INFRASTRUCTURE REPLACEMENT AND EXPANSION PROGRAM (IREP)

On July 31, 2024, Mountaineer made a filing with the PSC to increase the IREP rates for all customer classes. Mountaineer plans to spend $74 million in 2025 for infrastructure improvements, with the majority to replace aging bare-steel distribution mains.

This investment ensures Mountaineer continues to provide safe, reliable service to its customers. The proposed increase is $0.438 per Mcf for residential customers and $0.247 per Mcf for general service customers.

Based on average annual usage of 72 Mcf for a residential customer, the annual increase would be $31.56, or $2.63 per month on average. The proposed changes in rates will become effective January 1, 2025, unless otherwise ordered by the PSC. When combined with the lower purchased gas cost rate, the typical residential customer, with an average monthly usage of 6 Mcf, will save $8.22 per month, or approximately 9.25%.