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Show Mountain Fuel Says Rate Increase Won't Quite So Bad, Only $466,756 rates take effect." When the credits are determined, permission will be sought from the Utah and Wyoming Public Service Commissions to apply them to future bills. If the Utah and Wyoming Commissions approve the December 4 increase, $408,821 will apply to Utah customers, the rest to Wyoming customers. The average Utah customer's bill would increase about 5 cents per month. Individual customers may "be affected more or less than that, depending upon their specific usage. Mountain Fuel Supply Company said today that what would have been a requested rate increase of $3.4 million has been reduced to a requested hike of only $466,756. The reduction results from the Federal Power Commission reconsidering recon-sidering and revising a July 27 order which drastically increased the price of natural gas throughout the nation. Mountain Fuel was the only investor-owned gas company in the United States to request a reconsideration of the July 27 order and the only one to send representatives to appear at the rehearing in Washington, D.C., to protest the higher prices. B. Z. Kastler, Mountain Fuel president, said the smaller rate increase now being sought would be approximately ap-proximately offset during the first year by additional credits, yet to be calculated, which will be applied to future gas bills. "The FPC revised their decision and made the revision recalculate the exact amount each customer will receive by way of credit on future bills. First we will have to determine how much of a refund we will receive from the producers to whom we paid the higher prices. Then we will have to calculate how much gas each customer used between September 1 when the new rates took effectt, and December 4 when the revised |
