Dive Summary:
- According to a local newspaper report, customers in Columbia Gas of Ohio territory have paid more than they would have since they were given a choice of natural-gas carriers under utility deregulation.
- Newly data shows that those who selected their own provider paid a combined $885 million more since 1997 when the choice program was launched.
- Approximately 40 percent of Columbia's 1.3 million residential and business customers are on choice contracts, while the rest pay the regulated price or receive low-income assistance.
From the article:
Consumers in Columbia Gas of Ohio territory have paid more, not less, since being offered a choice of natural-gas carriers under utility deregulation, a newspaper reported Sunday.
The Columbus Dispatch reported (http://bit.ly/Q5BImD ) that newly disclosed data showed that those who selected their own gas provider paid a combined $885 million more since 1997 by shopping than they would have by sticking with regulated prices. Ohio's gas choice program was launched in 1997. ...
