Peak Daily Domestic Demand for Natural Gas and Electricity

The natural gas system set a record for total daily domestic demand of 162.0 Bcf on 1/16/2024. This was a significant increase over the record previously set in 2022 when total daily demand reached 158.4 Bcf.

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Average Use per Residential Natural Gas Consumer

Normalized natural gas use per residential gas customer fell 51% between 1971 and 2023, or 1.34% per year for 53 years.

Energy Insights

Energy Insights: High-Efficiency Gas Furnace Installations Surge

New estimates using industry shipment data and IRS statistics show that tax credits are helping consumers make more efficient choices when selecting natural gas heating equipment

Energy Insights

Energy Insights: Residential Natural Gas Prices Expected to Drop

Residential natural gas prices are expected to reach their lowest level since 1977 next year after adjusting for inflation, according to the Energy Information Administration (EIA) Short-Term Energy Outlook. The anticipated decline in residential natural gas prices marks a significant moment for natural gas pricing for consumers. The EIA forecast shows inflation-adjusted natural gas prices drop to $12.75 per Mcf in 2024 and $12.00 per Mcf in 2025, a decline of 17% and 22%, respectively, from 2023 prices.

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