Supply cost is up 12.3 percent
LEXINGTON, Ky. (Aug. 28, 2014) — Columbia Gas customers can expect to see their monthly bills increase this fall.
The Kentucky Public Service Commission (PSC) approved the most recent Gas Cost Adjustment by Columbia Gas, raising the gas supply cost to $6.8904 per Mcf (1,000 cubic feet), a 12.3 percent increase.
The new gas supply cost will remain in effect until the next scheduled adjustment in December.
A customer’s monthly bill is comprised of two primary components: the gas supply cost and delivery costs. The delivery charges cover the cost of delivering the gas to the customer’s home or business through the company’s pipeline infrastructure, as well as other services, such as line inspection, repair and 24-hour emergency service. The gas supply cost includes the commodity cost, interstate pipeline charges and storage costs. The gas supply cost charges typically account for about half of a customer’s monthly bill.