Consumers Energy’s 1.7 million natural gas customers are paying at least 10 percent less for fuel costs now compared to last winter. In addition, Michigan’s largest gas utility is planning a further 15 percent price reduction in its fuel price charged to customers beginning in April.
“Prices charged by Consumers Energy for natural gas are the lowest they’ve been in a decade — since 2003,” said Tim Sparks, Consumers Energy’s vice president of energy supply operations. “We’re planning an additional 15 percent price reduction beginning in April and continuing at that level on a go-forward basis. As part of our promise to Michigan, we’re working hard to control our costs and help our gas customers manage their household budgets,” said Sparks.
The utility provides natural gas service to 1.7 million customers in 45 counties in Michigan’s Lower Peninsula. Consumers Energy operates 15 natural gas storage fields in Michigan’s Lower Peninsula, one of the largest systems of its kind in the nation.
Consumers Energy recommends that customers save additional money by making their homes and businesses more energy efficient with rebates and savings for residential customers and business customers. The website also features an easy-to-use natural gas value calculator to compare natural gas costs to other heating fuels, such as propane or heating oil.