Underground Energy Revolution in PA Without Any Government Interference, Just Consumer Greed
For the fiscal year that ended in September, the gas utility UGI completed more than 7,300 residential and 1,600 commercial fuel oil-to-gas conversions, a company record. Yet, the record pace accelerated by another 57 percent in October, November and December, the first quarter of UGI’s 2012 fiscal year. The reason?
“It’s clearly price,” answered Joe Swope, UGI’s communication manager in Reading. “That is the driving factor. Right now, you have a situation where there is just a tremendous price disparity.”
How big are the savings?
UGI estimates that the average family of four will save $1,000 to $1,500 a year at current prices by switching from oil to gas."
MP: Note that this "underground energy revolution" in Pennsylvania is happening automatically and spontaneously without any special
HT: John Hanger