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Article: PECO Natural Gas Rate Reduction Takes Effect Dec. 1.
- Article from:
- Business Wire
- Article date:
- November 28, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Winter Gas Rate 24% Lower Than a Year Ago
PHILADELPHIA -- Effective December 1, PECO will reduce its natural gas rate by nearly 4 percent, making it the fourth consecutive quarterly rate decrease and rolling rates back 24 percent lower than last December.
The lower rate will mean savings of about $80 a month for the typical residential heating customer using 200 ccf, compared to last winter, and more for larger users. The gas rate will drop from $1.29 per hundred cubic feet (ccf) to $1.24 per ccf. Following the impact of Hurricanes Katrina and Rita, the gas rate rose to $1.65 last year at this time. With improved wholesale market conditions, rate ...