National Fuel Decreases Gas Supply Charges

 

 

National  Fuel Gas Distribution Corporation (National Fuel) has submitted to the Pennsylvania Public Utility Commission its quarterly adjustment to gas supply charges. This adjustment decreases the monthly bill of a typical residential customer with annual usage of 97,900 cubic feet of gas by $1.63, from $74.18 to $72.55. This 2.2 percent decrease became effective February 1.

Benefitting northwestern Pennsylvania homes and businesses, market prices of natural gas continue to remain near historic lows when compared to the previous 10 years due to the large supply of Marcellus Shale gas. Nearly all of the gas consumed by National Fuel utility customers comes from Northeast-produced shale gas and Pennsylvania is the largest producer of those supplies.

National Fuel’s price-to-compare gas commodity charge also will decrease to $0.44191 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.

 

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