Final Columbia Gas GCR lower than 2009Written by Kristen Criswell | | email@example.com
Columbia Gas of Ohio’s March natural gas costs will be 53 percent lower than they were in March 2009, according to a news release.
Columbia Gas filed a March Gas Cost Recovery (GCR) of $.44 per 100 cubic feet. In 2009, the cost was $.95 per 100 cubic feet.
According to the release, the average residential bill for Columbia Gas customers in March will be $70.73.
By law, Columbia Gas is required to adjust its cost per month based on market conditions.
Columbia Gas is scheduled to participate in a wholesale gas supply auction in February to obtain supplies for its sales customers for April 2010 through March 2011. If the Public Utilities Commission of Ohio approves the auction results, the GCR pricing would be replaced with the Standard Service Offer.
For more information about Columbia Gas visit, www.columbiagasohio.com.