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Piedmont Natural Gas wants to cut SC, NC rates

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CHARLOTTE, NC (AP) -- Piedmont Natural Gas wants to reduce rates for its customers in North Carolina and South Carolina.

The Charlotte Observer reported the request would reduce the typical customer's bill about $9 next month.

The Charlotte company says wholesale prices for natural gas are dropping.

The rate changes would take effect Feb. 1 and reduce residential rates by about 8 percent.

Piedmont serves about 1 million customers in the Carolinas and Tennessee.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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