5:29 PM / Saturday June 22, 2024

10 Dec 2012

Philadelphia Gas Works (PGW) announces natural gas costs for next quarter

  • Facebook
  • Twitter
December 10, 2012 Category: Color Of Money Posted by:

Average PGW residential heating customers will pay about $7.64 less per month for the next 3 months than this time last year


Philadelphia Gas Works (PGW) today announced that this quarter’s 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 $1.41 per hundred cubic feet (Ccf) to $1.46 per Ccf for residential customers. The new rate reflects what PGW pays for the gas.


On an annualized basis, the average residential customer using 880 Ccf of natural gas, will pay an additional $3.93 per month, which is still $3.33 per month less than 12 months ago.


“Even though the market price has increased it is still at near historic lows,” said Craig E. White, PGW President and Chief Executive Officer. “At PGW we are committed to helping customers save money on energy costs. We recommend customers visit where they can find valuable cost cutting rebates and incentives on high efficiency natural gas equipment to conserve energy and contribute to a cleaner environment while saving money.”


PGW reviews its gas rate quarterly and determines, based on market conditions, whether it should change. The new rate, beginning December 1, 2012, will stay in effect through February 28, 2013.


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

Color Of Money

Things are not always what they seem: Beware of identity fraud

June 3, 2024

Tweet Email BPT Scam artists are constantly changing tactics to steal your personal identifiable information (PII), including...

Philly NAACP

June 23, 2024

June 22, 2024

Tweet Email Tweet Email Related Posts Philadelphia Judicial Primary Candidates At A Glance Guide Philadelphia Judicial Candidates...


Alzheimer’s drug that can slow disease gets backing from FDA advisers

June 16, 2024



Willie Mays, Giants’ electrifying ‘Say Hey Kid,’ has died at 93

June 21, 2024

Tweet Email ABOVE PHOTO: Baseball legend Willie Mays smiles prior to a game between the New York...


cj speaks…Trusting in God

May 19, 2024

Tweet Email Life is filled with so many choices, opportunities, and decisions. Sometimes it is so overwhelming,...

Home and Garden

Refresh your shade garden: Transform the outdoors with impatiens

June 16, 2024

Tweet Email BPT Gardening enthusiasts, rejoice! The long-awaited moment has arrived — gardening season is officially here....

The Philadelphia Sunday Sun Staff