Greenville Utilities Raising Natural Gas Prices

There's bad news for people who heat their homes with natural gas in one Eastern Carolina city--it's going to cost you more this winter.

Greenville Utilities announced today that the price of natural gas will rise to its highest level in nearly two and a half years.

GUC says the price of gas is going up with cooler temperatures. Effective January 1st, rates will rise 5.6%, or $4.97 for the average customer.

Since 2008, the utility says it's been able to lower natural gas prices 13 times, while raising them just 5 times.

Despite the increase, GUC says their typical residential customer still pays less than the average price charged by other natural gas companies in the state.

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