Dominion East Ohio's monthly natural gas price for residential customers who are on the Standard Choice Offer is going down for March.
Effective March 15, the SCO will be $2.58 per thousand cubic feet (mcf). The rate is 76 cents, or 22.7 percent lower than the February SCO of $3.34/mcf. It is 85 cents or 49 percent higher than the March rate a year ago of $1.73/mcf.
The SCO is a monthly rate determined by a state-approved formula.
The average SCO/SSO residential customer’s bill for the month of March will be $72.12, up $16.33, or 29.3 percent, from $55.79 in March 2016.
All Dominion East Ohio residential customers also pay two state-approved charges directly to Dominion, regardless of their supplier to pay for delivery and other utility costs.
Customers pay a fixed $26.16 for the basic monthly charge and a usage-based charge, which is increasing by 9 cents/mcf.
Go to www.ohio.com/betty to learn more about the SCO, which consumer columnist Betty Lin-Fisher continues to recommend.