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GUC Decreases Natural Gas Rates
November 1, 2010
Greenville Utilities has reduced natural gas rates for its customers, effective
November 1.
Depending upon the amount of gas used, residential customers will see a decrease of approximately 7%. A typical wintertime residential natural gas customer using 75 ccf would see a decrease of approximately $6.11 per month.
Natural gas prices have continued to decline due to increasing supply and decreasing demand. As a result, the market price of natural gas has decreased significantly, and GUC is passing those projected savings on to our customers.
Including this most recent decrease, since August 2008, GUC has reduced customers’ gas rates eight times, for a total reduction of about 44% or $70/month based on average residential usage.
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