LG&E says customers should see lower gas bills this winter - WDRB
LG&E says customers should see lower gas bills this winter | News | wdrb.com
LOUISVILLE, Ky. (WDRB) -- Louisville Gas & Electric (LG&E) said customers should see cheaper gas bills this winter.
Tuesday, the utility company said wholesale natural gas prices have dropped this year.
Wholesale natural gas is what LG&E buys to serve homes and businesses. Lower prices up front mean LG&E customers should see lower gas bills on their end.
LG&E said customers have a line item on the natural gas section of their bill that is adjusted quarterly "and passes on the cost the utility pays for the natural gas it delivers to customers $1 for $1, with no markup." The utility company said the next adjustment to that line item will go into effect Nov. 1.
"Based on current prices, LG&E says a natural gas customer, using about 60 ccf (or 6,000 cubic feet) per month will see a bill savings of around 34% compared to the same time last year," the company said in a news release Tuesday, adding that that puts the typical natural gas portion of a customer's bill at about $73.55.
LG&E said it has assistance programs and payment plans available for those who may still have trouble paying.
For more information about assistance programs, click here. Payment arrangements can be made through LG&E's mobile app or through your online customer account.
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