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 100,300 cubic feet of gas by $0.34, from $67.65 to $67.31. This 0.5 percent decrease is to become effective May, 1, 2020.
Resulting from the abundant supply of Marcellus and Utica shale gas produced in the northeast and benefitting northwestern Pennsylvania homes and businesses, market prices for natural gas remain at 11-year lows. Nearly all of the gas consumed by National Fuel utility customers comes from northeast-produced shale gas including gas produced in Pennsylvania.
National Fuel’s price-to-compare gas commodity charge also will decrease to $0.34976 per 100 cubic feet (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 Aug. 1, 2020.
As the result of cost-containment efforts and efficient management, National Fuel hasn’t sought to increase the delivery service charges paid by its residential customers in more than 12 years, even while consistent investments in pipeline safety and system modernization have continued.
National Fuel recognizes that during these unsettling times there may be instances where customers find themselves facing financial difficulties. During the COVID-19 pandemic, utility shutoffs have been suspended. Customers who are having trouble paying their bills are encouraged to call Customer Service, 1-800-365-3234, to discuss available payment programs and services.