UGI Central Penn Gas to Decrease Natural Gas Rates 3.5% on December 1, 2012
17 May 2012
Reading, PA (May 17, 2012) — UGI Central Penn Gas (UGI CPG) announced that on June 1, the utility will submit its annual filing with the Pennsylvania Public Utility Commission (PUC) to establish purchased gas cost rates for December 1, 2012.
If UGI CPG’s request is approved, the average residential heating customer’s bill will decrease by 3.5% on December 1 due to lower wholesale natural gas prices. UGI CPG most recently decreased rates by 2.2% on March 1, 2012 and also by 4.5% on December 1, 2011.
Currently, the average monthly bill for UGI CPG customers is nearly 30% lower than it was 4 years ago. The projected December 1 decrease is a continuation of that trend.
According to Vicki O. Ebner, Senior Vice President, Customer & Government Relations, “An abundant supply of natural gas is allowing us to continue to pass these savings onto our customers. Thanks in part to Marcellus Shale production, natural gas prices are at historic lows. There has never been a better time to have natural gas for your home or business needs. Customers can save up to $1,500 per year by converting to natural gas.”
If UGI CPG’s proposed December rates are approved, the bill for a typical residential retail heating customer who uses about 68.4 ccf of natural gas per month will decrease from $94.17 per month to $90.91 on December 1. The bill for a typical commercial retail customer using 23.7 Mcf per month will decrease from $236.78 per month to $225.40 on December 1. The bill for a typical industrial retail customer using 154.6 Mcf per month will decrease from $1,372.27 per month to $1,298.12 on December 1.
Customers may call UGI CPG at 1-800-652-0550 to receive further information on the proposed rates. Any customer who is struggling to pay their gas bills should contact UGI CPG to determine if they are eligible for one of several energy assistance programs or discuss a payment arrangement for any past due balances.
UGI Central Penn Gas, Inc. is a wholly owned subsidiary of UGI Utilities, Inc. UGI Central Penn Gas serves approximately 76,000 customers in 35 counties in eastern and central Pennsylvania, including customers in and around Bedford, Clearfield, Coudersport, Hamburg, Huntington, Lewistown, Lock Haven, Fryburg, Lehighton, Oxford, Pittston, Pottsville, Port Allegany, Shamokin, Shippensburg, Stroudsburg, Troy, Waynesboro and Wellsboro.
Additional information about UGI Central Penn Gas is available at www.ugi.com.