News

Summit customers to see bills double after approval of ‘cost of gas adjustment’

Summit customers to see bills double after approval of ‘cost of gas adjustment’

Photo: clipart.com


Customers will see a sharp rise in their bills from Summit Natural Gas this winter.

The company serves Cumberland, Falmouth, Yarmouth and the Kennebec Valley.

The Public Utilities Commission on Tuesday approved the company’s request for an annual “cost of gas adjustment.”

According to the Portland Press Herald, it would set the price at $2.29 per therm, which is a unit of heat energy.

An average home using 71 therms a month would see bills more than double, from just over $78 to a little over $163.

The approved rate is based on ongoing estimates of the cost of buying enough fuel to supply customers.

It represents a pass-through cost that doesn’t add to Summit’s profits.

The approval is separate from Summit’s request to boost its distribution rate due to rising costs for labor, maintenance and goods and services.

Latest Headlines

3 hours ago in Local

Child Molestation Suspect from Rhode Island Arrested in Maine

Wright was wanted on three counts of first-degree child molestation, and two counts of second-degree child molestation. 

14 hours ago in Local

Barn in Arundel Destroyed in Large Nighttime Fire

Firefighters from Arundel were on the scene for close to four hours

15 hours ago in Local

Portland Farmer’s Market Outdoor Season Starts Saturday

Market organizers are once again matching purchases made through SNAP and EBT.

16 hours ago in Local

12-year-old Skowhegan girl found safe after going missing for 3 days

A 12-year-old Skowhegan girl has been found safe after she was reported missing.

18 hours ago in Local

U.S. Marshals arrest Rhode Island man in Maine for child molestation

A Rhode Island man wanted on five counts of child molestation was arrested in Maine.