Columbia Gas of Ohio Inc. said Thursday that the June rate for its residential natural gas customers will be 60 cents per hundred cubic feet.
The rate is based on a recent closing price of 46 cents per hundred cubic feet on the New York Mercantile Exchange, and 14 cents for a state approved service fee. With the new rate, the gas utility said the average consumer bill in June will be $40.93.
Last June the rate was 54 cents per ccf and the average bill was $40.87. The current rate for May is 62 cents per ccf.