A report says Natural Gas would save Fairbanks millions

A state-funded study presented to the Fairbanks North Star Borough assembly says building a natural gas distribution system would save residents and businesses millions of dollars.

 

The study from Anchorage-based Northern Economics shows natural gas piped to the borough's densely and moderately populated areas could sharply reduce air pollution while reducing home heating bills by up to $6,300 per year over heating oil.

 

The distribution system produced by the study would put down pipes directly to 80 percent of the borough's homes and businesses, from Chena Ridge to Eielson Air Force Base and as well as Fox and parts of Goldstream Valley.

 

The price tag for the project is estimated at about $400 million.