Pipelines deliver energy savings
December 5, 2016
(George Stark - Guest Columnist for Times Leader)
Residents across Pennsylvania take comfort. If you use natural gas or electricity (increasingly fueled by natural gas) for heating, cooking and everyday uses, Pennsylvania’s natural gas producers are ready for this upcoming winter.
At Cabot, we produce over 1.5 billion cubic feet of natural gas every day from Pennsylvania’s vast shale supplies. Cabot’s development in Northeastern Pennsylvania helped the commonwealth become the country’s second-largest natural gas producing state in 2015, as Pennsylvania’s natural gas production exceeded 4.6 trillion cubic feet.
Ascending to the country’s second-highest gas producing state has meant savings for families and businesses. More and more households and commercial customers are converting to natural gas, utilities are working to build out their local delivery networks, and the state just announced $24 million in grant funding to help construct the last few miles of natural gas distribution lines to businesses, schools and municipalities.
UGI Utilities provided the details on their growth and customer savings at a luncheon in Hazleton this year. Compared to 2008, UGI estimates that residential customers are saving approximately $700 a year on average. That equates to $415 million saved in 2015 compared with 2008. Since 2008, UGI has converted 53,000 households and more than 70 large commercial and industrial facilities to natural gas.
The state’s other utility customers are experiencing this type of savings as well. The Pennsylvania Utility Commission shows the price utilities have paid for natural gas across the commonwealth has dropped more than 50 percent from 2008 to 2015. Lower natural gas prices mean savings on your electric bill as well. According to the PUC, the electric cost savings for the consumers from Marcellus Shale natural gas from 2011 through the first half of 2014 were $2.1 billion.
Pennsylvania’s economy – its families and businesses – have benefited greatly from the state’s natural gas revolution. However, the often unmentioned and unseen link between natural gas production and energy costs savings are pipelines.
Simply put, pipelines deliver savings...
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