Piedmont Natural Gas cuts average residential bills in North and South Carolina

Under a plan newly approved by regulators in both North Carolina and South Carolina, the Duke Energy subsidiary Piedmont Natural Gas intends to reduce customer billing rates beginning this month.

For the average residential customer in North Carolina, these cuts should work out to around $14 per month, while in South Carolina, the reductions will be slightly less, at around $10 per month. In both cases, these savings were brought about by a decrease in the market cost of natural gas compared to the same time last year.

“Piedmont is continually working to keep costs as low as possible for our customers,” Sasha Weintraub, senior vice president and president of Piedmont Natural Gas, said. “We’re happy the downward trend in the cost of natural gas allows us to provide some relief during the winter months when increased usage driven by colder temperatures often results in higher bills.”

At the proposed rates, the average resident should save approximately $170 per year in North Carolina and $116 per year in South Carolina. Nothing is truly final yet, though – winter’s chill affects natural gas usage. So, customers could see even higher bill reductions depending on different factors: North Carolina customers were told to expect up to a $27 per month reduction in winter bills, and South Carolina residents up to $18 per month.

Chris Galford

Recent Posts

West Penn Power announces grid reliability supported through new installation

Greensburg, Pa.-based West Penn Power said Wednesday it had completed upgrades of high-voltage transmission lines that will handle additional demand…

2 days ago

Sen. Whitehouse, Rep. Quigley introduce bill to ease process of building transmission lines

U.S. Sen. Sheldon Whitehouse (D-RI) and U.S. Rep. Mike Quigley (D-IL) are sponsoring a bill that would improve the process…

2 days ago

AES Indiana files to lower residential bills $23 per month in face of lower fuel prices

In its most recent filing with the Indiana Utility Regulatory Commission, AES Indiana requested a decrease in the Fuel Adjustment…

2 days ago

DOE announces more than $200M to modernize, expand hydroelectric power

In a bid to advance new marine energy technologies and bolster hydropower in the United States, the Department of Energy…

2 days ago

Sens. Manchin, Risch introduce legislation to improve cybersecurity in the energy sector

U.S. Sens. Joe Manchin (D-WV) and Jim Risch (R-ID) introduced a bill this week that seeks to improve public-private information…

2 days ago

Vogtle Unit 4 reactor undergoes final major test

Hot functional testing has begun for the Vogtle Unit 4 nuclear power facility in Georgia, the last series of major…

3 days ago

This website uses cookies.