Thursday, May 21, 2015

Despite colder than normal winter, residents saved on winter heating costs

This winter was the third coldest in the past 30 years and it was colder than nine of the most recent 10 winters. Still, our typical customer paid less for heating this winter than all but two winters in the past decade.

For the six-month heating season that ended April 30, heating costs for a typical customer were $596, down 24 percent, or $187, from the $783 dollars in the winter of 2013-14.

A major factor in the savings this year was the price of natural gas. Abundant natural gas supplies and reduced demand from the previous winter helped keep prices moderate.

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