SALT LAKE CITY – Dominion Energy Utah is requesting an increase in its Utah natural gas rates. If the request is approved by the Public Service Commission of Utah (PSC), the monthly bill for the typical residential customer will increase by about $1.48 beginning Nov. 1.
Because gas prices fluctuate daily, we use forecasts to set steady rates and make adjustments every six months to balance out any over or under collections in our gas-balancing account, which typically results in an increase or decrease for the next six months.
This request includes the company’s regular gas-cost-adjustment filing to cover costs of buying natural gas for our customers. These costs are passed on to customers with no markup and therefore have no impact on the utility’s profits. The “pass-through” adjustments simply enable the company to change rates to reflect changes in gas-supply costs.
Dominion Energy Utah reminds customers that funds may be available to help income-eligible customers who are elderly or disabled pay their gas bills. Customers can dial 211 for information about utility-assistance programs such as HEAT (Home Energy Assistance Target), a federally funded utility-assistance program, and REACH (Residential Energy Assistance through Community Help), which is funded by donations from Dominion Energy Utah customers, employees and shareholders.
About Dominion Energy Utah
Dominion Energy Utah is a subsidiary of Virginia-based Dominion Energy (NYSE: D) and provides natural gas service to 1 million homes and businesses in Utah. The company’s reputation is built on delivering safe, reliable natural gas to heat homes and water, cook food, clean clothes and help fuel the economy. For more information about the company, visit its website at www.dominionenergy.com.
For further information: contact Darren Shepherd at Darren.Shepherd@dominionenergy.com, 801-324-5167