Daily News | Utility bills are soaring in the Philly region and so is customer outrage
The reason your utility bill has increased is pretty straightforward: Energy prices are. You see it at the gas pump. Residents with furnaces that use heating oil or propane are experiencing it. And natural gas prices, which set the market rate for electricity, have doubled in the last year.
It’s not just Pennsylvania. Commodity prices for New Jersey utility customers are higher this year than the previous five years, according to the New Jersey Board of Public Utilities, the state regulator. A rule of thumb 10 years ago is that energy costs were about two-thirds of a customer bill. But energy prices have declined in the last decade, with the advent of U.S. shale-gas production, and now account for less than half a typical utility bill.
But the commodity charges are different. In Pennsylvania, utilities are allowed to adjust their energy costs every three months to reflect fluctuations in the price they pay for gas or electricity. They are not permitted to make a profit on the fuel costs -- the cost is passed through to customers without a markup. Regulators audit the fuel charges annually to make sure the fees are justified.
But January’s weather was the coldest of any month in the last four years in Philadelphia. Combined with higher energy charges, it resulted in some eye-popping bills. So far in 2022, Peco has delivered 17% more gas to customers than anticipated.More than 150,000 New Jersey households enrolled in the state’s Universal Service Fund program in the last three months of 2021, surpassing the number that applied in the previous nine months.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EXCLUSIVE: UPenn, Philly DA ignore complaints about Lia Thomas's male nudity in women's locker roomImagine you are a parent to a female college student-athlete. Now, imagine, what would you do if your daughter told you that someone who was a man and still had male genitalia was frequently naked in front of your daughter every day after practice. How would you feel as a parent?
Weiterlesen »
Bullets hit police headquarters in Northeast PhillyOne shot came through a cafeteria window and struck a wall at the Internal Affairs Bureau headquarters in the Burholme section, police said.
Weiterlesen »
Shots fired at police headquarters in Northeast PhillyOne shot came through a cafeteria window and struck a wall at the Internal Affairs Bureau headquarters in the Burholme section, police said.
Weiterlesen »
James Harden, Joel Embiid dominate for Sixers in biggest Philly debut since Roy Halladay | Marcus HayesThe Beard, sleek and trim, shined with 27 points, 12 assists, and eight rebounds in the biggest debut Philly since Doc Halladay and T.O. Ben Simmons remains inactive for the Brooklyn Nets.
Weiterlesen »
FYI Philly celebrates Black business owners, from chefs to bakers to fashion designersTaRhonda Thomas and Tamala Edwards host a new FYI Philly shining a spotlight on Black-owned businesses, from bakers young and old, to a designer making national headlines and a chef making Old City feel new.
Weiterlesen »
Congressional Gold Medals for groundbreaking wartime service awarded to two Philly brothersReplicas of the medal were awarded posthumously to relatives of Alfonzia and Timerlate Kirven, who joined the Marine Corps in 1943.
Weiterlesen »