National Fuel Proposes Rate Increase

Natural gas prices could be going up almost 9 percent.

National Fuel today filed its projection for gas purchases to be made from August 1 of this year through July 31 of 2012.

The company projects an increase in cost, meaning the bill of a typical residential customer would go from $83 a month to $90 a month.

This is just a forecast for prices to be experienced later this year and must be reviewed and approved by the PUC before becoming effective. No change is being made at this time.


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