UGI Requests 2.5% Rate Decrease for December 1
15 Mar 2009
Reading, PA (May 15, 2009) – UGI Utilities, Inc – Gas Division (UGI) 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, 2009. If UGI’s request is approved, the average residential heating customer’s bill will decrease by 2.5% on December 1 due to lower wholesale natural gas prices.
UGI most recently decreased rates by 6.6% on March 1, 2009 and also by 16% on December 1, 2008. If UGI’s proposed December rates are approved as filed, the average residential heating bill will be 9% lower on December 1, 2009 than one year earlier. According to Peter G. Terranova, Vice President of Marketing & Supply, “We are extremely pleased to be passing these saving on to our customers, especially during these difficult economic times.”
If UGI’s proposed December rates are approved, the bill for a typical residential retail heating customer who uses about 85 hundred cubic feet (ccf) of natural gas per month will decrease from $119.23 per month to $116.25 on December 1. The bill for a typical commercial retail customer using 39.3 thousand cubic feet (Mcf) per month will decrease from $545.66 per month to $531.85. The bill for a typical industrial retail customer using 100.6 thousand cubic feet (Mcf) per month will decrease from $1,370.74 per month to $1,335.43.
Customers may call UGI at 1-800-276-2722 to receive further information on the proposed rates. Any customer who is struggling to pay their gas bills should contact UGI to determine if they are eligible for one of several energy assistance programs or discuss a payment arrangement for any past due balances.
UGI’s Gas Division is headquartered in Reading, Pennsylvania and serves
approximately 320,000 customers in 15 southeastern Pennsylvania counties, including customers in and around Allentown, Bethlehem, Easton, Hazleton, Harrisburg, Lancaster and Reading. Additional information about UGI’s Gas Division is available at www.ugi.com.