Energy efficiency improvements can help reduce bills, PSC says
FRANKFORT, Ky. (Nov. 1, 2018) – Kentucky residents who heat their homes with natural gas will see somewhat lower prices at the start of the 2018-2019 heating season than they did a year ago, the Kentucky Public Service Commission (PSC) advised today.
Natural gas prices have fallen, on average, about 13 percent from this time last year, and are now about 64 percent below their level ten years ago.
When base rates – which include monthly customer charges and delivery fees – are factored in, Kentucky residential customers can, on average, expect their total gas bills to be about 6 percent lower this November than last, based on heating season consumption of 10,000 cubic feet of natural gas per month. The average total bill for 10,000 cubic feet – including gas costs and base rates, but not miscellaneous charges and credits – is projected to be about $93.71.
Tom Fitzgerald, who has spent nearly four decades advocating for those, “downhill, downwind and downstream,” as was inscribed upon his award, was the recipient of the 2018 Secretary’s Award at the Governor’s Conference on Energy and the Environment.
Governor Matt Bevin was the keynote speaker on the first day of the conference. The governor touted his energy policies, covered cyber security, the changing energy landscape and updating the power grid. He also took questions from the audience which included a discussion on subsidizing alternative energy forms.
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