UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Date of Report (Date of Earliest Event Reported): | | March 20, 2007 |
UGI Utilities, Inc.
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(Exact name of registrant as specified in its charter)
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| Pennsylvania | 1-1398 | 23-1174060 |
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(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
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| 100 Kachel Boulevard, Suite 400, Green Hills Corporate Center, Reading, Pennsylvania | | 19607 |
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(Address of principal executive offices) | | ___________
(Zip Code) |
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| Registrant’s telephone number, including area code: | | 610 796-3400 |
Not Applicable
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On March 20, 2007, UGI Utilities, Inc. (the "Company") entered into an amendment (the "Amendment") to its Firm Transportation Service Agreement (Rate Schedule FT) dated October 1, 1996 with Transcontinental Gas Pipe Line Corporation ("Transco"), as modified pursuant to various orders of the Federal Energy Regulatory Commission (the "Agreement"). Pursuant to the Amendment, the term of the Agreement has been extended until April 1, 2017. Additionally, the Amendment provides that Transco shall increase the minimum delivery pressure commitment at four of the Company's delivery points from fifty pounds per square inch to between three hundred and five hundred pounds per square inch. This increased minimum pressure commitment ensures that the Company will receive natural gas from Transco at pressures sufficient to meet the distribution obligations of its utility system. All other terms and conditions of the Agreement remain unchanged.
A copy of the Amendment is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein by reference. The summary of the terms of the Amendment is qualified in its entirety by reference to the Amendment filed herewith.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 Amendment dated March 20, 2007 to the Firm Transportation Service Agreement (Rate Schedule FT) dated October 1, 1996 between the Company and Transcontinental Gas Pipe Line Corporation, as modified pursuant to various orders of the Federal Energy Regulatory Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | UGI Utilities, Inc. |
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| April 18, 2007 | | By: | | Margaret M. Calabrese
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| | | | | Name: Margaret M. Calabrese |
| | | | | Title: Secretary |
Exhibit Index
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| Exhibit No. | | Description |
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10.1 | | Amendment dated March 20, 2007 to the Firm Transportation Service Agreement (Rate Schedule FT) dated October 1, 1996 between the Company and Transcontinental Gas Pipe Line Corporation, as modified pursuant to various orders of the Federal Energy Regulatory Commission. |
