- The Philadelphia City Council announces its opposition to the proposed $1.86B sale of the city’s publicly owned gas utility to UIL, denying Philly Mayor Nutter one of his top priorities.
- The council says an outside consultant found a sale would net the city $200M-$400M rather than the $400M-$600M cited by the mayor, and voices concerns over the lack of a guarantee that rates would stay “reasonably affordable” after a promised three-year rate freeze.
- ~1,100 employees at the 178-year-old Philadelphia Gas Works are in the gas workers union, which has opposed the sale.