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12-14-2008, 08:41 AM
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Location: Raleigh, NC
163 posts, read 985,648 times
Reputation: 63
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My bill shows $1.42/therm.
Chicago, IL gas cost is $0.65/therm
Seems I read something from them that they don't make money on the gas, more on the service charge. If I read that correctly it's obviously untrue.
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12-14-2008, 08:47 AM
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Location: Middle Creek Township
2,034 posts, read 4,239,320 times
Reputation: 532
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I don't know about the price per therm, but I do know that I am always amazed at how little my gas bill is every month. I am on the equal payment plan and I am paying $53.00 per month and that is for heat, hot water, fireplace and gas stove. I don't know how it can get any cheaper than that for a decent size 3 bedroom home.
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12-14-2008, 09:10 AM
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Location: Chapel Hill, NC
1,105 posts, read 2,637,384 times
Reputation: 602
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Quote:
Originally Posted by Charlton Dude
I don't know about the price per therm, but I do know that I am always amazed at how little my gas bill is every month. I am on the equal payment plan and I am paying $53.00 per month and that is for heat, hot water, fireplace and gas stove. I don't know how it can get any cheaper than that for a decent size 3 bedroom home.
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The gas stove and fireplace contribute relatively little to your gas usage. (Unless of course your home doubles as a restaurant.) Hot water isn't so bad, generally speaking. Heat is the bulk of the gas use. |
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12-14-2008, 09:17 AM
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Location: Middle Creek Township
2,034 posts, read 4,239,320 times
Reputation: 532
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Quote:
Originally Posted by geoff2v
The gas stove and fireplace contribute relatively little to your gas usage. (Unless of course your home doubles as a restaurant.) Hot water isn't so bad, generally speaking. Heat is the bulk of the gas use.
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No argument there, but I still can't believe how cheap it is. |
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12-14-2008, 01:15 PM
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Location: Durham, NC
1,049 posts, read 3,685,751 times
Reputation: 732
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I find mine to be really cheap too (coming from Michigan though, so I'm used to high gas bills). We have a gas stove... electric dryer... 3400 sq ft house, and our bill is around $55/mo too!
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12-14-2008, 02:37 PM
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1,788 posts, read 3,791,303 times
Reputation: 1054
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Some of you must have electric heat. There is no way you heated a 3400 sq ft home with temperatures in the 20s-40s all month for $53 per month. My home is about 2200 sq ft and my last bill was $143, I set my thermostat at 65 during the day and 63 at night. Something is not right in the above examples. You either do not use all gas heat, or were only billed for a partial month before the true cold spell hit.
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12-14-2008, 02:46 PM
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Location: North Carolina
531 posts, read 1,917,659 times
Reputation: 305
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Quote:
Originally Posted by CarolinaCowboy
Some of you must have electric heat. There is no way you heated a 3400 sq ft home with temperatures in the 20s-40s all month for $53 per month. My home is about 2200 sq ft and my last bill was $143, I set my thermostat at 65 during the day and 63 at night. Something is not right in the above examples. You either do not use all gas heat, or were only billed for a partial month before the true cold spell hit.
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No, I think these folks are participating in the "equal payment plan" which the gas company offers. They compute how much gas you use per year, divide by 12, and then you pay the same amount every month. So they are also paying $53 per month in July!!
To respond to the OP (remember that?), does Chicago have a huge monthly service charge? |
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12-14-2008, 07:53 PM
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Location: Raleigh, NC
163 posts, read 985,648 times
Reputation: 63
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Here's a chart from Illinois showing historical nat.Gas rates.
This chart appears in-line with wholesale Nat.Gas prices.
But below is a (accurate but rough) chart of PSNC gas prices for Cary.
Essentially Wholesale Nat.Gas prices and Illinois retail Nat.Gas prices have come down more than 50% since their peaks in Mid Summer. Yet PSNC rates have come down 17% over the same time period ($1.72 to $1.42).
We are not well represented when it comes to proper regulation of this monopoly. imo
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12-14-2008, 07:58 PM
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Location: Middle Creek Township
2,034 posts, read 4,239,320 times
Reputation: 532
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Quote:
Originally Posted by goat1of2
No, I think these folks are participating in the "equal payment plan" which the gas company offers. They compute how much gas you use per year, divide by 12, and then you pay the same amount every month. So they are also paying $53 per month in July!!
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Yes, exactly. It was posted that it was the equal payment plan, but it is still very cheap. |
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12-14-2008, 08:01 PM
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Location: ITB Raleigh NC
447 posts, read 1,666,625 times
Reputation: 301
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My understanding of the way PSNC works is that there parent company needed to run a pipeline through NC. NC said "sure you can run it through, we want to get gas from it" hence NC got natural gas. I am not sure on the full story but I know they are closely regulated by the state. Before the pipeline there was no natural gas in the state.
I think the higher cost comes from this, we have all demand and no supply so they can get higher rates compared with places where natural gas is plentiful.
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