Responding to the continuing abundant supply of natural gas, Questar Gas Co. is asking state utility regulators to allow it to reduce the amount it charges its customers for the fuel by 1.68 percent, or $13.3 million a year.
If approved by the Utah Public Service Commission, the rate cut would lower the typical homeowner’s annual bill by $11.44, or roughly $1 a month.
Questar is hoping regulators will quickly approve the reduction request so it can appear on customer bills beginning Sept. 1.
Questar typically asks Utah regulators twice a year for permission to adjust the amount it charges its customers.
Yet since January 2011, the company’s requests — which are known as "pass-through" rate adjustment — have become a bit more frequent due to the falling price of the fuel brought about by a sharp increase in supply. Salt Lake Tribune
