Natural gas costs increase only slightly

Natural gas costs at the start of the 2014-2015 heating season will be only slightly higher than last year, the Kentucky Public Service Commission (PSC) has said.

Gas prices remain well below the peak reached in 2008, the PSC said.

On average, Kentucky customers can expect to pay about 4.58 percent more this November than last, based on consumption of 10,000 cubic feet of natural gas. The average total bill for 10,000 cubic feet - including base rates - is projected to be about $106.48.

That is down more than $44 since November of 2008 - a decrease of 29 percent. The lower cost of natural gas has more than offset increases in base rates over that time.

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