Columbia Gas of Virginia prices to rise slightly
- November 28, 2012
Natural-gas prices will rise slightly this winter for the 245,000 customers of Columbia Gas of Virginia.
The Chester-based company said Wednesday that the typical residential customer consuming 100 cubic feet of natural gas a month can expect a total monthly bill of $123.09, up 2.3 percent from $120.35 last winter.
The company’s quarterly purchased-gas cost adjustment, which is approved by the State Corporation Commission, reflects the projected cost of natural gas for December, January and February.
The company said low natural gas prices and a warm 2011-12 winter contributed to low bills for most customers in recent months.
Columbia said gas prices are expected to increase in coming months with a return of colder winter weather prompting higher consumer consumption. Meanwhile, natural gas demand also is increasing among commercial customers as the economic recovery continues, the company said.
Columbia Gas of Virginia serves customers in Northern Virginia, Hampton Roads, suburban Richmond, Central Virginia, the Shenandoah Valley, the Lynchburg region and parts of Western Virginia.