SALT LAKE CITY — Questar Gas asked the Public Service Commission of Utah on Tuesday to cut natural gas rates by $13 million. If the commission approves the cut, the average homeowner will save about $10 a year, beginning Feb. 1.
“Plentiful supplies of natural gas nationwide and warmer weather have resulted in a glut of natural gas,” Craig Wagstaff, senior vice president of Questar Gas, said in a statement.
However, Wagstaff cautioned that natural gas prices can fluctuate as supply and demand does.
This request would take effect the same time as another request, made in December, to reduce rates by $770,000. That reduction was to account for the company’s system-enhancement and conservation-program costs.