If approved by the PUC, this would be National Fuel’s first base delivery rate increase in Pennsylvania since 2007.
Rising costs coupled with the need to continue investing in the modernization and safety of National Fuel’s distribution system have reached a level where an increase in base delivery rates is now necessary.
“We are proud of our long-standing record as a low-cost service provider, delivering safe, reliable and critical energy to more than 214,000 Pennsylvania customers,” said Company President Donna DeCarolis. “While additional investments are required to enhance our system and service, National Fuel customers will continue to benefit from having the lowest delivery rates and access to highly affordable natural gas supplies being produced across the Commonwealth.”
The Company also noted the quarterly adjustment for the separate cost for natural gas used by customers, which is not regulated by the PUC, will be decreasing to $8.7775 per Mcf starting November 1, saving the average customer about $2.29 per month over the next quarter.
The Company’s cost for natural gas, however, has increased dramatically over the last 18 months.
According to the PUC, on May 1, 2021, customers were paying $3.8520 per Mcf which means the new November 1 rate represents an increase of 127.3 percent. Read more here.
Click Here to read the complete National Fuel Gas announcement.
Visit the PUC’s PAGasSwitch website to learn how you can shop for a competitive natural gas supplier.
Visit the PUC’s Utility Assistance Programs for information on programs available to help customers manage paying utility bills.
The Department of Human Services will announce PA Low-Income Home Energy Assistance Program (LIHEAP) applications for 2022-23 season will be accepted starting November 1 through April 28.
Related Articles:
-- PA PUC: Cost Of Natural Gas Provided By Major Utilities In PA Increased As Much As 154% Over Last Year [PaEN]
-- Ohio River Valley Institute Blog: Natural Gas Costs Are Principal Driver Of Current Inflation; Increasing Gas Production For Export Also Increases Prices And Volatility
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[Posted: October 28, 2022] PA Environment Digest
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