UGI Seeks Rate Hike
UGI Utilities is looking to increase rates for all its customers.
The natural gas company filed a request with the Pennsylvania Public Utility Commission to increase its rates for residential, commercial, and industrial customers.
If approved, residential customers would see an 8.5% hike that works out to about $7 more a month for the average home.
Commercial customers would see an increase of 17.4% while industrial rates would go up by 18%.
The company says those increases include the cost of distribution as well as the price of the gas itself.
UGI says the rate hike is needed for system improvements.