Citing Dropping Natural Gas Prices, Intermountain Gas Proposes Rate Decrease for Residential, Commercial Customers 

click to enlarge INTERMOUNTAIN GAS
  • Intermountain Gas
Pointing to a decline in the price of natural gas that it purchases for its customers, Intermountain Gas is proposing a rate decrease of approximately 10.2 percent. If approved, the decrease would be effective Monday, Oct. 1 and drop the monthly bill of an average residential customer by about $4.12. Commercial customers, on average, would see a decrease of about $21.89 per month.

The proposal still needs a full review and approval from the Idaho Public Utilities Commission. A copy of the proposal can be viewed by clicking here.

"Because of industry-specific technological advances in exploration, production and energy efficiency measures, nationwide supply of natural gas continues to outplace demand, which contributes to lower natural gas prices," said Intermountain Gas exeuctive vice president Scott Madison in a prepared statement.

The proposed decrease is part of a Purchased Gas Adjustment application which is filed each year by the utility.
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