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National Fuel projects cost increase

National Fuel is predicting an increase in a typical monthly gas bill of a little less than 4 percent for next winter (2020/2021).

National Fuel Gas Distribution Corporation submitted its required annual Purchased Gas Cost projection for gas purchases to the Pennsylvania Public Utility Commission (PUC). The projection is for gas purchases made from Aug. 1, 2020 to July 31, 2021.

The company is projecting an increase in overall gas supply charges for a typical residential customer totaling approximately $32.23 per year in the state-required filing. If approved as filed, the monthly bill for a typical residential customer starting in August 2020, would increase from $69.49 to $72.18 per month or by 3.87 percent.

The primary reason for the forecasted increase is due to the cost of natural gas being projected slightly higher than the cost reflected in current rates.

The forecasted increase is for prices to be experienced next winter (2020-2021) and must be thoroughly reviewed and approved by the PUC before becoming effective. Upon approval, and in accordance with applicable regulations, pricing would 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 approximately 200,000 Pennsylvania customers. As market prices fluctuate, National Fuel is required to pass those changes to customers, without any mark-up or discount.

This differs from delivery service charges, which reflect the company’s costs of doing business (including costs associated with installing and maintaining the local pipeline delivery system). National Fuel has not increased delivery service charges in more than 10 years.

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.

For more information visit nationalfuelgas.com.

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