National Fuel Adjusts Gas Supply Charges in Pennsylvania (2.4 percent increase)

nationalfuellogo_optNational Fuel Gas Distribution Corporation (National Fuel) has submitted to the Pennsylvania Public Utility Commission its annual adjustment to gas supply charges. This adjustment raises the monthly bill of a typical residential customer using 90,000 cubic feet of gas annually by $1.39, from $57.49 to $58.88. This 2.4 percent increase is to become effective Aug. 1, 2015.

The main driver of the adjustment is reduced refunds associated with pipeline capacity. Low market prices for natural gas are continuing due in large part to the increasing production of Marcellus Shale gas. Nearly all of the gas consumed by National Fuel utility customers comes from Northeast-produced shale gas.

National Fuel’s price-to-compare gas commodity charge also will increase to $0.31905 per ccf. This reference point, detailed on the National Fuel bill under Gas Supply Charges, is important for customers who are shopping for an alternate gas supplier.

Gas supply charges are passed along to customers dollar for dollar, with no mark-up or profit to National Fuel. Pennsylvania utility companies are permitted to update gas supply charges on a quarterly basis to reflect changes in the market price of natural gas. The next opportunity to adjust gas supply charges will be Nov. 1, 2015.

As the result of aggressive cost-containment and productivity efforts, National Fuel hasn’t sought to increase the delivery service charges paid by its residential customers in more than seven years, even while consistent investments in pipeline safety and system modernization have continued.

Customers who are having trouble paying their bills are encouraged to call National Fuel at 1-800-365-3234 to discuss available payment programs and services.

National Fuel cautions customers that gas leaks can be serious and to leave the premises and call 1-800-444-3130 when a rotten-egg natural-gas smell is present. To learn more about natural gas safety, visit www.nationalfuelgas.com/forhome/gassafety.aspx.

National Fuel Gas Distribution Corporation is the Utility segment of National Fuel Gas Company, a diversified energy company that is engaged in a number of natural gas-related activities. The Utility provides natural gas service to more than 735,000 customers in Western New York and northwestern Pennsylvania

For more information, visit www.nationalfuelgas.com.

Posted by on Jul 31 2015. Filed under Local News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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