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Stock impact report

UGI's natural gas rates to increase Dec. 1 [Yahoo! Finance]

UGI Corporation (UGI) 
Last ugi corporation earnings: 2/5 04:18 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The increase is due to a rise in wholesale natural gas supply prices, which utilities are required by law to pass on to customers without markup. UGI offers various payment options and energy assistance programs to help customers manage their bills, including budget billing, online payments, and federally funded grants for low-income households. Nov. 27—WILKES-BARRE — UGI Utilities Inc. announced on Wednesday that a purchased gas cost rate increase will take effect on Dec. 1. As a result, UGI said the average residential heating customer receiving gas supply from UGI will see their bill increase 8.7%, raising the average monthly bill from $95.40 per month to $103.69 per month. Utilities are required by law to pass the cost of the natural gas they purchase directly through to customers without any markup. "UGI continues to work to find the lowest cost supply options for our customers," said Paul Szykman, Chief Regulatory Officer. "This increase reflects the general rise in whol Show less Read more
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