hearings on the request.

After examining the evidence, the PUC may grant all, some or none of the request or may reduce existing rates.