For Immediate Release
NEWARK, Del. (Oct. 27,
2016) - Delmarva Power today announced that residential natural gas customers will see
an increase in their monthly bill of $6.63 or about 5.8 percent starting
November 1, 2016. Overall, a residential customer's average monthly gas bill
will change from approximately $114.65 to $121.28. Billing impact will vary based on customer
This change in gas supply rates stems from Delmarva Power filing the annual
Gas Cost Rate (GCR) adjustment on August, 31, 2016 with the Delaware Public
Service Commission (DE PSC) to reflect the changing cost of procuring natural
gas for its customers. The GCR increase
is reflective of the costs associated with natural gas as well as its
transportation into the region.
Natural gas is still the most affordable heating source for homes and
businesses this winter. Since 2010, Delmarva
Power customers have experienced a 28% ($48) decrease in total natural gas
bills. This is the first GCR increase
for Delmarva Power customers in five years.
The (GCR) is a dollar-for-dollar pass-through to customers for the natural
gas Delmarva Power buys on their behalf. The company is permitted to recover
its costs for buying the commodity but does not earn a profit on the sale. Delmarva Power's purchase of natural gas is
overseen by the DE PSC.
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
Find additional information by visiting www.delmarva.com, on Facebook
at www.facebook.com/delmarvapower and on Twitter at
www.twitter.com/delmarvaconnect. Our mobile app is available at www.delmarva.com/mobileapp.