The price for natural gas in 2019 will be $1,570 per million Btu, the company said in a filing.
The average price for a typical customer will drop by 4% to $1 in 2019.
Natural gas will also continue to rise in price over the next several years.
The price will rise again next year, when natural gas is expected to reach $2.80 per million thermal units, according to the company.
The company also said natural gas prices will decline in 2020, and prices will fall by 8% to just under $2 per million BTUs in 2021.
Natural Gas Prices are likely to Decline, but Demand Will RiseThe price of a 1.5 million BTU-barrel natural gas unit is about $3,400 in 2019, according a report by The Wall Street Journal.
That’s about $2,400 less than what the price was a year ago, when the price of the fuel was about $4 per million units.
The cost of natural-gas gas has risen at a more rapid pace than other energy sources in recent years.
Natural-gas prices have been rising steadily since the beginning of the year, which is why the cost of buying natural gas has been increasing, too.
However, natural gas production has been slowing down over the past several years, which has contributed to the price falling.
A big reason for the price drop is the fact that U.S. natural-Gas production has slowed down and is likely to fall.
Natural gasoline is not affected by the falling price of gas.
Natural oil and natural gas also make up about 10% of the U.K. energy mix, and a big reason is that those fuels are not subject to the same regulatory hurdles as coal.