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As temps drop, so too are natural gas costs - 1150AM/101.7FM WDEL

1150AM/101.7FM WDEL · last updated

As temps drop, so too are natural gas costs | The Latest from WDEL News | wdel.com

Starting Wednesday, November 1, 2023, Delmarva Power customers will be seeing a rate reduction on their natural gas bills.

The utility applied in August to the Delaware Public Service Commission for an 18-percent reduction in what they charge for natural gas.

Company officials said that should result in a cost savings of $16.30 for households that use an average of 56 CCF per month.

"We know cost is top of mind for our customers and this adjusted rate ahead of the winter months can make a difference for the customers we serve," said Doug Mokoid, Delmarva Power region president, in a prepared statement.

Delmarva said by purchasing and storing about half of the natural gas it needs during summer months when bulk costs are lower, it's able to offer the rate decline to customers.

The utility said it also offers energy efficiency programs and energy saving information to help customers reduce their energy usage. Information for those programs can be found at delmarva.com/WaysToSave.

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