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.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.