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Another decrease coming to UGI natural gas bills - fox56.com

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Another decrease coming to UGI natural gas bills

PENNSYLVANIA (WOLF) — Another decrease in UGI natural gas bills is happening on March 1, the company announced.

According to UGI Utilities, the average residential heating customer receiving gas supply will see a bill decrease of three percent.

It's expected that the average monthly bill will lower from $93.96 per month to $91.04 per month, the company said.

“As natural gas supply pricing has continued to drop, UGI is pleased to pass the savings on to customers purchasing supply from UGI,” Paul Szykman, Chief Regulatory Officer, said in a press release. “This rate decrease follows a significant drop in December and is benefiting our customers during the winter heating season. Natural gas continues to be a safe, reliable, low carbon and increasingly more affordable energy choice.”

By law, UGI said that utilities are required to pass the cost of the natural gas they purchase directly through to customers without any markup.