- Associated Press - Tuesday, September 1, 2015

SOUTH BURLINGTON, Vt. (AP) - Vermont Gas Systems has proposed a 3 percent rate decrease that would lower costs for the company’s customers.

The company, Vermont’s only provider of piped natural gas, says the move would save the average household about $30 a year.

CEO Don Rendall said Monday this is the 12th time the company has filed for a rate decrease since January 2012. Customers have seen a more than 15 percent reduction.

Vermont Public Radio reports that the change comes as the company continues to build a major pipeline into Addison County. Rendall says those costs are not yet factored into the rates but declined to say if gas rates will increase once they are.

If it’s approved by the Public Service Board, the rate change will go into effect Nov. 1.

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