Factors Affecting Natural Gas Pricing
Cost of Gas
While PSNC Energy is not a producer of natural gas, we are your natural gas distribution company. Petroleum companies like ConocoPhillips and Shell actually produce the natural gas you use in your home, which primarily comes from drilling done in the Gulf of Mexico.

Any significant change in the supply and demand of natural gas, such as storms that disrupt production or cold weather that increases customer demand, can raise wholesale costs for this fuel.

It's important to understand that PSNC Energy purchases natural gas on the wholesale market and brings that gas to North Carolina. The cost of this purchased gas can fluctuate, and has the greatest impact on what you pay for service. It can account for as much as 74% of your rate.

PSNC Energy does not profit from the purchased gas costs.
Facebook Twitter YouTube