By Michael Campbell News Editor
VIRGINIA – Dealing with the monthly bills can be quite a chore and take a toll on one’s wallet but, for some Columbia Gas of Virginia customers, their bills will bring a welcome drop in their monthly service costs.
In a statement Thursday, officials with the utility company said customers will see their prices drop by nearly nine percent starting with bills being mailed after March 1, citing lower natural gas commodity prices as the reason for the reduction in customer bills.
The new total residential monthly bill is $119.49 when compared to the current total monthly bill of $130.99, based on a seasonal usage level of 10 Dekatherms (Dth). A Dth is the measurement used for natural gas usage and is the equivalent of 1000 cubic feet (Mcf).
“This reduction in gas costs is good news for our customers and clearly reinforces the need to support a strong natural gas production industry,” said Brent Archer, Columbia’s President. “It’s important to recognize that the ability to make domestically produced natural gas readily available results in a direct benefit for our customers in the amount they pay for monthly service.”
According to Columbia Gas, which serves over 260,000 customers in portions of Northern Virginia, Hampton Roads, suburban Richmond, Central Virginia, and the Shenandoah Valley, the Lynchburg region and parts of Western Virginia, when the company is able to purchase natural gas on the commodity market at a lower price, those savings are passed on to their customers.
For more information or questions, customers can visit http://columbiagasva.com for more details.
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