CenterPoint Energy Natural Gas Bills Expected To Be More Than 20% Lower When Compared To Last Winter
News Release
EVANSVILLE — CenterPoint Energy’s Indiana South natural gas territory announced customers should expect a more than 20% decrease in their natural gas bills when compared to those of last winter, assuming normal winter weather, due primarily to stabilization of the natural gas market.
Last winter season, higher and more volatile natural gas prices impacted utilities across the state and country. Decreased and stable natural gas prices should assist customers’ bill amounts to remain lower this heating season.
- Expected decrease in natural gas bills primarily driven by lower, stable natural gas prices
- Company purchases natural gas on behalf of its customers, does not mark up or profit from the purchase and sale of natural gas
- As heating season begins, company encourages customers to utilize assistance programs, various payment options, energy-saving tips and energy efficiency programs
This year, based upon expected natural gas commodity costs and normal winter weather, customers can expect to pay on average $115 a month, over the 5-month heating season of November through March. By comparison, last year’s average bill amount for the 5-month period was around $150 a month.
“With the decrease in natural gas prices, assuming our region experiences normal weather this heating season, customers should expect a notable decrease in their bills compared to last season,” said Ashley Babcock, Vice President, Indiana and Ohio Gas. “However, we recognize some customers might still face financial hardship this heating season, and we want to encourage them to contact us for options to assist in managing costs prior to their first bill of the heating season.”