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BGE natural gas customers could see 5% drop in bill

Petroleum IndustryNatural GasNatural ResourcesEnergy ResourcesBaltimore Gas and Electric Co.Mergers, Acquisitions and Takeovers

Baltimore Gas and Electric Co. said Tuesday that natural gas customers could anticipate a nearly 5 percent decrease in their bill for the upcoming winter.

The bill for a typical residential customer is expected to total $556 for the period between Nov. 1 and March 31, 2012, down from $584 a year ago, BGE said.

The utility said the decline was driven by the more normal winter conditions expected this year — compared to last winter's colder-than-normal weather — and lower cost for natural gas.

The price for natural gas is expected to drop about 2 cents from a year ago to 60 cents per therm this winter.

Hanah.cho@baltsun.com

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