Natural gas customers in Richmond will now see lower fuel costs

RICHMOND, Va. (WRIC) — Natural gas customers of the city of Richmond Department of Public Utilities (DPU) will see a savings on their monthly utility bill beginning with the first bills in January 2016.

Mayor Dwight C. Jones has authorized DPU to lower the Purchased Gas Cost (PGC) portion of the natural gas utility bill from $0.425 to $0.325 per Ccf (100 cubic feet).

The distribution charge and customer charge will remain unchanged.

The average residential customer who uses about 70 Ccf’s of natural gas per month will now pay about $71.11 compared to a current bill of $78.11. This equates to a 24 percent reduction in the PGC rate charged by the city and an overall 10 percent reduction in the entire natural gas bill.

“The City continues to review and adjust the gas costs on a quarterly basis to reflect the price that DPU pays for natural gas and we’ve been able to steadily reduce the costs over the past year,” Mayor Jones said. “By law, we pass along the cost of the natural gas purchased and delivered to our customers, dollar for dollar without any markup.”

DPU offers information and programs year-round to encourage customers to better manage their utility bills and seek assistance before bills become unmanageable. DPU also encourages customers to consider enrolling in the Equal Monthly Payment Plan (EMPP) in order to avoid large seasonal fluctuations in their monthly bill. More information about EMPP and other programs is available by calling (804) 646-7000 or visiting DPU’s website.

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