Intermountain Gas Proposes Increase
Boise, Idaho ( KMVT-TV / KSVT-TV ) - Intermountain Gas Company is asking the Idaho Public Utilities Commission to increase it’s prices by an overall average increase of 2.64% or $6.7 million. The utility filed its annual Purchased Gas Cost Adjustment application earlier this month.
According to the utility, if approved, the increase would be effective October 1, 2014. The main reason for the increase, the company says, is the price of natural gas that is purchased for its customers.
If approved, residential customers using natural gas for space and water heating will see an average increase of 3.81%, or $1.89 per month. Customers using natural gas for space heating only will see an average increase of $1.40 per month, or 3.64%, based on average weather and usage. Commercial customers, on average, would see an increase of $0.31 per month or 0.15%.
The company is also proposing to eliminate the temporary surcharges and credits that have been included in its current prices during the past year. Newer temporary surcharges and credits will be included going forward. Even with this requested increase, the aforementioned gas-cost portion of Intermountain’s prices will be 50% lower than in 2005.