UGI announced purchased gas cost rates have decreased. As a result, the average residential heating customer’s bill will drop by 8.0 percent, decreasing from $124.49 per month to $114.51 per month.
“As we now see lower wholesale prices for our gas purchase activity following the increases leading into the winter period, UGI is pleased to pass along these lower costs to our customers,” Paul Szykman, UGI Chief Regulatory Officer, said. “Natural gas remains an excellent energy choice, backed by local, reliable shale gas supplies. UGI recognizes affordability is important to our customers and we strive to bring all customers a balance of affordability, reliability and carbon smart energy choice with our natural gas service offering.”
By law, utilities are required to pass the cost of the natural gas they purchase directly through to customers without any markup.Despite this decrease, 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 go to www.ugi.com/customerassistance or call UGI at 1-800-UGI-WARM to determine if they are eligible for one of several 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.