Unitil Files Gas Rate Decrease in Massachusetts
Hampton, NH. - March 19, 2007: Unitil Corporation (AMEX:UTL) announced that its Massachusetts
subsidiary filed its semiannual Cost of Gas Adjustment (CGA) with the Massachusetts Department
of Telecommunications and Energy (MDTE) for summer period gas rates to take effect May 1, 2007.
A typical residential heating customer using 41 therms per month in the summer will see a decrease
of $8.14, or 10.1%, from current rates. Bill impacts will vary depending upon rate class and
usage. This rate change is primarily due to decreases in commodity costs of purchased gas.
The CGA in the Commonwealth of Massachusetts is normally set every six months to reflect changes
in wholesale gas supply costs incurred by the local distribution company to provide gas service
to its customers. The CGA is initially based on estimates and then reconciled to actual costs at
the end of the period, with interest on over-or under-collections. Gas supply costs are
recovered through the CGA without profit or mark up by the local distribution company.
Unitil Corporation at www.unitil.com is a public utility holding company with subsidiaries
providing electric service in New Hampshire, electric and gas service in Massachusetts and energy
services throughout the Northeast.
Contact
Stephanye Schuyler
schuyler@unitil.comCorporate Office
Liberty Lane West
Hampton, NH 03842-1720
800/999-6501