BOISE, ID – August 14, 2023 – Intermountain Gas Company filed its annual purchased gas cost adjustment (PGA) application with the Idaho Public Utilities Commission to decrease its prices by an average of 20.6% or approximately $86.9 million. The PGA application is filed each year to ensure the costs Intermountain incurs on behalf of its customers are reflected in its sales prices. If approved, the decrease would be effective Oct. 1, 2023.
The primary reason for the proposed PGA decrease is a significant decrease in estimated gas commodity costs for the upcoming year when compared to Intermountain’s recently approved interim PGA. If approved, a typical residential customer would see a monthly decrease of $11.96, or 19.3% based on average weather and usage. Commercial customers, on average, would see a decrease of $72.88, or 24.4%, per month. The cost of natural gas is a straight passthrough to customers; Intermountain does not earn a profit on the cost of natural gas.
Intermountain Gas urges all customers to use energy wisely. For more information about the company’s energy efficiency program and available rebates for installing high efficiency equipment, visit www.intgas.com/saveenergy. Conservation tips, information on government payment energy assistance and programs to help consumers level out their energy bills over the year can be found on the company’s website www.intgas.com.
The request is a proposal and is subject to public review and approval by the PUC. A copy of the applications are available for review at the commission, its homepage www.puc.idaho.gov, as well as the company’s website www.intgas.com. Written comments regarding the applications may be filed with the commission. Customers may also subscribe to the commission’s RSS feed to review periodic updates via email.