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Columbia Gas Announces Rate Decrease 05-18-2009

June could provide a small relief on the cost of natural gas prices from Columbia Gas.

The company filed a Gas Cost Recovery adjustment of $0.73 per 100 cubic feet.

That would make the average bill around $34.00 per person, but only for those people who purchase their natural gas directly from Columbia Gas.

People who purchase their gas from a third party marketer may not see the savings.

Gas utilities are not allowed to profit on the sail of natural gas to customers.

The GCR represents a significant dip from the same time last year, when the cost was $1.34 per CCF.

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