Intermountain Gas Company wants lower natural gas rates
Intermountain Gas Company filed a request Thursday with the Idaho Public Utilities Commission to lower natural gas rates for its customers. The company says it is filing the interim purchased gas adjustment because the price of natural gas continues to decrease.
Intermountain is requesting that rates be reduced by an average of 4.5 percent. Based on average weather and usage, officials say, residential customers using natural gas for space and water heating will save an average of $2.24 or 4.4 percent per month. Commercial customers, on average, would see a savings of $10.99 or 4.8 percent per month.
If approved, the rate reduction will take effect on February 1, 2012.
“We are pleased to make this filing in light of the extremely favorable natural gas pricing environment. If approved, this marks the fifth consecutive price reduction for our customers over the last four years,” said Frank Morehouse, Executive Vice President and General Manager for Intermountain.
The request is subject to public review and approval by the Idaho Public Utilities Commission.
(photo: courtesy puc.idaho.gov)