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Published: November 15, 2009 03:21 am    print this story  

Break for consumers: Lower natural gas prices lead to rate cuts

By Jessica Legge Borders
Times West Virginian

FAIRMONT — Customers of Dominion Hope and Equitable Gas Co. will save money on their natural gas bills this winter.

In West Virginia, Dominion Hope is headquartered in Clarksburg and has facilities throughout its 32-county service area, said spokesman Bob Fulton.

He said the company, established in 1898, has about 115,000 residential, commercial and industrial customers in the state. Dominion primarily serves North Central West Virginia, the Parkersburg area, Tyler County and the southern part of the state near Madison.

Fulton spoke about what is called the purchase gas adjustment. He explained that Dominion Hope goes out into the market to buy natural gas for its customers, and charges them the purchase price of the gas.

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Photos


Natural gas, which is known to be efficient, clean and reliable, is the main heating fuel for more than half of U.S. homes. It can also run household appliances such as stoves, water heaters and clothes dryers. PHOTO BY TAMMY SHRIVER/Times West Virginian (Click for larger image)



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