Columbia Gas of Ohio Inc. said Friday that it will charge customers 50 cents per 100 cubic feet of natural gas in July, a 4-cent decrease over June. The rate is based on the New York Mercantile Exchange’s closing price of 37 cents per 100 cubic feet, plus 13 cents for a state-approved service fee.
A year ago, the rate was 43 cents per 100 cubic feet. With the new rate, the average residential bill will be $32.24 in July.
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