 |
|
|
Updated: 6:20 PM Jan 12, 2009
High Summer Gas Prices Still Impacting Columbia Gas Customers
Even though natural gas market prices have dropped, Columbia Gas customers are still paying for the price hike that happened this past summer. Posted: 5:30 PM Jan 12, 2009Reporter: Meteorologist Lauren Raymer Email Address: lauren.raymer@wkyt.com |
|
3 Comments 
Even though natural gas market prices have dropped, Columbia Gas customers are still paying for the price hike that happened this past summer.
About 50% of the gas used during the winter comes from storage. Columbia Gas purchases gas for the winter during the summer months.
Usually, gas prices are lowest during the summer because there is a decreased demand.
The summer of 2008 was unusual because gas prices were extremely high when gas companies began stocking up. Therefore, customers will still be paying for the high-priced, already purchased gas instead of the current market price.
Columbia Gas offers a budget billing plan to help alleviate high winter heating costs. The plan spreads out customers payments over a 12-month span to create a fairly fixed monthly bill.
Latest Comments
Another company taking advantage of the public without any regulation by the state. How ironic that natural gas prices will drop in March when nobody uses the product for 6 months after that. Gas futures are around 5.00 today and have been under 7.00 since October. We are paying more than double that right now. I also noticed my last bill was 34 days, and my January bill will be 33 days. Since when do we have 34 days in a month?
[ Report Abuse ]
It's all fine and good as long as when it's time for my budget plan to be renewed in July the price goes down dramatically based on the price of gas this winter and it should be as low or even lower next summer.
[ Report Abuse ]
they love a good profit scam, stick it to 'em Columbia/Chesapeake
[ Report Abuse ]
 |
Classifieds
THE place to buy and sell items. Most ads free. |
 |
|
 |
Desktop
Alert Download weather alerts to your computer desktop. |
|
|
 |
FirstAlert Defender Dual Polarity Radar |
|
|
 |
Experts
Got a question? Ask our Health Experts. |
|
|
 |
WKYT Archives
Looking for a video clip? |
|
|
 |
Everyday Heroes
Is someone you know a hero? |
|
|
 |
Crime
Find out how Ray Larson is stopping crime. |
|
|
 |
Crimestoppers
Help bring criminals to justice. |
|
|
 |
Simple Energy Saving Tips
Answers to your questions about energy efficiency and saving money. |
| Ray the D.A. |
