Residential customers of Columbia Gas of Ohio, in Northwest Ohio and across the state, could see their gas bills decrease by up to 25-percent in March compared to what they paid in February. The company has announced that the March GCR is $1.13926 per Ccf (hundred cubic feet).
This is a decrease of $.14135 per Ccf from the February GCR adjustment of $1.28061 per Ccf.
The average consumption of a typical residential customer during March is 140 Ccf. At that level, the average monthly bill will be $206.22. That compares with an average bill of $274.23 and consumption of 170 Ccf during February, or approximately a 25 percent lower total bill.
The decrease in the GCR is the result of a reduction in the cost of natural gas in the U.S. gas market following mild temperatures in January and a higher than normal storage inventory.