Natural Gas Impact Fee Estimates Released
The state’s Independent Fiscal Office estimates that shale gas impact fee collections for calendar year 2020 will be $144.9 million, a $55.9 million decrease compared to 2019. The drop is due to lower gas prices, fewer wells being drilled, and reduced payments from aging wells that pay lower fees. This is the amount that producers are expected to remit to the Pennsylvania Public Utility Commission (PUC) by April 2021. Click here for more.
The PUC is not expected to release Act 13 impact fee distribution information for individual municipalities before mid-June. Once distributions are calculated, townships will find this information at www.act13-reporting.puc.pa.gov. Note that the distribution for calendar year 2020 will be made to townships around July 1, 2021.