Monday, November 01, 2010
Natural Gas Stabilized For Winter
KENTUCKY...
The Public Service Commission says Kentucky residential gas customers will see a small increase in heating costs this winter.
The PSC said natural gas prices have stabilized, and Kentucky customers can expect to pay about seven percent more this November over last year in homes where 10,000 cubit feet of gas is consumed. But the PSC noted that the average bill would be 35 percent lower than in 2008.
PSC Chairman David Armstrong noted that winter temperatures are the main factor in determining the amount of energy consumed by a household.
Armstrong says fuel prices have stabilized in large part because the sagging economy has reduced demand.
The Public Service Commission says Kentucky residential gas customers will see a small increase in heating costs this winter.
The PSC said natural gas prices have stabilized, and Kentucky customers can expect to pay about seven percent more this November over last year in homes where 10,000 cubit feet of gas is consumed. But the PSC noted that the average bill would be 35 percent lower than in 2008.
PSC Chairman David Armstrong noted that winter temperatures are the main factor in determining the amount of energy consumed by a household.
Armstrong says fuel prices have stabilized in large part because the sagging economy has reduced demand.