Monday, October 30, 2017

Heating cost forecast under $500 for 3rd year in a row

After an extremely mild fall, you may finally be turning up your thermostat. We have good news: Our winter heating forecast shows that an average customer could see overall costs under $500 for a third year in a row. That’s nearly $400 less than 10 years ago.

Our winter heating forecast is based on “normal” winter weather, an average of the past 20 years, and the price of natural gas remaining where it is today on the spot market. If both of those factors hold true, we expect the average customer to pay $496 in winter heating costs. That’s less than the cost has been in eight of the past 10 winters and approximately:
  • 22% less than the previous 10-year average
  • 44% less than the most expensive winter (2007-2008)

Looking for ways to save money on your energy bill?
  • Turn your thermostat back 7-10 degrees when you’re asleep or away
  • Seal gaps around windows, doors and siding to keep warm air in 

Schedule a regular tune-up for your furnace to keep equipment running safely and efficiently, saving money in the long run.

More money-saving tips

If you want to manage your energy costs by spreading out charges more evenly over 12 months, you may want to consider our Budget Billing program.

Also, check to see if you qualify for assistance through the Wisconsin Home Energy Assistance Program (WHEAP). Visit homeenergyplus.wi.gov or call 866-432-8947 to learn more.


 

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