All right. Thanks, Tom. Good afternoon, everyone.
XXXX. increase million, of gas an were XXXX. $X.X margin $XX.X an which for the $XX.X margins sales XXXX $X.X quarter gas Year-to-date, million, natural is over million million is our X, Slide of on increase Beginning third over of
average adjustment increase customers. year-to-date of natural customer million C&I a higher a residential and due distribution sales, that nonrecurring therm in and a in increased as was rate - by in reflecting conjunction higher This by result growth the of gas $X.X rates to of of the case consumption million $X.X and with connection increase was offset absence million occurred XXXX. $X.X second partially quarter The
Natural therm was in customer in This year-to-date sales gas service therm by increased X.X% territory XXXX. have compared growth. driven sales company's gas largely increase to the
excluding up weather quarters of XXXX, in winter the the in X.X% first in gas compared decoupled milder XXXX. estimates sales, 'XX to the were weather-normalized company that same Given period therm X sales, the
the more or gas We X.X% at serving last more currently year. than customers time as X,XXX same are customers
And weather company nonheating attributes I transitioned natural to The customer - growth this want our rate. as sales unit currently residential to point a weather-normalized part have normal to that source. growth customers out is in gas that heating outpacing our
of strong economic see you we usage Tom Additionally, strength to areas' service our C&I earlier about. is that representative talked that
units in the milder margins electric XXXX million Electric sales $XX.X sales and lower the average X. $X.X sales third overall and of third lower weather due kilowatt Slide decrease usage, partially compared on quarter, summer the in to Next period million margins. were discuss XXXX. growth. quarter hour by in in the margins in was a to decrease offset The I'll electric customer same sales, reflecting
to reasons a weather million sales. mentioned. decrease the on XXXX from milder hour a of $X.X the to of margins margins $X.X of kilowatt decreased impact the last kilowatt just for year. Electric lower Year-to-date, million sales in by hour rates sales positively million, electric were $X.X sales million, higher $XX.X months sales nine significant offset summer first increase compared of affected distribution had electric The compared XXXX were X.X% Year-to-date, an we to compared by XXXX.
in estimates energy When higher customer that as somewhat the is a usage normalizing and result lower 'XX weather-normalized per 'XX, company sales of initiatives, both of the were X.X%, result a and down sales offset weather efficiency decline weather-normalized counts. customer by
And provide for place kilowatt metering. lost Massachusetts. fully And while due usage in and displaced energy hour reminder, the measures efficiency in Hampshire, regulatory associated to in has a decoupled company New just recovery that as revenue company-supported the with is mechanisms net company
XXXX roll the the And nine is Form first through net lead We I'd from of months XXXX. to impact the Slide like slightly XX-Q off, layout as we year-to-date this the of forward isolate different X. divestiture. that Usource as we gain the Turning note to income after-tax of
as slightly realized XXXX. electric divestiture. decreased of margin to XXXX O&M discontinued revenue case. lower $X.X O&M a Hampshire of in the result not expenses million by as is a rate is sales new less of XXXX a and with incurred Year-to-date, This O&M Gas of XXXX a compared $X.X to O&M higher million, million Usource by also $X.X the includes than a expenses result $X.X to period nonreccurring connection $X.X Usource result by as million in due divestiture. adjustment million the in same the offset
longer increased with the to amortization Depreciation the and utility slightly Usource-related Excluding X.X%, no utility higher million service, expenses incurred, XXXX amortization labor O&M a core lower and offset O&M costs. trended which higher or is primarily $X.X and plant higher adjustment nonrecurring expense. result of by
decreased on ended than same to interest the benefits. reflecting income local other was lower flat service. $X.X compared primarily long-term primarily nine months expense last by due short-term borrowings. to September period taxes, retirement offset to XXXX tax Taxes, XX, higher debt, plant higher increased year rates million on million higher property the $X.X utility access in lower expense Interest of related and levels And other
as the we've result on excluding isolated of of gain after-tax divestiture And taxes the the on increased a million Next, million, $X.X divestiture the finally, to gain the pretax related income higher income. Usource. $X.X
In Northern On of $XX recap XX-year received quarterly Slide financing funding Utilities a note September, overall to and Utilities' financing closed and million, variable this with general and activity. filed XX, short-term we updates off used the PUC rate for regulatory and is a with lessen progressing regarding short-term the was base interest Northern exposure to planned. company's as Maine case pay borrowings rates. principal
divestiture And last infusion a after mentioned filing revenue filing XX.X% Usource distribution corporate the of to will effective affect The by other million ROE. year. XX.X%. next the as quarter included quarter, at in second As $XX XX.X% generated the as a equity of the issuance million company's deficiency the debt an rates is ratio $X funds. of incorporating by become request the company proceeds equity base the ratio well of with The new includes filed equity not Northern anticipates
of next gas in filing provide the details September with year-end Department the XXXX. to On of general increase Utility Massachusetts in divisions, quarter letter of about we the our both more for a we'll a - the and Fitchburg distribution base filing both - case rates X, anticipate and electric full file And intent submitted in call. fourth its its
basis, the return earned total the months XX, On trailing in XX Slide of ending XX jurisdictions. regulatory each on our consolidated provides earned Unitil, on of XX.X% return on XX, XXXX. actual a it months a September last equity
a company the Excluding equity onetime earned of X.X%. consolidated the from return gain Usource divestiture, on
Finally, Slide That as XX, of provided changed rate we not we typically have relief. a has do, distribution last summary since our quarter. on significantly
and cost been our relief across point regulatory allow of rate growth cases of our outside We awarded reduce plans We've mechanisms, for for trackers, long-term rate all rate XXXX. lag. in margin subsidiaries. utility precedence across $X of recovery have our million over smoother Accelerated they regulatory focal of strategies,
who questions our to concludes financial audience. from I coordinate the summary will period. the the over performance call of This for the operator, turn the will
