UGI Utilities, Inc. Market Research Report
Company Overview
Name: UGI Utilities, Inc.
Mission of the company: UGI’s mission is to be the preeminent energy distribution company in its targeted global markets by providing a superior range of energy products and services to its customers.
Founding Information:
- When was the company founded and by whom: No information is available
Key People in the Company:
- John L. Walsh, President, UGI Corporation
- Robert F. Beard, Chief Operations Officer, UGI Corporation
- Roger Perreault, Chief Executive Officer, UGI Corporation
Location:
- Headquarters: Denver, Pennsylvania
Number of Employees: Approximately 1,500
Revenue of the Company: No information is available
What is the Company Known For:
- UGI Utilities, Inc. is known for providing reliable, safe, and affordable natural gas and electric utilities to its customers in 46 Pennsylvania counties and one Maryland county.
Products
Natural Gas Utility Services:
- Product Description: UGI Utilities provides natural gas distribution services.
- Key Features:
- Safe and reliable delivery of natural gas.
- A distribution network spanning over 13,000 miles of mainline.
- Comprehensive maintenance and safety inspection programs.
Electric Utility Services:
- Product Description: UGI Utilities provides electric distribution services.
- Key Features:
- Reliable electricity delivery through a network of approximately 2,000 miles of electric lines.
- Advanced preparedness and safety protocols for storm seasons and other emergencies.
Other Services:
- Gas Pipeline Installation and Maintenance:
- Involves replacing old cast iron and bare steel pipes with contemporary materials.
Recent Developments
Infrastructure Improvement Projects:
- UGI plans to invest approximately $1.2 billion in upgrading its infrastructure, focusing on replacing cast iron and bare steel mainlines with high-density plastic or cathodically protected steel.
- Current projects include upgrading gas mains in several areas such as Easton, Bethlehem Township, and Whitehall.
Community Initiatives and Partnerships:
- UGI supports various community-based programs and partnerships including volunteering efforts and educational support across its operational areas.
New Product Launches:
- No information is available
New Features Added to Existing Products:
- UGI Utilities has introduced new technologies to streamline Pennsylvania One Call Requests and enhance customer service efficiency.
New Partnerships:
- UGI has launched “Operation Blue Flame ‘24 and Keystone 6 Preparedness Exercises” to bolster preparedness and response capabilities for natural gas incidents.
- Signed a partnership with Archaea Energy to receive Renewable Natural Gas (RNG) into its pipeline distribution system.
This market research report provides an in-depth analysis of UGI Utilities, Inc., covering essential information about the company's mission, products, recent developments, and corporate strategy. For any further details or discussions, please refer to the contact information provided at the end of the sections.