The cost of heating a home has risen significantly across North America. Here s an update on what has been happening with energy costs and a few ideas on how you can cope with winter gas bills. Currently, prices are higher because of greater demand and lower supplies.
Weather is an important factor in determining how much a customer pays each month for natural gas.
Intermountain Gas Company periodically adjusts its prices to reflect changes in natural gas commodity costs. The price Intermountain Gas Company pays for natural gas fluctuates, yet the price we pass on to the customer is normally adjusted once each year. When we pay less for the gas, we also defer the savings and pass those savings back to our customers through the same PGA mechanism. N atural gas is a commodity traded on the open market, and like other commodities throughout the United States, natural gas prices are subject to the laws of supply and demand. Supplies of natural gas are temporarily tight, which has led to higher prices.