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4 FAQs about Natural gas rates

What is a natural gas price?

The price of Natural Gas is a key indicator of a commodity's supply and demand. By knowing the current price, traders can assess potential future price movements and make informed decisions about buying, selling, or holding their positions. Tracking the Natural Gas price over time allows traders to identify trends in the market.

Will natural gas prices increase?

We forecast that natural gas prices for customers in the commercial and residential sectors will increase by less, at 4% each. Each sector's price is partially affected by the wholesale price of natural gas, as represented by the spot price at the Henry Hub benchmark.

Which states have the highest natural gas prices?

Michigan experienced the biggest decrease in residential natural gas prices, with rates falling 13.7% from August to September 2025. Meanwhile, rates in North Carolina increased the most, with natural gas prices rising 13%.

How much does industrial natural gas cost?

Industrial customers buy natural gas in bulk, so suppliers charge them a lower price per thousand cubic feet. In September, the average industrial natural gas rate was $4.21 nationally, about 1.2% lower than the national price of natural gas in August, which was $4.26.

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