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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): NOVEMBER 1, 2004
UGI UTILITIES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
PENNSYLVANIA 1-1398 23-1174060
(STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
100 KACHEL BOULEVARD
GREEN HILLS CORPORATE CENTER, SUITE 400
READING, PENNSYLVANIA 19607
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(610) 796-3400
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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 (SEE GENERAL INSTRUCTION A.2. BELOW):
[ ] 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))
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UGI Utilities, Inc. Form 8-K
Page 2 November 1, 2004
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On November 1, 2004, UGI Utilities, Inc. ("UGI Utilities") amended its
Service Agreement (Rate FSS) dated as of November 1, 1989 with Columbia Gas
Transmission Corporation, as modified pursuant to the orders of the Federal
Energy Regulatory Commission at Docket No. RS92-5-000 reported at Columbia Gas
Transmission Corp., 64 FERC P. 61,060 (1993), order on rehearing, 64 FERC P.
61,365 (1993). This amendment consolidates the pipeline storage rights under two
other smaller quantity contracts into a single contract, enabling UGI Utilities
to make one nomination for service to Columbia Gas Transmission, rather than
separate nominations. As amended, UGI Utilities can store up to 5,090,400 Dth of
natural gas in Columbia Gas Transmission's storage facilities and withdraw up to
93,867 Dth per day of natural gas, for delivery to UGI Utilities' distribution
system. The storage rights under the terms of the Agreement shall be reduced
beginning on April 1, 2012. As, extended, the Service Agreement will remain in
effect until March 31, 2014.
On November 1, 2004, UGI Utilities amended its existing No-Notice
Transportation Service Agreement (Rate Schedule CDS) with Texas Eastern
Transmission, L.P. ("Texas Eastern") dated February 23, 1999, as modified
pursuant to various orders of the Federal Energy Regulatory Commission. Under
the Agreement, UGI Utilities can ship up to 41,000 Dth per day of natural gas on
the Texas Eastern pipeline, on a no-notice basis, for delivery to UGI Utilities'
distribution system. This amendment extended the termination date of the
Agreement from October 31, 2004 to October 31, 2009. All other terms and
conditions of the Agreement remain unchanged.
On November 1, 2004, UGI Utilities amended its Firm Transportation
Service Agreement (Rate Schedule FT-1) with Texas Eastern dated June 15, 1999,
as modified pursuant to various orders of the Federal Energy Regulatory
Commission. Under the Agreement, UGI Utilities can ship up to 32,475 Dth per day
of natural gas on the Texas Eastern pipeline, for delivery to UGI Utilities'
distribution system. As extended, the Agreement will continue in effect until
October 31, 2008. All other terms and conditions of the contract remain
unchanged.
On November 1, 2004, UGI Utilities entered into a new Transportation
Service Agreement (Rate Schedule FTS) with Columbia Gas Transmission
Corporation. Under the Agreement, UGI Utilities can ship up to 42,000 Dth per
day of natural gas on the Columbia Gas Transmission pipeline, for delivery to
UGI Utilities' distribution system. The Agreement will continue in effect until
October 31, 2029.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d), the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
UGI UTILITIES, INC.
(REGISTRANT)
By: /s/ Thomas M. Jackal
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Thomas M. Jackal
Vice President-Law
Date: November 5, 2004