2024 Mountaineer Gas Company (Mountaineer) filed its annual Application for approval of an Infrastructure Replacement and Expansion Program for 2025 (2025 IREP) with revised IREP rates for 2025 pursuant to W.Va. Code 24-2-1k which authorizes the Public Service Commission (Commission) of West Virginia to approve cost recovery of projects to replace upgrade and expand natural gas utility infrastructure that are deemed to be just and reasonable and in the public interest. In its Application Mountaineer forecasts capital investment for calendar year 2025 of $74 million as part of its multi-year plan. The 2025 IREP covers several categories of plant asset replacements and improvements including mains service lines measurement and regulator stations and house regulators. These plant investments are proposed to be made in Mountaineer service territories throughout the State. These investments are identified in the Application which is on file and available for public inspection at the Commission’s offices at 201 Brooks Street Charleston West Virginia and which may be viewed on the Commission’s website www.psc.state.wv.us. Mountaineer proposes to increase IREP revenues by $8.9 million an overall revenue increase of approximately 2.80%. The IREP investments included in this filing reflect plant additions made or projected to be made from 2023 to 2025. The increased rates are requested to be effective January 1 2025. The IREP rates apply as either fixed or volumetric rate increments depending on the applicable rate schedule under which service is rendered. Mountaineer projects that if the program and IREP rate increase are approved as requested the average monthly bill for its various classes of customers will be changed on January 1 2025
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