R-2025-3059523 · Opened Dec 29, 2025
settlement pending
UGI Utilities, Inc. — Gas Division
PA · gas
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Current | Current natural-gas profile Natural gas · Latest supported values | 10.25% Authorized mechanism · Jun 18, 2026 | — | — |
| Sep 30, 2027 | UGI Utilities Gas Division general rate case R-2025-3059523 · Fully projected future period ending September 30, 2027 · Natural gas Compare stagesROE Utility request 10.75% → Consumer advocate 8.8% → Staff position 9.81% → Settlement — Common equity Utility request 54.25% → Settlement — | — Settlement · Jul 9, 2026 | — Settlement · Jul 9, 2026 | $4.32B Utility request · Sep 30, 2027 |
| Sep 11, 2025 | UGI Utilities Gas Division general rate case R-2024-3052716 · Fully projected future test year ending September 30, 2026 · Natural gas Compare stagesROE Utility request 11.2% → Authorized — Common equity Utility request 54.11% → Authorized — Rate base Utility request $4B → Authorized — | — Authorized · Sep 11, 2025 | — Authorized · Sep 11, 2025 | — Authorized · Sep 11, 2025 |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Residential monthly bill impact | Sep 11, 2025 | authorized | 6.7% | Average residential heating customer using 72.9 ccf; $103.57 to $110.51. |
| Common equity ratio | Jan 27, 2025 | utility request | 54.11% | Requested common-equity share of ratemaking capital. |
| Overall rate of return | Sep 11, 2025 | authorized | — | Authorized overall rate of return under the approved black-box settlement. |
| Overall rate of return | Jan 27, 2025 | utility request | 8.42% | Requested weighted overall rate of return. |
| Rate base | Sep 11, 2025 | authorized | — | Authorized rate base under the approved black-box settlement. |
| Rate base | Jan 27, 2025 | utility request | $4B | Requested FPFTY rate base. |
| Return on equity | Sep 11, 2025 | authorized | — | Authorized return on equity under the approved black-box settlement. |
| Return on equity | Jan 27, 2025 | utility request | 11.2% | Requested return on common equity. |
| Annual revenue change | Sep 11, 2025 | authorized | $69.5M/year | Approved annual distribution operating-revenue increase. |
| Residential monthly bill impact | Jul 6, 2026 | settlement | 5.7% | Average residential heating total bill across both settlement steps; $113.76 currently, $117.69 after step one, and $120.21 after step two. |
| Return on equity | Jun 18, 2026 | mechanism authorized | 10.25% | Commission-approved ROE for UGI Gas's Distribution System Improvement Charge |
| Common equity ratio | Sep 11, 2025 | authorized | — | Authorized base-rate common-equity ratio; no standalone value adopted in the black-box settlement |
| Common equity ratio | Jan 28, 2026 | utility request | 54.25% | proposed ratemaking capital structure |
| Common equity ratio | Jul 9, 2026 | settlement | — | proposed settlement ratemaking capital structure |
| Annual revenue change | Oct 8, 2020 | authorized | $20M/year | Prior authorized observation |
| Annual revenue change | Jan 28, 2020 | utility request | $74.6M/year | Prior authorized observation |
| Annual revenue change | Sep 15, 2022 | authorized | $49M/year | Prior authorized observation |
| Annual revenue change | Jan 28, 2022 | utility request | $82.7M/year | Prior authorized observation |
| Annual revenue change | Jan 27, 2025 | utility request | $110.4M/year | Prior authorized observation |
| Rate base | Sep 30, 2027 | utility request | $4.32B | Fully projected future-period total rate base |
| Annual revenue change | Jun 5, 2026 | consumer advocate | $-15.4M/year | OCA updated revenue recommendation; decrease |
| Annual revenue change | Jun 19, 2026 | utility rejoinder | $91.44M/year | revised natural-gas distribution base-rate claim |
| Annual revenue change | Jan 28, 2026 | utility request | $99.37M/year | natural-gas distribution base rates |
| Annual revenue change | Jul 9, 2026 | settlement | $65M/year | proposed two-step distribution base-rate settlement |
| Annual revenue change | May 8, 2026 | staff | $53.39M/year | I&E initial revenue recommendation |
| Annual revenue change | Jun 5, 2026 | staff | $56.71M/year | I&E updated surrebuttal recommendation |
| Return on equity | May 8, 2026 | consumer advocate | 8.8% | OCA direct-testimony recommendation |
| Return on equity | Jan 28, 2026 | utility request | 10.75% | proposed common-equity return |
| Return on equity | Jul 9, 2026 | settlement | — | proposed settlement return on equity |
| Return on equity | May 8, 2026 | staff | 9.81% | I&E direct-testimony recommendation |