UGI gas rate to drop; company credits shale gas

December 2, 2013

UGI Penn Natural Gas customers will pay less to heat their homes this winter as gas prices come down.

UGI officials announced its quarterly Purchased Gas Cost Rate - the price it pays to provide natural gas to customers - will drop 4.4 percent to $4.89 per thousand cubic feet of gas, the lowest rate for that portion of bill in at least 15 years. The drop likely to save customers a few bucks per month compared to last year.

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