trending Market Intelligence /marketintelligence/en/news-insights/trending/ml09vv95o74kj6-dwikoxq2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

UGI utilities file plans to pass along tax savings to Pa. gas customers

Q3: U.S. Solar and Wind Power by the Numbers

Path to Carbon-Free Power Generation by 2035

The Growing Importance of Data Centers for European & U.S. Renewable Projects

CAISO and ERCOT Power Forecasts by the Hour


UGI utilities file plans to pass along tax savings to Pa. gas customers

UGI Corp. detailed plans to cut customer bills at its UGI Central Penn Gas Inc. and UGI Penn Natural Gas Inc. utilities in Pennsylvania as a result of federal corporate tax cuts and lower purchased gas costs.

Under a plan filed with the Pennsylvania Public Utility Commission, UGI Penn's residential customers would see bills decrease by an average of $2.01 per month, to $89.14, starting July 1, according to a June 15 news release. The utility also projected a 2.8% decrease due to lower gas costs starting Dec. 1.

The utility serves 172,000 customers in northeast Pennsylvania.

UGI Central Penn would implement a tax relief credit averaging $4.50 per month, reducing the average residential bill to $85.84 starting July 1, according to a separate news release. UGI Penn also projected a 3.7% decrease starting Dec. 1 from reduced gas costs.

The PUC ordered utility companies in Pennsylvania to provide a credit to customers based on the federal tax overhaul in 2017, which reduced corporate tax rates to 21% from 35%.

UGI Central Penn Gas serves about 83,000 customers in 37 Pennsylvania counties.