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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
NOVEMBER 19, 1996
(DATE OF REPORT)
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)
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UGI Utilities, Inc Form 8-K
Page 2 November 19, 1996
ITEM 5. OTHER EVENTS.
Forward-Looking Statements
In connection with the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, UGI Utilities, Inc. ("UGI Utilities"
or the "Company"), is hereby filing cautionary statements identifying important
factors that could cause the Company's actual results to differ materially from
those projected in forward-looking statements of the Company made by or on
behalf of the Company.
Risk Factors
The financial and operating performance of UGI Utilities is subject to
risks and uncertainties, all of which are difficult to predict, and many of
which are beyond the control of the Company's management. Forward-looking
statements concerning the Company's performance may differ materially from
actual results because of these risks and uncertainties. They include, but are
not limited to:
1. Weather conditions;
2. price and availability of all energy products,
including natural gas, oil and electricity;
3. governmental legislation and regulations;
4. local economic conditions;
5. labor relations;
6. environmental claims;
7. competition from the same and alternative energy sources;
8. operating hazards and other risks incidental to
generating and distributing electricity and
transporting, storing, and distributing natural gas;
9. energy efficiency and technology trends; and
10. interest rates.
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UGI Utilities, Inc. Form 8-K
Page 3 November 19, 1996
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.
UGI UTILITIES, INC.
(REGISTRANT)
By: /s/ Brendan P. Bovaird
______________________
Brendan P. Bovaird
Vice President and
General Counsel
Date: November 19, 1996
