Questar Gas asks Utah PSC to cut natural gas rates by $12.4 million
Sep 09, 2015 10:38AM
● By Rhett Wilkinson
Questar Gas, led by Craig Wagstaff, is requesting a decrease of $12.4 million in its Utah natural gas rates. Photo courtesy Jerilyn Stowe
“The U.S. energy industry is seeing more natural gas come into the market than ever before,” Questar Gas President Craig Wagstaff said. “As a result, we’re paying less for supplies and passing the savings on to customers.”
Natural gas prices can fluctuate with changes in supply and demand, he added.
request includes the company's regular gas-cost-adjustment filing to
cover costs of buying natural gas for its customers. The costs are
passed on to customers
with no markup and 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 and other costs, according to a press release.
Funds may be available to help income-eligible customers who are elderly or disabled pay their gas bills, Wagstaff said. 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.