Potential for ice and snow this week
SHARE: Scott’s Addition metal sculptor David Sines missing

City implements overall 10 percent reduction in natural gas bill

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

RICHMOND, Va. – Natural gas customers will soon see a savings on their monthly utility bill, announced the mayor’s office on Wednesday.

The first bills to ship out in January 2016 will reflect the lower rate. The Department of Public Utilities, at the urging of Mayor Dwight Jones, will institute an overall ten percent reduction in the entire natural gas bill.

There will be an overall 24 percent reduction in the purchased gas cost. The new rate will change from $0.425 to $0.325 per Ccf (100 cubic feet), said DPU.

To illustrate the rate change, DPU said that average residential customer who uses 70 Ccf’s of natural gas per month will pay approximately $71.11 compared to a current bill of $78.11.

The office maintains that the current rate is less than or equal to surrounding natural gas franchises.

“The City continues to review and adjust the gas costs on a quarterly basis to reflect the price that DPU pays for natural gas and we’ve been able to steadily reduce the costs over the past year,” said Mayor Dwight Jones. “By law, we pass along the cost of the natural gas purchased and delivered to our customers, dollar for dollar without any markup.”

Natural gas is considered the most efficient and economical choice of fuel for home heating, water heating, cooking and clothes drying, according to DPU.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.