5 Things You Need to Know About Why Your 'Gas' Bill Just Skyrocketed This Month
- The 'gas' price per therm is surging due to a perfect storm of cold snaps and increased global demand for liquefied natural gas exports.
- Supply chain bottlenecks, including reduced pipeline capacity and maintenance shutdowns, are limiting how much natural 'gas' can reach your home.
- Delivery fees are up. Utility companies are passing higher distribution costs onto consumers, making up nearly 40% of your total 'gas' bill.
- You're paying for last winter's supply buys. Many utilities locked in higher 'gas' contracts months ago to prevent shortages, and you're now footing the bill.
- Check your bill for a 'Purchased Gas Adjustment' clause. This variable charge fluctuates with the market, often the main trigger for sudden 'gas' cost spikes.