Curated News
By: NewsRamp Editorial Staff
March 28, 2025
UGI Utilities, Inc. Files for $110.4 Million Annual Rate Increase with Pennsylvania PUC
TLDR
- UGI Utilities, Inc. requests base rate increase of $110.4 million annually for residential, commercial, and industrial customers to fund system improvements.
- The requested rate increase will fund system upgrades and operations to ensure safe and reliable natural gas service for customers in Pennsylvania.
- UGI's rate increase request, if approved, will support investments in improving the natural gas distribution system, facilities, and technology for better service.
- UGI's rate increase proposal involves replacing non-contemporary pipelines with modern materials, reflecting a commitment to infrastructure enhancement and safety measures.
Impact - Why it Matters
This news matters as it highlights the proposed rate increase by UGI Utilities, Inc. for natural gas customers in Pennsylvania. If approved, residential, commercial, and industrial customers could see significant increases in their monthly bills, impacting their expenses. Customers are encouraged to stay informed about the proceedings and explore options for managing their gas costs.
Summary
UGI Utilities, Inc. - Gas Division has filed a request with the Pennsylvania Public Utility Commission to increase its base rates for residential, commercial, and industrial customers by $110.4 million annually. The proposed increase is to cover ongoing costs necessary for maintaining safe and reliable natural gas service.
If approved, residential heating customers could see a 10.8% increase, commercial heating customers an 8.6% increase, and industrial customers a 7.5% increase in their monthly bills. UGI's filing includes over $786 million in investments for system improvements not reflected in current rates.
The rate increase request will impact the delivery charge portion of customers' bills, with the new rates expected to take effect in October 2025 after a nine-month PUC proceeding. Customers can view the filing materials on UGI's website or call for more information.
Source Statement
This curated news summary relied on this press release disributed by Reportable. Read the source press release here, UGI Utilities, Inc. Files for $110.4 Million Annual Rate Increase with Pennsylvania PUC
