Thursday, Dec 08, 2016
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Energy

BUSINESS BRIEF

Columbia Gas lowers rates for March users

Columbia Gas of Ohio Inc. said Friday it will charge customers 61 cents per 100 cubic feet of natural gas in March, a decrease of 7 cents from February’s rate. The new rate is based on the New York Mercantile Exchange’s closing price of 49 cents per 100 cubic feet, plus 13 cents for a state-approved service fee.

A year ago, the March rate was 50 cents per 100 cubic feet. With the new rate, the average residential bill will be $125.82 in March, the gas utility predicts. A year ago, the average bill for March was just $97.19.

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