Skip Ribbon Commands
Skip to main content

For Immediate Release

Contact

New Delmarva Power Natural Gas Rates Take Effect

NEWARK, Del.  - On November 1, 2014 two gas rate changes, previously approved by the Delaware Public Service Commission (PSC), will take effect. The rate changes will result in an overall decrease in rates for natural gas customers this winter. This represents the fourth straight year of gas cost reductions for Delmarva Power customers.

The rate changes stem from Delmarva Power's annual application for the Gas Cost Rate (GCR) and the Environmental Surcharge Rate (ESR).  The decrease associated with these two changes (GCR decrease and ESR increase) will result in an overall monthly bill decrease of $10.17 or about 7.3 percent for residential customers who use 120 CCF of natural gas per month during the heating season. This will reduce the average residential bill from $139.33 to  $126.16.  The savings will vary based on customer usage.

The rate decrease is a result of lower market costs for the gas. The gas cost rate is a dollar-for-dollar pass-through to customers for the gas Delmarva Power buys for its customers. The utility is permitted to recover its costs for buying the gas but not to earn a profit on the sale.

Commercial and industrial customers' rates also would decrease in the range from 3.5 percent to 12.8 percent. The monthly bill impact among those customers will vary with usage.

Delmarva Power encourages customers to visit www.delmarva.com for information on saving energy and money in their home or business. The company also offers customers Budget Billing, a fixed payment plan based on the customer's 12-month average bill. Customers can enroll online or by calling 1-800-375-7117. 

© Delmarva Power & Light Company, 2020. All Rights Reserved.