NATIONAL FUEL GAS COMPANY National Fuel Gas Distribution Corporation (National Fuel) has submitted its annual Purchased Gas Cost filing as required by the Pennsylvania Public Utility Commission (PUC). The filing includes a projection for the cost of gas supplies that National Fuel will purchase and deliver to customers from Aug. 1, 2024, through July 31, 2025. National Fuel is projecting an increase in overall gas supply charges for a typical residential customer of $207.35 per year. If approved as filed, the monthly customer bill will increase from $70.70 to $87.98 per month or by 24.44% starting in August 2024.
The primary reason for this forecasted increase in gas supply charges is that costs associated with the purchase and transmission of natural gas are projected to be higher than those reflected in current rates.
Customers are advised that this forecast is for prices to be experienced next winter (2024-2025) and must be thoroughly reviewed and approved by the PUC before becoming effective. Additionally, upon approval, pricing will be adjusted quarterly to reflect current market prices.
National Fuel is required by law to shop for the most reasonably priced gas while still maintaining an adequate supply for its approximately 214,000 Pennsylvania customers. As market prices fluctuate, National Fuel is required to pass those changes to customers, without any mark-up or discount.
Winter weather and colder temperatures can result in bills that present a hardship for some customers. Customers having trouble paying bills should call National Fuel Customer Service, 1-800-365-3234, to discuss payment assistance programs.
As always, if you Smell Gas, Leave Fast: if a rotten-egg natural gas odor is present, leave the premises immediately and call National Fuel's emergency line, 1-800-444-3130, from a different location. If you smell an odor of gas outdoors, leave the area immediately, call National Fuel's emergency number and provide the address nearest to the site of the odor. To learn more about natural gas safety, visit www.nationalfuel.com/utility/gas-safety/.
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National Fuel Gas Co. published this content on 29 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2023 20:52:16 UTC.
