The price for natural gas used to heat homes in Massachusetts is going down. The state Department of Public Utilities has approved a reduction that will cut monthly bills by an estimated four-to-five percent. The price drop is possible because the rates paid by utility companies to suppliers has gone down.
“Our administration is focused on reducing costs for Massachusetts residents and businesses,” said Governor Maura Healey. “We are exploring every possible tool to ease burdens, from reductions in energy costs, fuel assistance, nutritional support, and more. With these reduced energy prices, small businesses can grow, and more families will be able to put food on the table and roofs over their heads.”
“Families and businesses need relief, and our administration is heartened to see a downward trend in natural gas prices,” added Lieutenant Governor Kim Driscoll. “Our team is working with great urgency to push out fuel assistance, improve efficiency, and identify ways to boost financial support for our residents.”
“This reduction in energy costs comes not a moment too soon for Massachusetts residents struggling to get by,” said Energy & Environmental Affairs Secretary Rebecca Tepper. “But this adjustment is also an important reminder that we need to urgently and equitably transition away from volatile fossil fuels, which continue to threaten the financial security of our communities. The Healey-Driscoll Administration is moving swiftly to build a clean energy future to save costs and support our businesses.”
Under federal law, the savings is passed on to natural gas customers.
(Photo by PAUL ELLIS/AFP via Getty Images)
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