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GUC Decreases Natural Gas Rates
August 18, 2011 

Greenville Utilities has reduced natural gas rates for its customers, effective August 1.

Depending upon the amount of gas used, residential customers will see a decrease of approximately 4%. A typical summertime residential natural gas customer using 50 ccf would see a decrease of approximately $2.85 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 nine times, for a total reduction of about 43% or $95/month based on average residential usage.