Xcel Expects Higher Natural Gas Bills in December

By: Associated Press Email
By: Associated Press Email

Denver (AP) Xcel Energy expects natural gas bills to remain relatively flat next month compared with last December but to increase significantly compared with this month, because of higher expected use.

Xcel has proposed a monthly natural gas commodity price for December of nearly 58 cents per therm, up from about 50 cents per therm this month.

The December 2007 price was about 59 cents per therm.

Xcel says residential customers are expected to increase use by 37 percent in December compared with this month.

Overall bills would increase to $113.97, based on projected use of 134.3 therms. That compares with $78.47 this month, on projected use of 98.07 therms.

The proposed change reflects anticipated natural gas prices only for December. If state regulators approve, the proposed rate would take effect Dec. 1.

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