Some good news for Peco Energy natural gas customers: The rate is going down by 7%
since December because of rising energy costs will see a small measure of relief in their upcoming bills.
The gas supply charge is revised every three months, and typically does not arouse much attention as it moves up or down to reflect changes in energy market prices. U.S. natural gas prices ran up significantly in the fall and peaked in November, which was reflected in the big increases in the bills after Dec. 1. Market prices settled in recent months, though turmoil after last week’s Russian invasion of Ukraine may be reflected in future rate fluctuations.
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