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UGI Seeks $99.4 Million Annual Rate Increase for Pennsylvania Natural Gas Customers

By Advos

TL;DR

UGI's $99.4 million rate increase request could signal investment opportunities in utility infrastructure for those monitoring Pennsylvania's energy sector.

UGI filed with the PUC to raise base rates by $99.4 million annually to recover costs from system upgrades ensuring service reliability.

UGI's proposed rate increase funds essential system upgrades that maintain safe, reliable natural gas service for over 700,000 Pennsylvania households and businesses.

UGI Utilities serves 700,000 customers across 46 Pennsylvania counties and is seeking regulatory approval for significant infrastructure investments through rate adjustments.

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UGI Seeks $99.4 Million Annual Rate Increase for Pennsylvania Natural Gas Customers

UGI Utilities, Inc. - Gas Division has filed a formal request with the Pennsylvania Public Utility Commission to increase its base rates by $99.4 million annually. The proposed adjustment would apply to residential, commercial, and industrial natural gas customers throughout the company's service territory.

The utility states the additional revenue is necessary to recover investments made in system upgrades and to maintain safe and reliable natural gas service. UGI serves more than 700,000 customers across 46 Pennsylvania counties, making this one of the most substantial rate requests affecting the state's energy consumers in recent years.

Rate cases before the PUC typically involve extensive review processes where regulators examine the justification for proposed increases, consider customer impacts, and may modify the requested amounts. The commission's decision will determine the final approved rates and the timing of their implementation.

For Pennsylvania households and businesses already managing energy costs, this proposed increase represents a potential financial impact that could affect monthly budgets and operational expenses. The industrial sector, which relies on consistent and affordable natural gas for manufacturing and production, may face increased operational costs if the request is approved.

Additional information about UGI Utilities, Inc. is available at https://www.ugi.com. The Pennsylvania Public Utility Commission will review the filing through its standard regulatory process, which includes opportunities for public comment and evidentiary hearings before any final decision is rendered.

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