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Natural gas customers to see drop in heating bills

Written by Craig Rhodes and Radio Pennsylvania | Dec 5, 2015 9:12 AM
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Photo by Lindsay Lazarski/WHYY

(Valley Forge) -- With the arrival of December and colder weather also comes a drop in the price of energy for some Pennsylvania residents.

Customers with UGI Utilities will see a nearly 7 percent drop in their heating bills due to a decrease in the price of natural gas. On average they'll be saving 14 dollars a month compared with last winter's prices.

Spokesman Joseph Swope says this dip in price is a continuation of a seven-year trend.

"If you go back seven years ago our customers were paying over $150 a month.  And so now their savings are actually half or even a little more than that, and it's all primarily due to  Marcellus Shale," he said.

Swope says Marcellus Shale accounts for about 90 percent of the gas UGI supplies to its customers. It's both plentiful and local, which has cut transportation costs for energy dramatically.

 

 

 

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