The Philadelphia Gas Works: Challenges and Solutions

The Philadelphia Gas Works (PGW), long an ailing City-owned company, has improved its performance in recent years. However, significant structural issues unique to PGW require attention if the utility is to become a working asset for the city and lower its costs to customers.

This study concludes that improving PGW’s current condition not only will provide Philadelphians with less expensive gas service but also will enhance its value for that time when market conditions are more favorable for a potential sale or other conveyance.