Show Utah Gas Service Co reduces connection deposit rate A Utah Public Service Commission hearing scheduled for Sept 14 on the deposit rate of Utah Gas Service Company has been cancelled With the announcement of reduced security deposits for users of natural gas by officials Gas Service Co last week leaders of Vernal and Moab agreed the hearing is now not necessary Vernal Chamber of Commerce Commerce Commerce Com Com- merce Vernal City and Uintah County along with Moab City the Grand County Economic Development Committee and the Moab Chamber of Commerce Commerce Commerce Com Com- merce had earlier requested a formal hearing from the state agency to protest whey they considered to be deposits charged by the utility TilE THE approved the request for or a hearing and set Sept 14 for or the date Meanwhile Meanwhile Meanwhile Mean Mean- while Utah Gas Service presented a new policy for deposits to the Vernal and Moab governmental bodies The two areas approved the new deposit policy and notified the that the hearing was now not necessary The new deposit rate for homeowners will be 50 as opposed to the old deposit fee for Deposit for occupants of trailers for house renters and for apartment renters will willbe willbe willbe be 80 Security deposit for commercial customers will be based on two months' months estimated usage and that figure can be reduced if the customer can give the gas company satisfaction that he has above average credit Security deposits will be refunded upon customer application application application ap ap- ap- ap after 12 months of the customer continuously paying his bill by the of the month and for those persons who have already a deposit in excess of the new deposit requirement The excess amount will be refunded upon application provided that the customer has paid his bill by the of each month since becoming a customer Other portions of the agreement apply to landlords and to fees charged for reconnect reconnection ion if service is disconnected for lack of bill payment TilE THE SECURITY deposits are areto areto areto to protect the gas company against the risk of payment non-payment of the service to be provided In Inthe Inthe Inthe the event of a payment non-payment Utah Gas Service Company may at its sole discretion use any or all of such security deposit against any debt obligation resulting from nonpayment The Vernal groups opposing the and higher deposit feared that it was discouraging businesses home owners and renters from coming to the Vernal area served by Utah Gas Service co |