UnderPSI
10-18-2006, 10:19 AM
Decrease in home heating bills expected this winter
We Energies projects a decrease of between 5 and 10 percent in home heating bills this winter, assuming this year's weather is comparable to last winter. Precise projections on the cost of natural gas for the heating season are, at best, an educated guess due to the many factors influencing the market price of natural gas, and the company will update its forecast in the event of any significant change.
Approximately 70 percent of the typical We Energies customer's heating bill reflects the cost of the natural gas that the company must buy on the open market. Customer bills have varied over the past year as there has been more volatility in the price of natural gas in the past 12 months than virtually any other period in history.
This was on the page at work thought I would share
We Energies projects a decrease of between 5 and 10 percent in home heating bills this winter, assuming this year's weather is comparable to last winter. Precise projections on the cost of natural gas for the heating season are, at best, an educated guess due to the many factors influencing the market price of natural gas, and the company will update its forecast in the event of any significant change.
Approximately 70 percent of the typical We Energies customer's heating bill reflects the cost of the natural gas that the company must buy on the open market. Customer bills have varied over the past year as there has been more volatility in the price of natural gas in the past 12 months than virtually any other period in history.
This was on the page at work thought I would share