NIPSCO Projecting Lower Home Heating Bills this Winter

INDIANA, (WOWO): NIPSCO is projecting lower home heating bills for its customers this coming winter.

Compared to last winter, NIPSCO projections indicate that natural gas bills for residential customers will be approximately four percent lower. Over the course of the five-month winter heating season, November 1st through March 31st, average customers can expect to pay $513.00. By comparison, customers paid $535.00 during the same five months last year.

Last winter’s actual usage amounts were higher than normal due to record-low temperatures. NIPSCO’s projections take into account forecasts, supply trends and storage levels. 

 

 

NIPSCO Residential Winter Bill Projection (2014/2015 vs. 2013/2014)

 

November

December

January

February

March

Total

2014/2015

$53.27

$96.16

$132.54

$130.25

$101.62

$513.84

Projected Usage

 

60.3

114.9

161.6

161.6

129.7

628.1

therms

 

2013/2014

$49.74

$94.46

$133.61

$132.31

$125.71

$535.83

Actual Usage

64.5 therms

134.8 therms

193.7 therms

186.8 therms

167.7 therms

747.5 therms