UGI to Increase Natural Gas Costs on September 1
31 Aug 2022
UGI Utilities, Inc. announced its purchased gas cost rates will increase on September 1, 2022. As a result, the average residential heating customer’s bill will rise by 7.6% percent, increasing from $106.69 per month to $114.83 per month.
“Energy prices in general, including natural gas, have continued to rise due to increased global demand among other factors” Chris Brown, UGI Vice President and General Manager of Rates and Supply, said. “UGI works closely with our suppliers to ensure our customers continue to receive strong value in choosing natural gas and understands the impact that this rate increase will have on our customers. Despite this increase, natural gas remains an economical energy choice backed by local, reliable shale gas supplies.”
Mr. Brown added that natural gas prices in Pennsylvania continue to remain lower than in other parts of the country because of local Marcellus Shale production.
By law, utilities are required to pass the cost of the natural gas they purchase directly through to customers without any markup.
UGI recognizes some customers may have difficulty paying their heating bill. The Company offers budget billing, as well as multiple free payment options to customers who enroll in UGI’s online bill payment program, or the auto-deduction program to assist customers in managing bill payments.
In addition, customers with a limited or fixed income should call UGI at 1-800-UGI-WARM to determine if they are eligible for one of a number of energy assistance programs. In addition to company-sponsored programs, UGI can assist eligible customers in applying for federally-funded Low-Income Home Energy Assistance Program (LIHEAP) grants.
UGI encourages customers to use energy wisely and make efficiency improvements in their homes. Additional information on energy efficiency and customer assistance programs is available on UGI’s website at www.ugi.com.
UGI Utilities, Inc. is based in Denver, Pennsylvania and serves more than 670,000 natural gas customers in 45 counties in Pennsylvania. Additional information about UGI is available at www.ugi.com on Facebook at www.facebook.com/ugiutilities; and Twitter at www.twitter.com/ugi_utilities.