(Philadelphia, PA – January 12, 2006) – In an effort to help customers reduce their energy costs, the Philadelphia Gas Works (PGW) is joining with the Commonwealth and other members of the Energy Association of Pennsylvania (EAPA) as participants in the state’s Keystone Home Energy Loan Program.

The program, announced today by state Treasurer Robert P. Casey Jr., will provide unsecured ten-year loans for eligible Pennsylvania residents to purchase appliances such as natural gas furnaces and water heaters that meet federal “Energy Star” standards for efficiency. The program also provides loans for home improvements that will increase energy efficiency and reduce costs.

“In addition to helping low-income customers, this program also can help many customers with higher incomes who may earn too much to qualify for other energy assistance programs,” said PGW Corporate Communications Director Doug Oliver.

Households with incomes as high as 80 percent of the Area Median Income as determined by the U.S. Department of Housing and Urban Development could qualify for the program. Loan funds for the program are provided by the Commonwealth at an interest rate of 7.99 percent, however eligible PGW customers could qualify for a lower rate.

PGW customers may obtain additional information by calling 888-232-3477.

Founded in 1836, PGW is the nation's largest municipally owned natural gas utility, serving more than 500,000 residential, commercial, and industrial customers.