With overall energy prices falling worldwide, Peoples Natural Gas Company has filed a 2.5 percent rate decrease request with the state Public Utility Commission. The new natural gas rates would take effect on October 1st.
With PUC approval, the average monthly bill for a typical Peoples residential consumer would drop from $74.57 per month to $72.69 per month.
Peoples serves about 736,000 customers in western Pennsylvania, including in Indiana County. The PUC will schedule hearings to examine the rate decrease request. Currently, it is conducting its hearings electronically.
Peoples last week announced that its $4.275 billion sale to Essential Utilities, Incorporated has been completed. Essential operates gas, water, and wastewater companies in ten states
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