Questar Gas asks for rate decrease, cites abundant supply of natural gas
Questar Gas is requesting a decrease in its Utah natural gas rates. If the request is approved by the Public Service Commission of Utah (PSC), the annual bill for the typical residential customer will decrease by about $10 beginning Oct. 1.
"Abundant natural gas supplies continue to hold down the price of natural gas," said Craig Wagstaff, executive vice president and COO of Questar Gas. "We're also working hard to maintain a safe distribution system, encourage customers to conserve energy through our ThermWise programs and, at the same time, do it with rates that are still among the lowest in the country."
The request includes the company's regular gas-cost-adjustment filing to cover costs of buying natural gas for its customers. These costs are passed on to customers with no markup and therefore have no impact on the utility's profits. The "pass-through" adjustments simply enable the company to change rates to reflect changes in gas-supply costs. The request also includes costs related to conservation programs, a low-income assistance program and some system enhancements.
Wagstaff also reminded Questar Gas customers that funds may be available to help income-eligible customers who are elderly or disabled pay their gas bills. Customers can dial 211 for information about utility-assistance programs such as HEAT (Home Energy Assistance Target), a federally funded utility-assistance program, and REACH (Residential Energy Assistance through Community Help), which is funded by donations from Questar customers, employees and shareholders.