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HomeMy WebLinkAbout20110811News Release - Customer Notice.pdfRECEIVED lOll AUG I I AM 10: 18 NEWS RELEASE and CUSTOMER NOTICE CASE NO. INT-G-II-Ol INERMOUNAI GAS COMPAN ~ Å INTERMOUNTAIN r, GAS COMPANYA Su of MOO Re Gr, In. RECEIVED ioii AUG I I AM 10= l 8 UT I L'i\ lJ~r¿ ~);:~~';~; i S bit') ,\ 555 S. Cole Rd. Boise, 10 83709 (208) 377-6000 Intermountain Gas Company files to Decrease Prices BOISE, IDAHO -August 11,2011- Intermountain Gas Company (Intermountain) fied its anual Purchased Gas Cost Adjustment application with the Idaho Public Utilities Commission (Commission) to decrease its prices by $14.4 milion or 5.3 percent. Intermountain has requested that the lower prices be placed into effect on October 1,2011. Based on average weather and usage, residential customers using natural gas for both space and water heating wil save an average $2.18 or 4.2 percent a month, while customers using natual gas for space heating only will see an average decrease of$2.l6 per month or 5.1 percent. Commercial customers, on average, would see a savings of$19.06 (or 7.7 percent) per month. "Supplies of natural gas across the nation continue to remain very strong keeping the wellhead prices stable." said Fran Morehouse, Executive Vice President and General Manager ofIntermountain. "U.S. natural gas production is at an all-time high, and even right here in Idaho, we are seeing this activity. This supply strength is reflected in these lower prices." Intermountain continues to urge all its customers to use energy wisely. Conservation tips and information on governent payment energy assistance are provided through bil inserts and on the company's website (ww.intgas.com). The website also outlines a number of programs to help our customers level out their energy bils over the year, as well as tips to help them minimize the potential impact that cold weather may have during periods of higher natural gas usage. A Purchased Gas Cost Adjustment application is fied each year to adjust the Company's prices so they reflect the costs Intermountain incurs on behalf of its customers. The request is subject to public review and approval by the Idaho Public Utilities Commission. A copy of the application is available for review at the Commission offices and on both the Commission's and Intermountain's websites. Intermountain Gas Company is a natural gas distribution company serving nearly 315,000 residential, commercial and industrial customers in 74 communities in southern Idaho. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU " For more information about MDU Resources, visit the company's website at www.mdu.com. For more information about Intermountain, visit www.intgas.com. ************ Media Contact: Brent Wilde at (208) 377-6000 ~~ INTERMOUNTAIN~ '" GAS COMPANY A Sub of MOO Resrc Gm, In Customer Notice RECEIVED Intermountain Gas Company files to Decreas.llKæ~ AM 10= 18 On August 11, 2011 Intermountain Gas Company (Intermountain)DtilEd ¡ltbanf.ual Purchased Gas Cost Adjustment application with the Idaho Publil;Dìilíf~' ~m~k!lfF'f¡ (Commission) to decrease its prices by $14.4 milion or 5.3 percent. Intermountain has requested that the lower prices be placed into effect on October 1, 2011. Based on average weather and usage, residential customers using natural gas for both space and water heating wil save an average $2.18 or 4.2 percent a month, while customers using natural gas for space heating only wil see an average decrease of $2.16 per month or 5.1 percent. Commercial customers, on average, would see a savings of $19.06 (or 7.7 percent) per month. "Supplies of natural gas across the nation continue to remain very strong keeping the wellhead prices stable." said Frank Morehouse, Executive Vice President and General Manager of Intermountain. "U.S. natural gas production is at an all-time high, and even right here in Idaho, we are seeing this activity. This supply strength is reflected in these lower prices." Intermountain continues to urge all its customers to use energy wisely. Conservation tips and information on government payment energy assistance are provided through bil inserts and on the company's website (ww.intgas.com). The website also outlines a number of programs to help our customers level out their energy bils over the year, as well as tips to help them minimize the potential impact that cold weather may have during periods of higher natural gas usage. A Purchased Gas Cost Adjustment application is filed each year to adjust the Company's prices so they reflect the costs Intermountain incurs on behalf of its customers. The request is subject to public review and approval by the Idaho Public Utilities Commission. A copy of the application is available for review at the Commission offices and on both the Commission's and Intermountain's websites. Intermountain Gas Company is a natural gas distribution company serving nearly 315,000 residential, commercial and industrial customers in 74 communities in southern Idaho. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU." For more information about MDU Resources, visit the company's website at ww.mdu.com. For more information about Intermountain, visit ww.intgas.com.