National Fuel Lowering Rates
Erie, Pennsylvania: National Fuel Gas Distribution Corporation (National Fuel) has submitted to the Pennsylvania Public Utility Commission (PUC) a quarterly adjustment to gas supply charges, which will become effective February 1, 2009, for its Pennsylvania customers. This 8.2 percent decrease will lower the monthly bill of a typical residential customer using one hundred thousand cubic feet of gas annually from $138.48 to $127.13.
According to Nancy Taylor, Senior Manager of Corporate Communications, “Continued decreases in the market price of natural gas make this quarterly adjustment possible. This change reflects the cost of gas that has been, and will be, purchased by the company for its customers.” Pennsylvania utility companies are permitted to update gas supply charges on a quarterly basis to reflect changes in the market price of natural gas. National Fuel’s next opportunity to adjust gas supply charges will be May 1, 2009. Gas supply charges are passed along to customers dollar for dollar, with no mark-up or profit to National Fuel.
In a state-required annual filing, National Fuel forecasted a 17.2 percent decrease for gas supply charges to be effective August 1, 2009, through July 31, 2010. That forecast, which was based on information developed in December, remains on file with the PUC and will be adjusted before that date, in accordance with market conditions.
Customers who are having trouble paying their bills are encouraged to call National Fuel at 1-800-365-3234 to find out about payment programs and available services. Additionally, the Low Income Home Energy Assistance Program (LIHEAP) is currently accepting applications for help with this year’s heating bills. Now, with new income guidelines, more families than ever before may qualify for a grant of at least $300. For example, a family of four with an annual income of $44,443 can qualify for funding.
National Fuel serves approximately 214,000 customers in 14 counties in northwestern Pennsylvania.
According to Nancy Taylor, Senior Manager of Corporate Communications, “Continued decreases in the market price of natural gas make this quarterly adjustment possible. This change reflects the cost of gas that has been, and will be, purchased by the company for its customers.” Pennsylvania utility companies are permitted to update gas supply charges on a quarterly basis to reflect changes in the market price of natural gas. National Fuel’s next opportunity to adjust gas supply charges will be May 1, 2009. Gas supply charges are passed along to customers dollar for dollar, with no mark-up or profit to National Fuel.
In a state-required annual filing, National Fuel forecasted a 17.2 percent decrease for gas supply charges to be effective August 1, 2009, through July 31, 2010. That forecast, which was based on information developed in December, remains on file with the PUC and will be adjusted before that date, in accordance with market conditions.
Customers who are having trouble paying their bills are encouraged to call National Fuel at 1-800-365-3234 to find out about payment programs and available services. Additionally, the Low Income Home Energy Assistance Program (LIHEAP) is currently accepting applications for help with this year’s heating bills. Now, with new income guidelines, more families than ever before may qualify for a grant of at least $300. For example, a family of four with an annual income of $44,443 can qualify for funding.
National Fuel serves approximately 214,000 customers in 14 counties in northwestern Pennsylvania.
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