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Article: UNited States : Gas Supply Favorable for 09 Winter.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
In a major piece of its winter readiness program, PECO has completed filling its natural gas storage facilities to serve Philadelphia area customers in the coming heating season. The storage capacity covers supplies for the coldest peak demand days, contributes more than one-third of PECO s overall gas portfolio, and hedges against wholesale market price increases during the heating months.
PECO delivered 83.7 billion cubic feet (bcf) of gas last year to its 485,000 customers in the Philadelphia suburban counties. About three-fourths of the utility s typical gas sales occur during the heating months.
"We have sufficient gas ...