UGI Utilities, Inc. (UGI) announced that its purchased gas cost rates will not change on June 1, 2026, providing stability for customers through the summer months. However, the company projects an increase in December 2026, reflecting higher natural gas market prices and supply costs. The announcement was made in a press release on May 15, 2026, highlighting UGI's commitment to transparent pricing and cost management.
UGI, based in Denver, Pennsylvania, serves more than 760,000 natural gas and electric customers across 46 counties in Pennsylvania and one county in Maryland. The company adjusts its purchased gas cost rates quarterly to reflect changes in wholesale natural gas prices, which have been volatile due to global demand shifts and supply constraints. According to the release, the projected December increase is driven by anticipated higher costs in the wholesale market, though UGI emphasizes that rates remain competitive.
Customers can find additional information about UGI and its rates on the company's website at www.ugi.com. UGI also maintains a presence on social media, including Facebook and X, where updates and customer service information are shared.
The announcement comes as energy costs remain a concern for many households. By holding rates steady through June, UGI offers short-term relief, but the projected December increase may impact winter heating budgets. The company advises customers to plan ahead and consider budget billing options to manage seasonal fluctuations. UGI also encourages energy efficiency measures to reduce consumption and mitigate higher costs.
This rate stability aligns with UGI's strategy of predictable pricing, though the broader energy market continues to face upward pressure. The company's next quarterly adjustment will be in September 2026, with the December change expected to be more significant. UGI stresses that all rate changes are subject to approval by the Pennsylvania Public Utility Commission, ensuring regulatory oversight.
For media inquiries, John Mason can be contacted at (610) 334-7135 or via email at jmason@ugi.com, though the company does not include links to social media accounts in its official announcements. The full announcement, including downloadable images and bios, is available through the provided link. UGI continues to monitor market conditions and will communicate any further updates to customers promptly.
