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Natural gas costs expected to be higher in Kentucky

Natural gas costs expected to be up in Kentucky
Posted at 12:53 PM, Oct 27, 2017
and last updated 2017-10-27 12:53:43-04

FRANKFORT, Ky. (AP) — Utility regulators say Kentuckians who heat their homes with natural gas will see somewhat higher prices compared to a year ago.

The Kentucky Public Service Commission says gas prices have risen, on average, about 13 percent from this time last year, but are about 58 percent below peak prices in 2008.

The PSC says when base rates are factored in, Kentucky residential customers, on average, can expect their total gas bills to be about 12 percent higher this November than a year ago, based on consumption of 10,000 cubic feet of natural gas.

It says the average total bill for 10,000 cubic feet of gas is projected to be about $99.57. That includes gas costs and base rates, but not miscellaneous charges. That’s up $10.49 from last year.