UGI Utilities, Inc. announced today that its purchased gas cost rates will not change on June 1, 2026, providing temporary relief for its natural gas customers. However, the company projected a rate increase in December 2026, citing expected higher wholesale natural gas prices during the winter heating season.
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 the wholesale cost of natural gas, passing those costs directly to customers without markup.
According to UGI, the rate stability for the upcoming quarter is due to favorable market conditions, including adequate storage levels and moderate demand. However, the outlook for the fourth quarter of 2026 indicates higher prices, driven by seasonal demand and potential supply constraints. UGI advises customers to prepare for the projected increase by exploring energy efficiency programs and budget billing options.
For more information on UGI’s natural gas rates and customer assistance programs, visit UGI’s website. Customers can also follow UGI on Facebook and X for updates.
The announcement underscores the volatility of natural gas prices and their impact on household budgets. UGI encourages customers to contact the company at (610) 334-7135 or via email at jmason@ugi.com for personalized assistance, though the company emphasizes that rates are determined by market conditions beyond its control.
