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Winter Natural Gas Bills Lowest in Past Decade for Columbia Gas of Ohio Customers

Wednesday, June 12, 2013
The traditional bite of old man winter was practically toothless for Columbia Gas of Ohio customers this past winter, as they experienced some of the lowest bills in years.  In fact, they are some of the lowest bills in America.
    
A recently released  study from the U.S. Energy Information administration (EIA) shows that Ohio natural gas costs are the 7th lowest in the nation, placing the state average of $.749 per Ccf (hundred cubic feet) at 43rd in the Country. This is below neighboring states of Indiana (40), Kentucky (35), Michigan (28th), and Pennsylvania (17). This average monthly Ohio residential rate is 18.9 percent lower than the national average.  
    
Average projected residential bills for Columbia Gas of Ohio customers for the 2012-2013 winter heating season, traditionally defined as November through March, were the lowest in 10 years.

Winter Heating Season        Average Projected Residential Bill
         2012-2013                                    $422.42
         2011-2012                                    $440.30
         2010-2011                                    $519.26
         2009-2010                                    $456.28
         2008-2009                                    $825.14
         2007-2008                                    $827.41
         2006-2007                                    $834.20    
         2005-2006                                    $1,062.59
         2004-2005                                    $943.23
         2003-2004                                    $611.25
    
A sharp decrease in natural gas costs over the past decade due to increased supply from the Marcellus and Utica shale deposits, along with aggressive energy conservation programs have helped drive down bills for consumers. These factors have led to Ohioans having some of the lowest natural gas bills in the country.
    
“Natural gas continues to be one of the most efficient and affordable energy resources for Ohioans,” notes Columbia Gas of Ohio President Jack Partridge. “Over the past decade, we have seen a dramatic swing in the availability and cost of natural gas. This has been a tremendous financial advantage for our customers, and many indicators point toward continued ample supply and moderate prices.”

Columbia Gas of Ohio safely delivers clean and efficient natural gas to approximately 1.4 million customers in 61 of Ohio’s 88 counties. With headquarters in Columbus, it is one of the seven energy distribution companies of NiSource Inc. (NYSE: NI) and is the largest natural gas utility in the state. NiSource companies deliver energy to approximately 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England.

Be sure to call 811 at least two business days before you dig. For information about natural gas safety and what to do if you suspect a gas leak, go to SafeGasOhio.org.