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Delmarva Power cuts natural gas rates

Delaware Public Media

For a fifth straight year, Delmarva Power customers will get a break on their natural gas costs.

The average home will save a little under $17 a month once the new prices take effect November 1st with proration.

That’s a 12.9 percent drop from current rates.

The average residential cost for natural gas in Delaware hasn’t been this low since 2004 according to the federal Energy Information Administration.

Nationwide, prices are a bit lower than in the First State, though they’re also on a slight downward trend.

Cheaper natural gas, on average in the U-S hasn’t been seen since 2003.