PSNC Energy has filed a request with the North Carolina Utilities Commission to decrease the "cost of gas" component of its rates, according to a press release issued Tuesday.

The North Carolina Utilities Commission is expected to make a decision on the issue Dec. 29.

If the company's request is approved, the winter residential rate will go down nearly 14 percent from $1.43 per therm to $1.22 per therm.

That would mean an average decrease to a customer's winter bill of about $19 per month during the winter/heating season - based on the average natural gas consumption of 94 therms /month during.

PSNC officials said if approved, the decrease will go into effect with January bills.  

PSNC Energy does not earn a profit on the "cost of gas" component of its natural gas rates. Any adjustment to the "cost of gas" component is passed directly to customers in accordance with state regulations.

PSNC Energy serves about 280,000 customers in the Triangle.

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