From staff reports
National Fuel Gas Distribution Corp. has submitted its annual purchased gas cost filing as required by the state Public Utility Commission.
The filing includes a projection of the cost of gas supplies the company expects to purchase and deliver to customers from Aug. 1, 2023, through July 31, 2024.
Next year, National Fuel is projecting a decrease in overall gas supply charges totaling about $285.08 per year. If approved as filed, the monthly bill for a typical residential customer starting in August 2023 would decrease from $104.91 to $81.15 per month, or by 22.65%.
Customers are advised that this forecast is for prices to be experienced next winter (2023-2024) and must be thoroughly reviewed and approved by the PUC before becoming effective, the press release said.
National Fuel is required by law to shop for the most reasonably priced gas while still maintaining an adequate supply for about 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. And National Fuel says that customers having trouble paying bills should call the utility’s customer service line at 1-800-365-3234, to discuss payment assistance programs.
