Nearly every natural gas utility again raised their prices in September, causing more concern for consumers’ gas bills with winter just around the corner. These supply rates, some double or triple the utilities’ 2020 prices, are the result of the extreme cold that hit the nation back in February. As we head into colder weather, it is critical to factor these high prices into your usage.
The price per therm you’ll pay for natural gas in September, also known as the Purchased Gas Adjustment, or PGA, is shown in the chart below. It includes PGAs from this month, last month and September 2020 for comparison. Hover your mouse over the graphic to show prices.
The high prices we are seeing are the lingering effects of record-low temperatures that hit parts of the United States in February, disrupting gas supply across the nation and causing power outages in Texas.
As temperatures begin to drop heading into cooler months, it is important to be prudent with your natural gas usage, especially with these high prices. Visit CUB’s Gas page for more information on energy efficiency and tips to help you save on your bills.
And if you’re having trouble paying your bills, please contact your utility immediately.