PA · gas · R-2024-3052716
Closed case·Complete·Authorized
The approved distribution-revenue increase was about 37% below the utility request. The settlement did not specify an authorized ROE, rate base, capital structure, or component disallowances.
UGI Gas requested $110.4 million in additional annual revenue. The Commission approved a $69.5 million black-box settlement, effective October 28, 2025.
Oct 28, 2025
Not scheduled
Case stage
complete
Filed
Jan 27, 2025
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Sep 11, 2025
Rates effective
Oct 28, 2025
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
No fixed recurring interval
A utility initiates a general rate increase by filing a new tariff. It cannot file another general increase for the same service until the prior request is decided or its maximum suspension period expires.
Rate period: Case-specific; Pennsylvania law sets the filing and decision clock rather than a standard single-year or multi-year plan.
Governing rule ↗Between full reviews
Purchased gas cost recovery
Annual rate · quarterly reconciliation
Large gas distributors file an annual gas-cost tariff and quarterly recalculations. Material differences can change the tariff between annual proceedings, with over- and under-collections reconciled.
Governing source ↗Distribution System Improvement Charge
Quarterly updates · annual reconciliation
An approved DSIC can recover eligible distribution investment between base-rate cases. The formula is updated quarterly and reconciled annually, subject to the utility's approved long-term infrastructure plan.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $110.4M Annual utility request | $69.5M Fully projected future test year ending September 30, 2026 · Sep 11, 2025 | — Not compared: scope, period differ |
| Rate base | $4,003.49M Fully projected future test year ending September 30, 2026 · Jan 27, 2025 | Not specified Fully projected future test year ending September 30, 2026 · Sep 11, 2025 | — |
| Return on equity | 11.2% Fully projected future test year ending September 30, 2026 · Jan 27, 2025 | Not specified Fully projected future test year ending September 30, 2026 · Sep 11, 2025 | — |
| Common equity ratio | 54.11% Fully projected future test year ending September 30, 2026 · Jan 27, 2025 | Not specified Authorized base-rate common-equity ratio; no standalone value adopted in the black-box settlement · Sep 11, 2025 | — Not compared: scope, period differ |
| Residential bill impact | Not available Not captured in current case sources | 6.7% Fully projected future test year ending September 30, 2026 · Sep 11, 2025 | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Annual revenue change
authorized · Prior authorized observation · Sep 15, 2022
$49M
3 events · 6 documents · 8 citations
Material filings, hearings, orders, and effective dates.
Jan 27, 2025
General rate application filed
official commission · completed
Sep 11, 2025
Commission approved settlement
official commission · completed
Oct 28, 2025
Authorized rates became effective
official commission · completed
Docket and evidence documents linked to this proceeding.
UGI Gas 2025 rate-case docket
official docket · direct · Jan 27, 2025
Pennsylvania PUC final order adopting the UGI Gas 2025 settlement
evidence · direct · Sep 11, 2025
UGI Gas 2025 recommended decision adopted by final order
evidence · direct · Aug 8, 2025
UGI Gas 2025 rate filing — rate-of-return testimony
evidence · direct · Jan 27, 2025
UGI Gas 2025 rate filing — Book I
evidence · direct · Jan 27, 2025
UGI Gas 2025 rate filing — Book IX cost of service
evidence · direct · Jan 27, 2025
Field-level excerpts and review metadata supporting material facts.
UGI Gas 2025 rate filing — Book I
application testimony · Jan 27, 2025
UGI Gas 2025 rate filing — Book IX cost of service
application exhibit · Jan 27, 2025
UGI Gas 2025 rate filing — rate-of-return testimony
application testimony · Jan 27, 2025
UGI Gas 2025 recommended decision adopted by final order
recommended decision · Aug 8, 2025
UGI Gas 2025 recommended decision adopted by final order
recommended decision · Aug 8, 2025
Pennsylvania PUC final order adopting the UGI Gas 2025 settlement
final order · Sep 11, 2025
UGI past base-rate filings
utility webpage · —
UGI regulatory proceedings disclosure
sec filing · Nov 13, 2025
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Residential monthly bill impact | authorized | party-commission | Fully projected future test year ending September 30, 2026 | 6.7% | |
| Common equity ratio | utility request | UGI Utilities, Inc. — Gas Division | Fully projected future test year ending September 30, 2026 | 54.11% | |
| Overall rate of return | authorized | party-commission | Fully projected future test year ending September 30, 2026 | Not specified | |
| Overall rate of return | utility request | UGI Utilities, Inc. — Gas Division | Fully projected future test year ending September 30, 2026 | 8.42% | |
| Rate base | authorized | party-commission | Fully projected future test year ending September 30, 2026 | Not specified | |
| Rate base | utility request | UGI Utilities, Inc. — Gas Division | Fully projected future test year ending September 30, 2026 | $4,003.49M | |
| Return on equity | authorized | party-commission | Fully projected future test year ending September 30, 2026 | Not specified | |
| Return on equity | utility request | UGI Utilities, Inc. — Gas Division | Fully projected future test year ending September 30, 2026 | 11.2% | |
| Annual revenue change | authorized | party-commission | Fully projected future test year ending September 30, 2026 | $69.5M | |
| Common equity ratio | authorized | party-commission | — | Not specified | |
| Annual revenue change | utility request | party-utility | — | $110.4M |