Wednesday, November 12, 2014

Peco plans to extend natural gas mains, cut costs to homeowners



For suburban Philadelphia heating customers unable to tap into the shale-gas boom because they live beyond the reach of natural gas mains, help may be on the way.


Peco Energy Co. has joined a growing movement of Pennsylvania utilities that are devising new ways to bring down the cost of extending gas mains into underserved neighborhoods.

The company last week filed an application with the Pennsylvania Public Utility Commission for a pilot project to reduce the cost that customers are asked to pay to extend gas mains. Typically, the costs are so onerous that few customers can afford the up-front payment.

The utility proposes to allow customers to finance the cost of extending a gas main into their neighborhood over 20 years, rather than pay it all up front. And it will spread the cost over more customers in the neighborhood, including those who later convert to natural gas.

Peco says it can justify recalculating the payback period because the Marcellus Shale boom is projected to produce an abundance of gas for decades. Gas prices are expected to maintain a big advantage over oil and propane. Gas prices currently are 61 percent less than fuel oil, and 68 percent less than propane, Peco said.

"This change in the economics of natural gas service has generated greater interest among prospective customers in obtaining natural gas service and makes it more likely that a customer will stay with natural gas service for the long term," Phillip T. Eastman Jr., Peco's manager of economic development, said in the utility's PUC filing.

Peco serves 503,000 natural gas customers in the four counties surrounding Philadelphia, but many subdivisions built during times of gas scarcity don't have any gas service. As a rule, it costs $500,000 to $1 million a mile to extend gas mains.

The proposal would make $10 million available over three years for gas-main extensions. If the PUC approves, it would go into effect in 2016.

For Melinda Taylor, a Wayne resident who heats her 60-year-old home with fuel oil, the change can't happen soon enough.

"A lot of people are incensed that we have all this natural gas in the state and it's not benefiting everybody who lives here," she said.

Taylor and 120 neighbors attempted to organize a gas-main extension two years ago, but Peco came back with an estimate that it would cost each household $6,400 for the service. Combined with the cost of new furnaces, the price was too high for many to pay.

Peco's proposed Neighborhood Gas Pilot Program attempts to resolve a perverse disincentive in the current rules for customers to switch.

Peco now allocates the cost of extending a gas main only to customers who initially sign contracts to tie in. Customers who later connect to the gas main their neighbors paid to build become "free riders."

Peco will now calculate the cost of a gas main extension assuming that 75 percent of customers in any sector will connect to the service over 20 years. It will require only 20 percent of the customers to sign up initially.

Combined with allowing customers to pay the costs in monthly installments on their bills, the new changes should dramatically reduce the up-front cost.

"Those were the two issues our neighborhood group objected to the most - that they needed the full payment up front, and that some neighbors could be free riders," said Taylor.

Peco is the fourth Pennsylvania utility to respond to calls from the PUC and legislators to extend access to natural gas service to more residents.

The PUC in February approved UGI Utilities' GET Gas pilot program. The company, which serves 570,000 customers in eastern and central Pennsylvania, broke ground last month on its first new gas main in a neighborhood near Lancaster.

UGI allotted $75 million over five years for its pilot program. It has already received more than $200 million in qualified requests, said UGI spokesman Keith Dorman.

"There's a tremendous amount of pent-up demand there," he said.

The PUC held out UGI's program as an example to other gas companies.

"I challenge other natural gas utilities operating in underserved or unserved areas to also begin thinking creatively on how they, too, can bring a homegrown fuel to more Pennsylvania businesses and homeowners," PUC Commissioner Pamela A. Witmer said when the program was approved.

Columbia Gas of Pennsylvania and Leatherstocking Gas Co., a new utility that began service in 2012 in Marcellus-rich Susquehanna County, have also filed with the PUC for programs to encourage gas-main extensions.

A second part of Peco's proposal would allocate $3 million over three years between Bucks, Chester, Delaware and Montgomery Counties to build gas mains to "critical public facilities" such as 911 call centers or water-treatment plants. The service would enable the installation of gas generators to provide backup power in case of electrical outages.

In an added effort to expand market share, Peco is also proposing to reduce the cost for thousands of customers who live along existing gas mains to connect to the service.

Peco spokesman Ben Armstrong said a typical residential customer currently pays about $1,600 for a service installation to an existing main.

Under the proposed plan, the same customer would pay nothing.

Source: Philly.com

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