WG&L gets gas price break - WALB.com, Albany News, Weather, Sports

WG&L gets gas price break

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July 23, 2007

Albany --  With energy prices going up, it's rare to find a break, but Albany Water, Gas and Light may have found one.
   
They are looking into a company called Tennergy to supply the utility with natural gas that could be purchased for as low as 60 cents below market price.

Industries that buy their natural gas from WG&L could see major savings, and the utility could make a profit. 

"Long term it will be very good for both our industrial and our residential customers.  It's a win-win for everybody," said WG&L Commissioner Carol Fullerton.

The deal from Tennergy is only available to municipalities because of their tax exemptions.
Details of the contract are still being finalized.

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