Two weeks after City Council President Darrell Clarke announced that council will not vote on the proposed sale of PGW, the firm UIL Holdings of Connecticut has announced that they’re not pulling out — at least not yet. UIL has had since July the right to terminate the sale agrement.
“Hang in there, because we’re going to come up with a better plan,” councilwoman Marian Tasco told her colleagues.
Nutter, still fuming over City Council president Darrell Clarke’s decision to scuttle the PGW sale without a public hearing, is hoping that public pressure will force City Council to reverse course.
Mum’s the word from the president of Philadelphia City Council as to whether today’s regular Council meeting will bring any word on when lawmakers will debate the plan to sell PGW.
A consultant hired by Philadelphia City Council to analyze the proposed sale of PGW finds several big concerns with the deal, including the possibility that the buyer could simply flip PGW to another buyer.
A print ad sponsored by UIL Holdings, the Connecticut-based firm that wants to buy PGW from the city, claims the city’s gas infrastructure is “dangerously outdated.”
City Council’s plans to publicly debate the controversial proposal to sell PGW have now slipped until mid-October.
The final week of September is likely to bring the start of City Council’s long-awaiting public hearings on Mayor Nutter’s plan to sell PGW.
PGW says gas rates will dip about 7% for residential heating customers between now and November 30th because of the lower price the utility is paying for natural gas.
City Council has yet to introduce the Mayor’s PGW sale legislation nor to schedule public hearings. Council President Darrell Clarke has said those won’t come until Concentric — the consultant hired by Council to review the plan — has finished its reports.
By Jim Donovan: Philadelphia Gas Works (PGW) today announced that natural gas rates will decrease this fall for PGW’s residential, commercial, industrial and municipal customers. The rate for residential customers, for instance, will be adjusted […]
Mayor Nutter says his just-completed, six-day trip to France did not take him away from running the city.
Today is the first day the company that wants to purchase PGW has the ability to drop out of the deal. But officials with the firm say they’re staying in, for the time being.
The striking of a gas main forced the evacuation of at least one home in Philadelphia Tuesday morning.
The attempted theft of a dryer ruptured a gas line and forced the evacuation of residents at an apartment complex in Northeast Philadelphia early Thursday morning.