Price Spike in Natural Gas

By: Ann Nucatola
By: Ann Nucatola

Keeping warm this winter might be expensive, which is never good news, but it's even worse for City of Tallahassee utility customers who say they've already been paying too much during the summer.

The expected jump in natural gas prices could translate into utility bills rising close to 20 percent in the south.

Bob Seaton, COT's retail service manager, made the following statement: "I don't know that we know yet how much the rates might go up. I don't think we'll know that until around October 1."

The Energy Department says these price hikes will ultimately depend on how fast oil rigs and Gulf Coast refineries hit by Katrina can be repaired.

In the meantime, customers who rely on natural gas, like most Tallahassee residents, are hoping those repairs will be very soon.


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