Wednesday, October 12, 2011

Winter heating costs could be less this winter

Our estimate for winter heating costs looks good for our customers. Based on normal winter weather and the natural gas price remaining where it is today on the spot market, we expect the average residential customer to pay between $627 and $634 in winter heating costs.

This would be:
• 4-5 percent ($26-$33) less than the average residential customer paid last winter ($660).
• 17-18 percent ($129-$136) less than the most recent five-year average ($763).
• 28-29 percent ($244-$251) below the cost of the most expensive winter (2007/08 - $878).
• Less cost than nine of the past 11 winters.

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