Pa.’s natural gas impact fee revenue drops
5 Articles
5 Articles
Pa.’s natural gas impact fee revenue drops
Marcellus Shale gas wells site in northern Pennsylvania. (Getty Images)Pennsylvania’s tax on natural gas development and fracking brought in $164.5 million in 2024 – about $15 million less than the previous year. The state Public Utility Commission attributes the decline to a decrease in new wells, which are subject to the highest fees, and natural gas prices that remained roughly even to the previous year. It’s also around $100 million less th…
PA PUC Distributes 2024 Impact Fee – Revenue Dropped $15M YOY - Marcellus Drilling News
Yesterday, the Pennsylvania Public Utility Commission (PUC) announced the distribution of $164,592,500 in natural gas impact fees collected from producers for the 2024 reporting year. The bad news is that the impact fee raised $15 million less than it did in 2023, the prior year. The good news is that the state Independent Fiscal Office...
Natural gas impact fee brings over $164M to PA - Central Penn Business Journal
Natural gas impact fee generated $164.5 million in 2024 Total collected since 2012 surpasses $2.88 billion statewide Funds support infrastructure, safety, environment, and jobs Pennsylvania‘s natural gas impact fee generated $164.5M in 2024, fueling local projects, job growth, and nearly $3B in statewide investments since 2012, the Pennsylvania Public Utility Commission (PUC) announced. The PUC’s latest report on impact fee collection and d…
Pennsylvania Gaming Revenue Hits Record $600 Million in May
HARRISBURG, PA — Pennsylvania’s gaming industry achieved a historic milestone in May 2025, with combined revenue from all forms of gaming and fantasy contests exceeding $600 million for the first time. The Pennsylvania Gaming Control Board (PGCB) reported total revenue of $601,833,369, a 15.52% increase over May 2024. This record-breaking performance generated $255,136,529 in tax revenue for the Commonwealth. Revenue by Gaming Category Slot Mach…
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