Columbia Gas to lower its rates

TOLEDO (WTOL) - Columbia Gas has announced it's lowering its gas cost recovery to 77 cents per 100 cu. ft.

That's down 26 percent from April of last year and the lowest its been since Feb. 2004.

With the new adjustment an average bill of $138 in 2008 will now cost around $101. These prices impact only the 19 percent of Lucas County customers who purchase their natural gas directly from Columbia Gas.

The new rate starts March 31 and runs through April 29.

But even with the sharp drop in natural gas costs, Columbia Gas still encourages customers to conserve energry to save even more.