State Police Tip Line: 1 (866) 326-7256

Cold Winter Drives Up Natural Gas Price

UGI_rate_increase

WILKES-BARRE — UGI Penn Natural Gas customers can expect a hike in rates next month.

The natural gas company says the average customer’s bill will increase nearly 6 percent.

They blame the bitter cold winter and demand for the increase.

The company said the bill for a typical residential heating customer who uses about 8,900 cubic feet of natural gas per month will increase from $94.08 per month to $99.42 on June 1.

8 comments

  • Keith Hinkel

    As usual the Pa PUC will award any increase a utility wants. PUC must be disbanded and all prices cut by 50%. All companies/corporations are just gouging and inflating prices for greed! Then there is Corbett sitting there doing nothing when he should be demanding prices be dropped or set prices. Worthless Gouvenour! How come no Republican is running against Corbett?

  • Tom

    I admit that I was a bit concerned when my budget billing price jumped 50% this past month. That seemed way out of line to me.

    So, I checked my gas bills for the past 30 months and I have found that the current total cost per CCF has not really changed that much over the past 2 years. Looking at the commodity charge plus the distribution charge, it has held steady at $0.92 +/- $0.02 per CCF during this time. The rates for April and March of this year are $0.92, right at average. Furthermore, this is about $0.05 to $0.10 cheaper per CCF than we were paying during the winter of 2011 / 2012.

    However, during the winter of 2011 / 2012, I used only 1,100 CCF, while during this past winter I used 1,650 CCF. Higher usage, higher charges, it is that simple. Unfortunately, it was just a hard winter.

    I for one, am grateful that UGI has managed to keep prices fairly level and has not jacked them up like they would be perfectly capable of doing.

    On the other hand, what is interesting is that the distribution charges are going down while the commodity charges are going up. So, natural gas is costing more per CCF to obtain, but it is cheaper to get it to my house. That does seem a bit strange to me.

  • tom

    it’s no surprise natural gas went up-bad winter means more BIG profits-gasoline went up-summer-more traveling means moreBIG profits.of course the industry makes all the same old claims about increase in demand,higher operating costs.It’s not 1950-people are more intelligent as to believe this crap.Same with our estemed politicans.

  • bobc74

    Oh,come on! How the heck can you be increasing gas prices, when the supply has never been better. In fact, some wells that were drilled down in the Bennett Shale in Texas aren’t even being used. Let’s just call a spade a spade and say you’re raising the cost because you can. It’s not like there’s any competition we can bolt to for the same product, if we don’t want to pay it.

Comments are closed.


Related Stories


Follow

Get every new post delivered to your Inbox.

Join 32,694 other followers