SPRINGFIELD, Mo. (KY3) - Frigid weather conditions have placed a high demand on natural gas supplies in the Springfield region, according to City Utilities.
According to City Utilities, natural gas wells are freezing in the southwest, which is causing limited supply. In response, suppliers are expected to increase prices on remaining supplies of natural gas.
“This is an unprecedented weather event that is impacting not only all of our customers, but natural gas utility customers throughout the Midwest,” said Gary Gibson, General Manager and CEO of City Utilities of Springfield, “our priority with every service we provide is to keep our customers safe and assured that we are doing all we possibly can during this severe winter event.”
Costs have risen from a market price of $3 per dekatherm rate to almost $400 per dekatherm, City Utilities said Sunday in a news release.
While CU purchases less than 25 percent of its natural gas supply from the market, this situation will likely have an impact on future utility bills. The remainder of natural gas for City Utilities customers comes from fixed price contracts and storage, which is purchased offseason.
In preparation of frigid weather, City Utilities has initiated a Natural Gas Curtailment agreement with several commercial and industrial customers who have the ability to switch from natural gas to an alternate fuel source. This option immediately redirects supply to residential and other commercial customers, and will be in effect through 9 a.m. Tuesday, but could be extended.
Additionally, City Utilities activated the Natural Gas Peak Shaving system which combines a supply of propane and air and is injected into the natural gas transmission system to assist with this peak demand. This will be the first time this system has been used and was put in place for such an event.
“We are asking our community to work together, as we have so many times in the past, to get through this peak period with as minimal impact as possible,” said Gibson. “We have already seen businesses volunteer to reduce their usage, and we are asking everyone else to do the same.”
There are a few steps you can take to help reduce the impact of this weather to your utility bill:
• Turn down your thermostat at least 2 degrees from your normal setting. 68 degrees is the suggested average setting for winter.
• Limit the use of natural gas fireplaces.
• Limit the use of plug-in electric space heaters.
• Turn down the temperature setting of your water heater.
• Look for other opportunities within your home to lessen the use of electricity and natural gas during this short period
To report a correction or typo, please email digitalnews@ky3.com
Copyright 2021 KY3. All rights reserved.
"peak" - Google News
February 14, 2021 at 01:31AM
https://ift.tt/3b1h6YN
City Utilities reports peak demand, limited supply for natural gas in Springfield amid frigid weather - KYTV
"peak" - Google News
https://ift.tt/2KZvTqs
https://ift.tt/2Ywz40B
Bagikan Berita Ini
0 Response to "City Utilities reports peak demand, limited supply for natural gas in Springfield amid frigid weather - KYTV"
Post a Comment