Long Beach starts 2024 with bills 64 percent lower than last January
Published on January 04, 2024
Contact: Delise Wyrick
Public Information Assistant
Phone: (562) 570-2316
Email: Delise.Wyrick@lbutilities.org
Natural gas costs for January 2024 will be one-third of what it was a year ago
LONG BEACH, CALIF. (Jan. 4, 2024) — Long Beach Utilities’ customers continue to enjoy the best natural gas pricing protections statewide. In January 2024, the average overall utility bill for customers will be 64% less than a year ago.
“This winter, Long Beach residents are significantly better protected from spikes in natural gas pricing than they were last year,” says General Manager Chris Garner. “Actions the Long Beach Utilities Department took after the merger are proving their worth. As temperatures cool, and heating becomes more important, Long Beach will have the second lowest residential natural gas bills statewide.”
New contracts enacted by Long Beach Utilities provide residential customers with locked-in price protections for the next three winters. For the month of January 2024, the average bill paid by Long Beach Utilities customers will be:
- 23% lower than that paid by customers of SDG&E.
- 9% lower than paid by customers in Palo Alto.
- 27% lower than paid by customers of Southwest Gas.
- 35% lower than paid by customers of PG&E.
Last January, the cost of cooking and heating for an average single-family home in Long Beach was more than $200. As we begin 2024, those same residents can expect to pay closer to $75 for the same amount of natural gas usage.
Recently adopted contracts negotiated by Long Beach Utilities lock in natural gas pricing at a cost on par with prices paid in 2021. Without these contracts, market volatility could lead to record-high natural gas prices, as was the case last winter.
For more information on natural gas prices, assistance programs, and helpful tools to estimate your bill, visit longbeach.gov/energyresources. For questions or concerns, call (562) 570-5700.