Dominion announces choice rate for June
WARREN – June rates for Dominion East Ohio’s Standard Choice Offer / Standard Service Offer customers will drop about 3 percent from May.
New rates, effective June 12, will be $5.049 per thousand cubic feet (mcf) of natural gas, down about 17.6 cents from May rates, the utility company announced Tuesday.
The rates apply to choice-eligible customers who do not purchase natural gas from an Energy Choice supplier or participate in a governmental aggregation program. All Standard Choice Offer customers pay the same rate for natural gas, no matter which supplier is assigned to them. Rates change monthly, based on national natural gas market prices.
The newly announced rates are about 30 cents higher than rates this time last year. Dominion officials said the increase stems from higher national market prices resulting from abnormally harsh winter temperatures.