National Fuel Gas Distribution general rate case
R-2025-3059428 · Opened Dec 19, 2025
Open
briefing
National Fuel Gas Distribution Corporation — Pennsylvania
PA · gas
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Current | Current natural-gas profile Natural gas · Latest supported values | 10.25% Authorized mechanism · Jun 18, 2026 | — | — |
| Oct 31, 2027 | National Fuel Gas Distribution general rate case R-2025-3059428 · Fully projected future test period ending October 31, 2027 · Natural gas | 11.25% Utility request · Jan 28, 2026 | 56.4% Utility request · Jan 28, 2026 | $571.58M Utility request · Oct 31, 2027 |
| Jun 15, 2023 | National Fuel Gas Distribution general rate case R-2022-3035730 · Natural gas | — | — Authorized · Jun 15, 2023 | — |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Return on equity | Jun 18, 2026 | mechanism authorized | 10.25% | Commission-approved ROE for National Fuel Gas's Distribution System Improvement Charge |
| Common equity ratio | Jun 15, 2023 | authorized | — | Authorized base-rate common-equity ratio; no standalone value adopted in the black-box settlement |
| Common equity ratio | Jan 28, 2026 | utility request | 56.4% | Requested common-equity share of capitalization |
| Rate base | Oct 31, 2027 | utility request | $571.58M | Fully projected future-test-period total rate base |
| Return on equity | Jan 28, 2026 | utility request | 11.25% | Requested return on common equity |
| Annual revenue change | Jun 15, 2023 | authorized | $23M/year | Prior authorized observation |
| Annual revenue change | Oct 28, 2022 | utility request | $28.1M/year | Prior authorized observation |
| Residential monthly bill impact | Jan 28, 2026 | utility request | 5.9% | residential customer using 80 ccf per month |
| Annual revenue change | Jan 28, 2026 | utility request | $19.7M/year | natural-gas base delivery rates |