July 1, 2013
Contact: Darren Shepherd
Office: (801) 324-5167
SALT LAKE CITY – Questar Gas is asking the Utah Public Service Commission for a $19 million increase in its Utah general rates. If approved, the increase would raise the monthly bill for the typical residential customer by about $1.36, or less than 2.5 percent beginning March 1, 2014.
This general-rate request covers the costs of system maintenance and expansion. It does not include the cost of natural gas that Questar Gas buys for its customers. Gas costs are passed on to customers without markup.
"This request is necessary to ensure our system's reliability and safety," said Craig Wagstaff, Questar Gas executive vice president and COO. "Even though we're investing more into our infrastructure to meet customers' energy needs, we work hard to aggressively control our operating costs and provide natural gas service at rates that are consistently among the lowest in the country."
Over the past two years, Questar Gas has spent about $150 million annually on gas-distribution facilities and customer growth. The utility estimates it will need to invest about $200 million annually over the next few years to ensure safe, reliable service to existing customers and to meet growing demand for natural gas.
"Our employees are providing outstanding service and we are committed to delivering a safe and reliable product at the best price possible," said Wagstaff. "We're asking state regulators to allow us to maintain the high levels of service and reliability our customers have come to expect."
Questar Gas, the utility subsidiary of Questar Corporation (NYSE: STR), provides retail natural gas-distribution service to nearly 1 million customers in Utah, southwestern Wyoming and a small portion of southeastern Idaho.