From staff reports
The monthly bill for a typical National Fuel Gas Distribution Corp. customer is falling sharply for at least the next three months, effective today.
National Fuel has submitted to the Pennsylvania Public Utility Commission its annual adjustment to gas supply charges, and the monthly bill for a residential customer with an annual usage of 99,000 cubic feet of gas will decrease by $25.85 from $89.90 to $64.05, National Fuel said.
Supply charges will decrease 58% due to lower market prices for natural gas, and this decline follows last year’s volatile commodity market and near record highs and significantly reduces the cost of natural gas supplies that National Fuel purchases for customers, National Fuel added.
The next opportunity to adjust gas supply charges will be Nov. 1.
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.
In June, the PUC approved a joint settlement to increase National Fuel’s base delivery rates to recover an additional $23 million in annual revenues.
The base rate delivery charge increase raises the monthly bill for residential customers using 83 ccf per month by about $6.
