UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
May 24, 2010
(Date of earliest event reported)
Corning Natural Gas Corporation
(Exact name of registrant as specified in its charter)
New York | 000-00643 | 16-0397420 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
330 West William Street, Corning, New York | 14830 |
(Address of principal executive offices) | (Zip Code) |
(607) 936-3755
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On May 24, 2011, Corning Natural Gas Corporation (the "Company") filed with the New York Public Service Commission (NYSPSC) for a more than $4 million rate increase that would be phased in over three years.
The Company's proposed rate increase request is primarily the result of investments to continue its pipeline safety and reliability improvement program. The Company is also investing in a direct connection to local storage (mandated by the NYSPSC) in an effort to improve system reliability and reduce the cost of gas.
The Company issued a press release regarding the rate case on May 24, 2011. The press release is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of Corning Natural Gas Corporation, dated May 24, 2011.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Corning Natural Gas Corporation
By:/s/ Firouzeh Sarhangi
Name: Firouzeh Sarhangi
Title: Chief Financial Officer
Dated: May 27, 2011