UNS Gas customers will receive a temporary credit on their accounts. The Arizona Corporation Commission approved an application to credit customers 4 cents per therm between the highest demand periods from November 2016 to April of 2017.
The average customer bill will decrease by almost $3, from $66.81 to $63.93.
Temporary Customer Credit comes from an over collection by the company based on a mechanism in place that allows the company to recoup the cost of natural gas. Any under-collections can be recovered through rates and over-collections are refunded back to the customer when the over-collection balance reaches $10 million in order to get the refunds done in a timely manner.