PA Impact Fee Raises More Revenue than Expected
The new Pennsylvania Act 13 drilling law is paying off. Yesterday the PA State Public Utility Commission (PUC), the agency charged will billing and receiving the “impact fee” provided for under the new law, reported how much money was billed, and how much was received. We have the detailed list by drilling company (embedded below).
The original estimate in the spring of this year when the law was passed, is that the first year would raise a total of $180 million in new revenue. The good news? More than $200 million was raised from the impact fee. The PUC billed drillers $205,890,000. So far they’ve paid $197,600,000. The difference is either cases where the driller disputes the PUC’s information about the status of a well, and a few cases of “the check is in the mail.”
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Dimock Proud, a group of homeowners in and around Dimock, PA who have banded together to defend their town’s reputation against mainstream media news attacks painting the area as a contaminated wasteland, report that two residents who have been among the most vocal critics against drilling and against Cabot Oil & Gas, Craig and Julie Sautner, have settled their lawsuit with Cabot and have left town.
On Wednesday, a group of 22 State of New York town supervisors, mostly from the Southern Tier area of New York, sent a letter to Gov. Andrew Cuomo strongly encouraging him to release the Dept. of Environmental Conservation’s new drilling rules (called the SGEIS) now. A copy of the letter is embedded below. One of the signatories is Town of Binghamton Supervisor Tim Whitesell, current president of the New York State Association of Towns.