Natural Gas Impact Fee Delivers More than $6.3 Million to Region’s Communities
Earlier this week, the Pennsylvania Public Utility Commission (PUC) announced detailed information about this year’s distribution of impact fees on natural gas producers, totaling $234,437,575.
At this point I want to make something clear; although it is listed as a “fee” the impact fee is in fact a tax on our natural gas industry. It is defined as a “fee” in order to be able to allocate the money through legislation in a way that ensures the communities that are impacted are able to more directly receive a significant portion of the tax. This is so the local governments can maintain the infrastructure as well as improve infrastructure that will enable our region to provide more of the energy our nation needs to heat and light up homes and businesses.
County and municipal governments directly affected by drilling will receive a total of $123,217,163 for the 2021 reporting year. Additionally, $86,030,934 will be transferred to the Marcellus Legacy Fund, which provides financial support for environmental, highway, water and sewer projects, rehabilitation of greenways and other projects throughout the state. Also, $25,189,477 will be distributed to state agencies, as specified by Act 13.
In our region, the counties of Cameron, Clearfield, Clinton, Elk, Jefferson, McKean, Potter and Tioga will receive a combined total distributions of $6.34 million:
Cameron – $414,908.46
Clearfield – $460,627.82
Clinton – $367,053.53
Elk – $777,018.34
Jefferson – $181,326.95
McKean – $454,728.97
Potter – $341,800.62
Tioga – $3,346,598.24
More information about the distributions can be found on the PUC’s Act 13 website.
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