BUSINESS BRIEF

Columbia Gas announces June residential rates

5/30/2014
BLADE STAFF

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.