Episode Details
Back to EpisodesNatural Gas Prices Surge, Charlotte Residents Feel the Pinch
Description
Charlotte-area residents face steep natural gas bills due to soaring prices, with Piedmont Natural Gas, owned by Duke Energy, attributing the increase to higher winter demand, growing exports, pipeline limits, and supply swings. Despite a slight increase in heating degree days, customers have seen bills double or triple, leading to a 14% rise in complaints. Piedmonts latest rate case added $90 annually for the average residential customer. To mitigate costs, the utility recommends sealing leaks, better insulation, smart thermostats, and regular maintenance, along with aid programs like Share the Warmth and federal low-income energy assistance.
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