Energy in the News

Misstep turns good news into bad for Summit Natural Gas

Mon, 09/12/2016 - 15:33

The Portland Press Herald explains how a pricing error by Summit Natural Gas has lead to a spike in prices for Maine customers.

"The proposed rate this heating season for home customers of Summit Natural Gas of Maine is the lowest since the company began operating in 2013, and is comparable to current average heating oil prices, figures compiled by the Governor’s Energy Office show.

This would seem to be a selling point for Summit, which entered Maine three years ago with the promise of expanding the state’s limited natural gas pipeline network and providing a cleaner, more-affordable alternative to heating oil.

But Summit came under fire last Thursday after it emailed a notice to its customers showing that its residential rate would climb 154 percent starting Oct. 1. The pending increase, however, was calculated off the current, unusually low summer rate, which draws little attention since people don’t heat their homes in the summer."

For more on this topic, see the original article here.