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Article: PECO To Increase Its Natural Gas Commodity Charge June 1.
- Article from:
- Business Wire
- Article date:
- May 29, 2008
CopyrightCOPYRIGHT 2008 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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PHILADELPHIA -- Effective June 1, PECO will increase its gas commodity charge because, just like other heating fuels such as oil and propane, the cost of natural gas has risen on the wholesale market since the company's last adjustment in March 2008.
The new rate means the average residential heating customer using 80 Ccf of natural gas will see an increase of $23.55 on their monthly bill. This is a change from about $118 to $141, or 20 percent on the average residential customer's total bill. The average residential customer uses about 20 Ccf of natural gas during the summer months, which ...