A settlement will save almost 200 Kansas school districts millions of dollars they owe for natural gas bills from February’s record-setting cold snap. During the winter storm, the price of natural gas went from about $2 per unit to more than $600. That means many districts had bills for one month totaling what they would normally pay in an entire year, the Kansas News Service reports.
Austin Harris works for the Kansas Association of School boards, which negotiates gas prices for most school districts. He says the settlement will cut many of the bills in half, ultimately saving more than $4 million. In the settlement, the districts agreed to pay the smaller amount in a single lump sum instead of payments spread out over the coming years.
