BOSTON (AP) -- Natural gas utility NStar says its customers can expect to pay an average of $4 less per month if a proposed rate cut is approved.
NStar has proposed cutting its supply price by nearly 27%, or about $0.39 per therm, down from the current price of nearly $0.53. If approved by the Massachusetts Department of Public Utilities, the price cut will save the average gas customer $4 a month beginning Sept. 1.
The proposed decrease reflects a drop in prices on the New York Mercantile Exchange.
NStar has about 300,000 natural gas customers in Massachusetts.