SALT LAKE CITY -- Questar Gas customers may see a more immediate reduction in their rates than usual. The purchase price of natural gas fell and is expected to stay that way for awhile, according to a news release from Questar.
So the company asked the Utah Public Service Commission to approve an immediate $42 million one-time refund to its customers last week. The refund amounts to about $34.50 -- an annual decrease of about 5 percent -- for the typical customer, the release stated.
If approved, the refund will show up as a credit on customers' bills in May.
However, Craig Wagstaff, senior vice president, cautioned customers that prices can quickly change as supply and demand does.