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UGI announces gas price hikes

The cost of heating your home with gas is slated to increase in June and December, according to a release from UGI.

PENNSYLVANIA, USA — UGI Utilities, Inc. announced Thursday that gas cost rates will increase on June 1, 2024. An additional increase is projected on December 1, 2024.

UGI will submit its December 1 natural gas cost rate projection in an annual filing with the Pennsylvania Public Utility Commission (PUC).

The bill for a typical home heating customer will increase on June 1 from $90.94 to $95.04 or 4.5 percent. If UGI’s proposed projected rates for December 1 are approved, the bill for a typical residential heating customer will increase to $101.99 or an additional 7.3 percent.

Utilities are required to pass the cost of the natural gas they purchase directly through to customers without any markup.

Customers may call UGI at 1-800-276-2722 to receive further information on the proposed rates or to find out what actions they may take. 

The price hike comes after rate decreases in March of this year and December 2023.

The company offers assistance and payment options on the UGI website.

Pennsylvania offers low-income heating assistance through the LIHEAP program.

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