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Unitil/FG&E Reduces Energy Costs at Three Housing Complexes in Fitchburg

Hampton, NH – October 17, 2001: Unitil Corporation (AMEX: UTL) (www.unitil.com) reports that its wholly owned subsidiary, Fitchburg Gas and Electric Light Company (FG&E) has recently completed improvements at a number of multifamily complexes which are targeted to save energy and reduce residents’ monthly energy bills. Unitil/FG&E provided energy saving improvements to the Whispering Pines, Wallace Towers and Fitchburg Green properties under Unitil/FG&E’s energy efficiency programs.

Improvements provided by Unitil/FG&E to the Whispering Pines complex included insulation and weatherization services, which are estimated to save residents over $7,000 in annual energy costs. Unitil/FG&E provided Energy Star lighting and weatherization services to the residents at the Wallace Tower apartments and the Fitchburg Green apartments. Savings at each complex are projected to exceed $14,000 annually.

Unitil/FG&E offers efficiency programs designed to help customers use energy more efficiently – while reducing monthly energy bills and enhancing the comfort and convenience of their homes. These programs also help the customer make informed product choices by providing information on the energy consumption of household appliances as well as information about new, high efficiency products and technologies. To find out more information about the Unitil/FG&E energy savings programs, please call

1-888-8-UNITIL (1-888-886-4845).

Unitil Corporation is a public utility holding company with subsidiaries providing electric service in New Hampshire, electric and gas service in Massachusetts and energy service throughout the Northeast. Its subsidiaries are Concord Electric Company, Exeter & Hampton Electric Company, Fitchburg Gas and Electric Light Company, Unitil Power Corp., Unitil Realty Corp., Unitil Resources, Inc. and Unitil Service Corp. Unitil Service Corp. and its unregulated business unit Unitil Resources, Inc. Usource L.L.C. is a subsidiary of Unitil Resources, Inc. The Usource product line is available at www.usourceonline.com

For more information, visit Unitil at www.unitil.com or call Stephanye Schuyler at 603-773-6465.

Contact
Stephanye Schuyler
schuyler@unitil.com

Corporate Office
Liberty Lane West
Hampton, NH 03842-1720
800/999-6501