UGI gas customers happy about rate cut [Video]

LACKAWANNA COUNTY, Pa. — UGI Utilities announced its customers will see an 8 percent decrease in their natural gas bill starting March 1. This comes three months after the company announced a 3 percent increase in rates.

In a statement, Paul Szykman, UGI’s chief regulatory officer, said:

“As we now see lower wholesale prices for our gas purchase activity following the increases leading into the winter period, UGI is pleased to pass along these lower costs to our customers.” 

By law, if natural gas costs go down, UGI must offer customers that lower price.

We spoke with customers who were happy to hear the news.

“I love it! Yeah, I’ll be very happy,” said Beverly Puhl.

“That sounds great because let me tell you what, the past couple of months, the gas bills have been very expensive,” said Shawn …