Columbia Gas of Virginia files to reduce prices
Published 4:37 pm Saturday, November 7, 2015
Columbia Gas of Virginia has filed to reduce natural gas prices in time for the peak winter heating season. The proposed prices would result in a 10.26-percent decrease in total monthly customer bills when compared against the same period last year. The proposed prices would take effect Nov. 30, 2015.
The proposed total residential monthly bill is $114.05 when compared to the December 2014 total monthly bill of $127.09 and is based on a seasonal usage level of 100 Ccf. A Ccf is the measurement used for natural gas usage and is the equivalent of 100 cubic feet.
“The availability of abundant domestic natural gas continues to have a direct positive impact that benefits our customers,” said Brent Archer, Columbia’s president. “This proposed price reduction means our customers will save an average of $13 per month compared to last winter. That’s good news to share as we enter the peak winter heating season.”
When Columbia Gas is able to purchase lower natural gas on the commodity market, it is passed along in the form of lower prices to the more than 252,000 residential, commercial and industrial customers Columbia Gas serves across Virginia.