National Fuel gas asks PUC to approve $100 credit for customers

MERCER, Pa. - Homes and businesses in Mercer County and other service areas of National Fuel Gas could see a one-time credit on their bills and reduced rates if the state gives its okay.
National Fuel Gas has filed a request with the Pennsylvania Public Utility Commission to provide immediate and recurring savings to customers through a combination of a one-time bill credit and ongoing rate reductions.
If approved, all customers, including residential and local businesses, would receive a one-time bill credit and a reduction in monthly bills, according to the utility.
The savings on monthly bills would include a reduction in base delivery rates and a temporary refund rate that would be effective for five years.
Under the plan, residential customers would receive a one-time $100 credit and average annual rate reductions of $53. Commercial customers would see a $250 one-time credit and average annual savings of $106.
Industrial customers also are eligible for a one-time bill credit and rate reductions.
The Company is requesting that the credits be applied to active customer accounts and the base rate reduction and refund rate begin on Oct. 1, 2021.
National Fuel determined that it is no longer necessary to collect amounts from customers that were authorized by the PUC to cover future healthcare benefits for union and supervisory employees upon retirement.
The Company says projected future obligation for these other postemployment benefits can be met with existing funds and certain amounts previously collected can be returned to customers.
National Fuel says it has not sought a delivery rate increase in Pennsylvania in more than 14 years.