Cost of Natural Gas Provided by Major Utilities in PA Increased as Much as 154% Over Last Year

Guest blog by David E. Hess | PA Environment Digest | August 17, 2022

The cost of natural gas provided to customers by the seven largest natural gas utilities in Pennsylvania increased from 31 percent to 154.6 percent over the last year, according to information from the Public Utility Commission.

Peoples Gas Company residential rates increased the most– 154.6 percent– and Columbia Gas customers saw the lowest increase– 31.2 percent.

The major natural gas utilities saw these increases–

— Peoples Gas Co. (residential) 154.6% increase

— Philadelphia Gas Works  152.2% increase

— Peoples Natural Gas Co. 142.3% increase

— National Fuel Gas  134.7% increase

— PECO Gas  86.3% increase

— UGI Gas Division  41.5% increase

— Columbia Gas  31.2% increase

Natural gas customers are seeing the biggest increase in energy charges because of the natural gas cost spikes on foreign energy markets caused by the Russian war in Ukraine and by increasing exports of U.S. natural gas in the form of LNG to Europe and Asia.  [Read more here.]

Over half of Pennsylvania households use natural gas as their primary home heating fuel.  [Read more here.]

On August 10, the Public Utility Commission also warned customers of major electric utilities their rates will increase by as much as 19 percent this quarter starting on September 1. These increases are also driven by the cost of natural gas-fired generation and hot weather demand.  [Read more here.]

Both natural gas and electric utilities adjust the rates they charge their customers for energy every quarter, either up or down, depending on the price of natural gas or electricity they buy.

Shop For Competitive Rates

Customers of both natural gas and electric utilities can shop for independent providers of natural gas and electricity and are not locked in to the price charged by utilities.

Only 14 percent of residential customers got their natural gas from competitive suppliers in 2020.  [Read more here.]

Natural gas customers can go to the PUC’s  PA Gas Switch website and electric customers to PA Power Switch websites to learn more about their options.

Next Quarterly Rate Changes

The next quarterly rate increases/decreases by natural gas companies will be starting September 1, October 1 and November 1, depending what schedule the utilities are on.

Here are the details of how utility natural gas charges increased in the past year, along with their next expected quarterly rate change date–

National Fuel Gas  134.7% increase
   May 1, 2021 Annual Review  $3.8520
   August 1, 2022                        $9.0436
   Nov. 1, 2022 (next increase/decrease)

Philadelphia Gas Works  152.2% increase
   June 1, 2021 Annual Review $3.5700
   June 1, 2022                           $9.0057
   Sept. 1, 2022 (next increase/decrease)

Columbia Gas  31.2% increase
   July 1, 2021 Annual Review $3.8512
   July 1, 2022                           $5.0583
   Oct. 1, 2022 (next increase/decrease)

Peoples Gas Co. (residential) 154.6% increase
   July 1, 2021 Annual Review  $4.0174
   July 1, 2022                          $10.2312
   Oct. 1, 2022 (next increase/decrease)

Peoples Natural Gas Co.   142.3% increase
   July 1, 2021 Annual Review $3.9015
   July 1, 2022                           $9.4567
   Oct. 1, 2022 (next increase/decrease)

UGI Gas Division  41.5% increase
   Sept. 1, 2021 Annual Review $5.1283
   June 1, 2022                            $7.2615
   Sept. 1, 2022 (next increase/decrease)

PECO Gas  86.3% increase
   Sept. 1, 2021 Annual Review $4.0245
   June 1, 2022                            $7.5016
   Sept. 1, 2022 (next increase/decrease)

Click Here for a table showing 2021 – 2022 quarterly price changes and next scheduled changes.  

Click Here for a table showing 2022 – 2023 quarterly prices changes and next scheduled changes.

NewsClips:

— PA PUC Investigates 32%+ Rate Increase By Leatherstocking Natural Gas Company

— PA PUC Holds Hearing On Valley Energy 11.8% Natural Gas Increase

— WV Metro News: WV Public Service Commission Warns Utility Customers Of 173% Increase In Natural Gas Rates Coming This Fall

Related Articles:

— TribLive Guest Essay: Time For Pennsylvania’s Real Energy Freedom – Sharon Pillar, PA Solar Center

— Wilkes-Barre Times Guest Essay: Key To Lower Energy Prices Is Renewable Energy & Storage – Sharon Pillar, PA Solar Center

— Baker Hughes PA Natural Gas Drill Rig Count Down 2 From Last Week – 23 [8.12.22]

[Posted: August 17, 2022]  PA Environment Digest  |  Source

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One Comment on “Cost of Natural Gas Provided by Major Utilities in PA Increased as Much as 154% Over Last Year

  1. Amazing. I often tout these stats out when residents in my town accuse me of wanting to increase the cost of natural gas in PA.

    Despite being the third largest producer, we actually pay more then the national average for natural gas in PA and aren’t the “third cheapest” as one would assume…in fact, not even close.

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