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HomeMy WebLinkAbout20230117Comments(3)_3.pdfFrom:PUCWeb Notification To:Jan Noriyuki Subject:Notice: A comment was submitted to PUCWeb Date:Saturday, January 14, 2023 7:00:08 AM The following comment was submitted via PUCWeb: Name: William A Gale Submission Time: Jan 13 2023 8:05PMEmail: wagale@gmail.com Telephone: 208-949-5959Address: 1946 E Mackay Dr Meridian, ID 83642 Name of Utility Company: Intermountain Gas Case ID: INT-G-22-08 Comment: "RE case INT-G-22-08: I am a geologist and commodities trader. As we enter a significant recession in 2023, oil and natural gas prices are crashing. Specifically, from the brief spike-high price of 9.75 on August 23, 2022, natgas has crashed -65.9% to 3.32 on Jan 10, 2023. Intermountain Gas is taking advantage of that temporary price spike to seek a rate hike of 17.1% and the PUC is smart enough to see that, and deny that request, from the following chart (see https://ycharts.com/indicators/henry_hub_natural_gas_spot_price )" ------ From:PUCWeb Notification To:Jan Noriyuki Subject:Notice: A comment was submitted to PUCWeb Date:Tuesday, January 17, 2023 7:00:06 AM The following comment was submitted via PUCWeb: Name: Brian Shaheen Submission Time: Jan 16 2023 8:17PMEmail: BRNSHHN@GMAIL.COM Telephone: 208-270-9728Address: 4012 S 5th W Idaho Falls, ID 83404 Name of Utility Company: Intermountain Gas Case ID: INT-G-22-08 Comment: "This will be the second rate increase submitted in December of last year submitted by Intermountain Gas. The first was INT-G-22-07 which raises the monthly minimum charge from $5.50 per month to $9.50 per month submitted on 12.01/22, an increase of 60%. Then on 12/27/22, INT-G-22-08 was submitted requesting an Interim Purchased Cost of Gas adjustment, an increase in 16.6%. What does the term "Interim" mean in this context? Does it mean that the Therm rate will fluctuate with the market price of natural gas in the futures market? On Dec 27th. when the=is application was submitted, the futures price for natural gas was $4.475. Down from a peak of $9.336 on 08/15/22. Today, the futures price is $3.681. The long term average for Natural Gas between $5.57 on 12/09 and 1.640 on 03/20. Since 12/21, the price of gas has been artificially high due to extenuating circumstances. As these circumstances fade, the price of gas should return to its historical range of $5 - $2 per BTU. Will this interim increase follow along with decreases as well as increases in the price of natural gas? Or is it just another increase in the cost of living one bite at a time that makes living here increasingly unaffordable because of corporate greed? " ------ Use this form to file a comment or ask a question about a utility case pending before the Commission.If you know the case number,please include it. Submit electronically below or send in to: Idaho Public Utilities Commission PO Box 83720 Boise,Idaho 83720-0074 FAX:(20.8)334-3762 Use the CRû&um_et_Complaint]_inguity_Eofm if you need help resolvinga problem with a utility or have a question about your bill, disconnection of service,service reliability and outages,cost of a line extension,customer service,or other issues that are not related to a utility case. Case Comment Form Use this form to file a comment or ask a question about a case Case Number INT-G-22-08 W Invalid Case No Must be in LLL-U-##-## format (L=Letter U=Utility #-Number)-- First Name Dâniel Last Name Mudrovich Address:866 N Center Way City Star state ID zip 83669 Daytime Phone:,(208)565-8611 Emait mudrooone1@yahoo.com Utility Company:Intermountain Gas I acknowledge that submitting a comment in an open case constitutes a public record under idaho Code §74-101 (13)and all information provided by me on this form is available for public and media inspection.My comment may be reviewed by the utility Ask a question or state your comment: Unjustified for any rate increases! https://puc.idaho.gov/Form/CaseComment 1/9/23,10:08 AM Page 1 of 2