Our state government and the region’s natural gas industry continue to work collaboratively to ensure that the concerns and needs of local communities across the Commonwealth are effectively addressed. In fact, in addition to the more than $1.6 billion in state taxes that the natural gas industry has paid since 2006 in Pennsylvania, the recently enacted natural gas impact fee has generated more than $206 million for various programs, with the majority of these revenues going to local communities. Here’s more information about the revenues being generated, benefiting every Pennsylvanian, thanks to safe natural gas development.
For consumers, expanded natural gas production from the Marcellus Shale is leading to significant savings in the form of lower, more affordable energy costs. And as more clean-burning natural gas is safely produced, more consumer savings are being realized. In fact, the region’s largest natural gas utilities – PECO, NFG, PGW, Columbia, Equitable, UGI, UGI Penn, and Peoples – averaged a 41.25% cut in rates for consumers from 2008 to 2011, equating to nearly $3,200 in average savings per customer during that period.
