HomeMy WebLinkAboutSection V Natural Gas.pdf
1 The Idaho Public Utilities Commission’s fiscal year is July 1st through June 30th.
2 Transportation is nonutility owned gas transported for another party under contractual agreement.
NATURAL GAS
Consumption and prices increased in FY20231
In Idaho, natural gas is supplied to customers by Avista Corporation, Dominion Energy, and Intermountain Gas
Company. Idaho is fortuitous to be located between two large natural gas producing basins: The Rocky Mountain Basin
(Rockies) and the Western Canadian Sedimentary Basin (WCSB).
Individual Idaho Gas Utility Profiles
FY 2023 Statistics Total Residential Commercial Industrial Transportation2
Avista Corporation
Customers 93,382 83,660 9,645 69 8
% of Total 100% 89.59% 10.33% .07% .01%
Therms (millions) 154.28 61.42 35.64 2.29 54.94
% of Total 100% 39.81% 23.10% 1.48% 35.61%
Revenue (millions) $106.26 $70.46 $33.47 $1.76 $0.57
% of Total 100% 66.31% 31.50% 1.66% 0.53%
Dominion Questar Gas
Customers 2,535 2,270 263 0 2
% of Total 100% 89.55% 10.37% - .08%
Therms (millions) 3.17 1.78 1.21 - 0.18
% of Total 100% 56.32% 38.14% - 5.54%
Revenue (millions) $3.40 $2.12 $1.26 - $0.03
% of Total 100% 62.13% 37.11% - 0.75%
Intermountain Gas
Customers 412,897 377,145 35,607 35 110
% of Total 100% 91.34% 8.62% 0.01% 0.03%
Therms (millions) 862.60 312.63 153.80 13.80 382.37 % of Total 100% 36.24% 17.83% 1.60% 44.33% Revenue (millions) $415.17 $272.67 $124.21 $8.40 $9.89
% of Total 100% 65.68% 29.92% 2.02% 2.38%
In FY 2023, overall consumption of natural gas in Idaho increased approximately 2.8 percent. Residential customers
consumed roughly 14.2 percent more and commercial customers consumed roughly 11 percent more natural gas than
the previous year. Industrial consumption increased approximately 2.6 percent and consumption of gas for electric
FIGURE 1. Idaho Historical Natural Gas Consumption Volume
FIGURE 2. Idaho Natural Gas Consumption FY 2023 Percentages
3 Northwest Gas Association 2022 Pacific Northwest Gas Market Outlook
Natural Gas Demand
The Northwest Gas Association (NWGA) forecasts demand for natural gas in the Northwest to grow at a rate of
approximately 0.2 percent per year.3 Forecast demand growth is 1 percent in the residential and 1.4 percent
-1.7 percent per year primarily due to policy mandates.
• Geopolitical issues and worldwide market demands.
• LNG and petrochemical production and exports.
• Energy policies, regulations, and legislation.
Natural Gas Prices
Historical Prices:
-term volatility
Widespread, below-normal temperatures
High natural gas consumption
Reduced natural gas flows
Pipeline constraints, including maintenance in West Texas
Low natural gas storage levels in the Pacific region
FIGURE 3. Idaho Historical Natural Gas Price
The U.S. Energy Information Administration (EIA) projects that additional U.S. LNG exports would increase the natural
because end-use natural gas prices are influenced by spot prices, rising natural gas spot prices ultimately
-use sectors to some degree. Delivered natural gas prices for
nsumers tend to cause changes in spot prices more directly because delivery costs to
– Effects of Liquified Natural Gas Exports on the U.S. Natural Gas Market
FIGURE 4. Natural Gas Spot Prices
Natural Gas Spot Price at the Henry Hub, AEO 2023
4 BLM.gov https://www.blm.gov/programs/energy-and-minerals/oil-and-gas/about/idaho
Natural Gas Production
Until 2008, no commercially viable oil or gas resources had been found in Idaho, despite the drilling of around 150 wells
was discovered in southwest Idaho near Payette
private lands. The resource is a relatively small,
is accessed via vertical and directional drilling, and does not
fracturing (also referred to as fracking).4
FIGURE 5. Idaho Historical Natural Gas Production
The number of wells producing reflects the number of producing wells reporting production as of June 30th of the
-FY 2020 shows 503,289 Mcf (1,000 cubic feet) produced during the year, all wells were
a maximum number of
FIGURE 6. Idaho Historical Natural Gas Producing Wells Summary
0
1000
2000
3000
4000
5000
2015 2016 2017 2018 2019 2020 2021 2022 2023
Idaho Natural Gas Production
Source Idaho Department of Lands 10/2/2023
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RNG is pipeline-quality biomethane produced from biogas. Biogas is the mixture of gases produced by the breakdown of
terials such as agricultural waste, manure, municipal waste, plant material, sewage, or food
in their operations or used the gas to generate electricity. A number of
than traditional natural gas. Given current State
ies are monitoring RNG production activity and government policies as they continue to look for
Natural Gas Summary
Idaho residential, commercial, industrial, and transportation users of natural gas experienced increased prices and, in
constrained availability of natural gas, this fiscal year. Price volatility and natural gas inventories are
reserves could put upward pressure on prices.
-
Commission for the Fiscal
Intermountain Gas Company
COMMISSION SCHEDULES PUBLIC WORKSHOPS ON INTERMOUNTAIN GAS
Commission has scheduled public informational workshops to share information on an
Commission may approve, reject,
Commission, the monthly bill for the average residential customer
4.4 percent. The monthly bill for the average commercial customer would
staff will hold public informational workshops in Pocatello and Twin Falls on Wednesday, March 15. A
Commission
-
hop, please call 1-415-655-0001 and enter meeting number 2457 823 8326. To watch the
-mail address and this password: Pocatello
attending can do so in-person or online. To listen to the workshop, please call 1-415-655-0001
please enter your name, e-mail address and this
Falls Meeting. The workshop in Twin Falls will conclude at 9:00 p.m. (MDT) or after all questions have
Commission
-A. Those interested in attending can do so in-person or online. To participate
-415-655-0001 and enter meeting number 2461 848 6162. To watch the workshop
hogov.webex.com and enter meeting number 2461 848 6162. At the next window, please
-mail address and this password: Boise Meeting. The workshop in Boise will conclude at 9:00 p.m.
Written comments on the application are being accepted until Wednesday, April 26, 2023. Comments must be filed
through the Commission’s website or by e-mail unless computer access is unavailable. To comment using the website,
-G-22-07.
-mail, those submitting comments must e-mail their comments to the Commission secretary and
-mail addresses listed below.
puc.idaho.gov/case/Details/6936.
Commission will hold two hearings on a proposed settlement that would set new rates for the
Commission, average residential customer bills would increase by $0.70 per
-person at the Commission, 11331 W. Chinden Boulevard, Building 8, Suite 201-
-415-655-0001, and enter meeting number 2630 884 3847. Next, please enter numeric password
d in listening to the hearing can call 1-415-655-0001, and enter meeting number 2633 028 3230.
Hearing. Next, please click on the
-mail address, and then click on the
Commission is accepting written comments on the proposed settlement until June 8, 2023. Comments are required
Commission’s website or by e-mail unless computer access is not available. To comment
Commission
-G-22-07. To file by e-mail, comments must
Commission secretary and Intermountain Gas at the e-mail addresses listed below.
APPROVES NATURAL GAS UTILITY’S APPLICATION THAT WILL
Commission recently approved Intermountain Gas Company’s application that will reduce
will see a monthly decrease of $72.88.
-rate component and a gas-related cost component. The base-rate component is
Purchased Gas Adjustment—gas-related costs—