August natural gas rate up slightly; it’s still cheap

Dominion Energy Ohio’s monthly natural gas price for residential customers who are on the Standard Choice Offer (SCO) will pay a little more, but still get a good price.

It follows a month that set a new record historical low.

The SCO price, which will go into effect Aug. 12, when rounded to the nearest cent will be $2 per thousand cubic feet (mcf). The August rate is 35 cents higher or 21.2% than the $1.65/mcf price for July. It is 36 cents or 15.2% lower than $2.36/mcf last August.

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