Friday, February 06, 2015

Energy charge reduced due to low international oil prices

With the price of oil based fuel down significantly, GVEA's energy charge dropped from $0.09947/kwh to $0.07111/kwh, a welcome bit of relief. Fuel oil also has dropped significantly. We paid $3.51/gal for No. 2 fuel oil in November. Current price is $2.67/gal. Time to top off.