Ohio energy consumers saved more than $40.2 billion from 2006 to 2016, as a result of lower natural gas prices, according to a report from the Consumer Energy Alliance.

Residential customers saved nearly $15 billion and commercial and industrial consumers saved $25.3 billion, according to Kallanish Energy. Those savings are linked to increased shale production, lower oil and gas prices and new technologies.

Prior to the shale boom, prices for natural gas in Ohio peaked at $10.66 per thousand cubic feet (Mcf), but have steadily dropped to just under $4/Mcf, according to the report.

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