Wednesday, June 30, 2004

Tristate business summary



CG&E customers to get a break

Natural-gas rates for residential customers of Cinergy Corp. will ease in July, reflecting a seasonal price decline. A typical residential customer of Cincinnati Gas & Electric unit will pay $115.41 starting Thursday, down from $120.44 in June and $124.18 in July a year ago.

All the bills are based on consumption of 10,800 cubic feet of gas. A customer of Union Light, Heat & Power in Northern Kentucky will pay slightly more in July than a year ago because of an annual adjustment for the cost of a main replacement program.

Erpenbeck's dad could get 7 years

Federal prosecutors will argue Thursday that Tony Erpenbeck should serve at least 70 to 87 months in prison for his foiled attempt to influence the sentencing of his son, convicted bank swindler Bill Erpenbeck.

Erpenbeck, 69, pleaded guilty in March to obstruction of justice. He and his son were caught in a Feb. 5 FBI sting trying to influence the testimony of Lori Erpenbeck, Bill's sister.

Bill Erpenbeck, a former homebuilder, is serving a 30-year sentence in Florida. Tony Erpenbeck remains jailed without bond.




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Tristate business summary
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