PSC: Kentuckians Will Pay More For Natural Gas

FRANKFORT, Ky. (AP) - The Public Service Commission is warning that Kentuckians will be paying substantially more for natural gas this winter.

PSC Chairman David Armstrong said Wednesday those prices are
going to drive up home heating costs.

Armstrong said the average Kentucky customer will likely pay about 17 percent more this winter than last for natural gas.

The PSC reported Kentucky's five major natural gas distribution companies expect the average wholesale cost this November to be $11.70 per 1,000 cubic feet. That is up $2.24, or 24 percent, from an average of $9.46 per 1,000 cubic feet a year ago.

Heating systems in roughly 44 percent of Kentucky homes are fueled by natural gas.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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