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National Fuel Gas Rates Climb Nearly Eight Percent

August 1, 2013

After having forecast last winter a 9.2 percent increase in gas supply charges for the new billing year beginning today (Aug. 1), National Fuel Gas Corporation announced Wednesday, in their quarterly rate adjustment filed with the Public Utility Commission, a hike of 7.85 percent.

Company officials say that translates into a $5.80 per month increase for their “typical” residential customer to $79.79 a month.  The new rate is effective today.

The company is required to pass along the increases or decreases in the costs of acquiring natural gas for its customers, and may make adjustments every three months in addition to filing its annual forecasts with the PUC.

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