8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

July 25, 2006

Date of Report (Date of earliest event reported)

INERGY HOLDINGS, L.P.

(Exact name of Registrant as specified in its charter)

Delaware	0-51304	43-1792470
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

Two Brush Creek Boulevard, Suite 200

Kansas City, MO 64112

(Address of principal executive offices)

(816) 842-8181

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On July 25, 2006, Inergy Holdings, L.P. (the “Partnership”) issued a press release announcing an increase in the Partnership’s quarterly cash distribution to $0.35 per limited partner unit ($1.40 annually) for the quarter ended June 30, 2006.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits.

Exhibit Number	Description
99.1	Press Release Dated July 25, 2006

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	INERGY HOLDINGS, L.P.
	By:	INERGY HOLDINGS GP, LLC,
		Its General Partner
Date: July 26, 2006	By:	/s/ Laura L. Ozenberger
		Laura L. Ozenberger
		Vice President – General Counsel & Secretary

EX-99.1

Exhibit 99.1

Inergy Holdings, L.P. Declares Increase in Quarterly Cash Distribution

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Third Quarter Earnings to be Released August 9, 2006

Kansas City, MO (July 25, 2006) – The Board of Directors of Inergy Holdings GP, LLC, general partner of Inergy Holdings, L.P. (Nasdaq:NRGP), today announced an increase in its quarterly cash distribution to $0.35 per limited partner unit ($1.40 annually) for the quarter ended June 30, 2006. This represents an approximate 56% increase over the initial quarterly distribution of $0.225 per limited partner unit paid for the quarter ended June 30, 2005, and an approximate 9% increase over the previously declared quarterly distribution of $0.32 per limited partner unit. The distribution will be paid on August 14, 2006, to unitholders of record on August 7, 2006. The Inergy Holdings, L.P. common unit ex-dividend date will be August 3, 2006.

Inergy plans to release earnings on August 9, 2006, and host a live conference call and internet web-cast to discuss results of operations for the third fiscal quarter ended June 30, 2006, and its business outlook on August 9, 2006, at 10:00 a.m. Central Time. The call-in number for the earnings call is 1-877-405-3427, and the conference name is Inergy, L.P. The live internet web-cast and the replay can be accessed on Inergy’s website, www.inergypropane.com. A digital recording of the call will be available for two weeks following the call by dialing 1-800-642-1687 and entering the pass code 3578551.

Inergy Holdings, L.P.’s assets consist of its ownership interests in Inergy, L.P., including limited partnership interests, ownership of the general partners, and the incentive distribution rights.

Inergy, L.P. (Nasdaq:NRGY), with headquarters in Kansas City, Mo., is among the fastest growing master limited partnerships in the country. The company’s operations include the retail marketing, sale and distribution of propane to residential, commercial, industrial and agricultural customers. Today, Inergy serves approximately 700,000 retail customers from over 300 customer service centers throughout the eastern half of the United States. The company also operates a natural gas storage business and a supply logistics, transportation and wholesale marketing business that serves independent dealers and multi-state marketers in the United States and Canada.

Corporate news, unit prices and additional information about Inergy, including reports from the United States Securities and Exchange Commission, are available on the company’s website, www.inergypropane.com. For more information, contact Mike Campbell in Inergy’s Investor Relations Department at 816-842-8181 or via e-mail at investorrelations@inergyservices.com.

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