Columbia Gas of Virginia reduces natural gas prices 7.5 percent

 

economic-forecast-headerColumbia Gas of Virginia customers continue to benefit from low natural gas commodity prices with a 7.5 percent reduction in total customer bills.  The proposed prices take effect with customer bills being mailed this week.

The new total residential monthly bill is $101.83 when compared to the current total monthly bill of $110.11 and is 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).

“The tangible benefits from the ongoing availability of abundant domestic natural gas production is clearly reflected in the lower costs our customers pay for their monthly service,” said Brent Archer, Columbia’s President. “This gas cost adjustment continues the trend of historically low natural gas costs, and that is good news for our residential, commercial and industrial customers.”

When Columbia Gas is able to purchase lower-priced natural gas on the commodity market, it is passed along directly in the form of lower prices to the more than 255,000 residential, commercial and industrial customers Columbia Gas serves across Virginia.

 

About Columbia Gas of Virginia

Columbia Gas of Virginia delivers safe, reliable and clean natural gas to over 252,000 customers in portions of Northern Virginia, Hampton Roads, suburban Richmond, Central Virginia, and the Shenandoah Valley, the Lynchburg region and parts of Western Virginia. NiSource (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers through its local Columbia Gas and NIPSCO brands.  More information about Columbia Gas of Virginia and NiSource is available at www.ColumbiaGasVa.com and www.nisource.com. Always call 811 before you dig and Dig with CARE.