The state's Public Service Commission has approved a Questar Gas Co. application that will keep the utility's current rates in place for the typical homeowner.
The company still has a deficit relating to purchased gas, but that purchased-gas price has stabilized.
The Division of Public Utilities recommended approval of the application but also recommended that the purchased-gas rates be reviewed in September or earlier. The commission approved both recommendations, requiring Questar to provide information in September to determine if a rate adjustment effective in October would be appropriate.
Questar can file semiannually for a cost adjustment relating to its costs of acquiring gas, known as "pass-through" rate cases. About half of customers' gas comes from company-owned wells and the rest is purchased on the wholesale market.
The company recently received approval on a pair of pass-through increases, totaling $230 million and adding $23.62 to the bill of the typical residential customer, who now pays about $75 per month.