×

New gas rates to go into effect

Peoples Natural Gas customers will pay less for their gas starting Monday.

The quarterly adjusted cost recovery rate will decrease from $4.13 per thousand cubic feet to $3.23 per mcf through Sept. 30, said Carol Scanlon, Peoples manager of rates and regulations.

With the decrease, the average residential customer who uses 86,000 cubic feet per year, or 7.2 mcf per month, will see a monthly bill de­crease from $73 to $66.

“The reason for the decrease is due to market prices being down. The commodity gas cost is a straight dollar-for-dollar pass through from Peoples to the customers,” Scanlon said.

Peoples serves about 31,200 customers in Blair County.

COMMENTS