READING - UGI Central Penn Gas (UGI CPG) announced Wednesday that customers' purchased gas cost rates will decrease Dec. 1 due to lower wholesale natural gas costs. As a result, the average residential heating customer's bill will decrease approximately 2.4 percent, from $93.54 to $91.33 per month.
"We are pleased to offer this cost reduction to our customers as we enter the winter heating season," said UGI Utilities Vice President of Rates Paul Szykman. "The availability of significant supplies of locally produced Marcellus Shale gas continues to have a beneficial impact on natural gas prices. UGI CPG natural gas prices remain very affordable. Also, many new customers who've recently converted to natural gas from other fuels will be seeing extra savings."
By law, utilities cannot earn a profit on the natural gas commodity portion of a customer's bill. They are required to pass the cost of the natural gas they purchase directly through to customers without any markup. Purchased gas cost rates may be adjusted quarterly.
UGI CPG offers a free budget billing plan that is designed to spread payments out evenly each month. Customers with a limited or fixed income are encouraged to call UGI CPG at 1-800-UGI-WARM (844-9276) to determine if they are eligible for one of several energy assistance programs. Any customer who is behind on their gas bills should contact UGI CPG at 1-800-652-0550 as soon as possible to discuss a payment arrangement.
UGI Central Penn Gas, Inc. is a wholly owned subsidiary of UGI Utilities, Inc. UGI Central Penn Gas serves more than 78,000 customers in 35 counties in eastern and central Pennsylvania, including customers in and around Bedford, Clearfield, Coudersport, Hamburg, Huntington, Lewistown, Lock Haven, Fryburg, Lehighton, Oxford, Pittston, Pottsville, Port Allegany, Shamokin, Shippensburg, Stroudsburg, Troy, Waynesboro and Wellsboro.
Additional information about UGI Central Penn Gas is available at www.ugi.com.