6:08 PM / Friday August 12, 2022

9 Sep 2012

Philadelphia Gas Works announces upward adjustment to natural gas costs for next quarter

  • Facebook
  • Twitter
September 9, 2012 Category: Color Of Money Posted by:

Average PGW residential heating customers will still pay about $4.88 less per month than this time last year



The Philadelphia Gas Works (PGW) today announced that, for the first time in 20 months, its natural gas rate will increase for residential, commercial, industrial and municipal customers. The rate will be adjusted for the next three months from its current $1.36 per hundred cubic feet (Ccf) to $1.41 per Ccf for residential customers. The new rate reflects what PGW pays for the gas.


Even with this rate increase, the cost for an average PGW residential customer is 12 cents per Ccf less than this same period last year. On an annualized basis, the average residential customer, using 880 Ccf of natural gas a year, will now pay $104 less than they did 12 months ago.


“PGW has worked diligently to ensure that for six of the last eight quarters, our customers have benefitted from decreases to the natural gas rate,” said Craig E. White, Chief Executive Officer for PGW. “By closely monitoring the gas costs of our supply sources and storing supplies in advance, we’ve been able to protect our customers from continually changing rates and spikes in gas cost. That’s why, even now, when we experience an increase as a result of external market forces, the natural gas rate is still significantly lower than it was 12 months ago. In fact, we’re always looking for ways to save our customers money and some of those efforts are outlined at”


PGW reviews its gas rate quarterly and determines, based on market conditions, whether it should change. The new rate, beginning September 1, 2012, will stay in effect through November 30, 2012.


PGW’s residential natural gas rates are made up of two main components: a supply charge and delivery charge:


The supply charge is the part of the bill that reflects the amount of gas used by the customer. This charge is what PGW pays for the gas and is passed on to the customer without markup.


The delivery charge includes the cost of delivering natural gas to the customer’s residence, distribution system maintenance and customer billing costs, as well as weather adjustments.

  • Facebook
  • Twitter

Leave a Comment

Recent News


Review: ‘Easter Sunday’ is a loving ode to Filipino culture

August 12, 2022

Tweet Share Pin Email ABOVE PHOTO: This image released by Universal Pictures shows Jo Koy, center, in...

Week In Review

Father, son get life for hate crime in Ahmaud Arbery’s death

August 12, 2022

Tweet Share Pin Email ABOVE PHOTO: Wanda Cooper-Jones and Marcus Arbery, the parents of Ahmaud Arbery, address...


The value of culturally competent care: How centering health equity can improve quality and lower costs

August 12, 2022

Tweet Share Pin Email ABOVE PHOTO: Daniel Sanchez  BPT By Daniel Sanchez Director, Diversity, Inclusion and Health...


Mastriano, Pa. nominee, cuts short interview with 1/6 panel

August 12, 2022

Tweet Share Pin Email ABOVE PHOTO: Doug Mastriano, speaks at an event on July 1, 2022, at...

Color Of Money

Three ways to protect against social engineering attacks

August 12, 2022

Tweet Share Pin Email BPT The foundation of all human relationships is trust. But our tendency to...

Food And Beverage

What’s Cookin’? Guacamole with White Peaches

August 12, 2022

Tweet Share Pin Email Tweet Share Pin Email Related Posts What’s Cookin’? Apple Tea What’s Cookin’?: 7...

The Philadelphia Sunday Sun Staff