1 unchanged sentence
Please also refer to Part I, Item 1A.
−Removed: “Risk Factors”.
+Added: “Risk Factors”.
INTEREST RATE RISK
−Removed: Unitil meets its external financing needs by issuing short-term and long-term debt.
+Added: Unitil meets its external financing needs, in part, by issuing short-term and long-term debt.
The majority of debt outstanding represents long-term notes bearing fixed rates of interest.
7 unchanged sentences
COMMODITY PRICE RISK
−Removed: Although Unitil’s three distribution utilities are subject to commodity price risk as part of their traditional operations, the current regulatory framework within which these companies operate allows for full collection of electric power and natural gas supply costs in rates on a pass-through basis.
+Added: Although Unitil’s three distribution utilities are subject to commodity price risk as part of their traditional operations, the current regulatory framework within which these companies operate allows for full collection of electric power and natural gas supply costs in rates on a pass-through basis.
Consequently, there is limited commodity price risk after consideration of the related rate-making.
−Removed: Additionally, as discussed in the section entitled Rates and Regulation
−Removed: in Part I, Item 1 (Business) and in Note 7 (Commitments and Contingencies) to the accompanying Consolidated Financial Statements, the Company has divested its long-term power supply contracts and therefore, further reduced its exposure to commodity risk.
+Added: Additionally, as discussed in the section entitled Rates and Regulation in Part I, Item 1 (Business) and in Note 7 (Commitments and Contingencies) to the accompanying Consolidated Financial Statements, the Company has divested its long-term power supply contracts and therefore, further reduced its exposure to commodity risk.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.