NIPSCO is predicting the average winter heating bill will increase this year compared to last year.
The utility service provider uses pricing and weather trends to anticipate customer costs. The heating season runs from Nov. 1 through March 31. During that time, NIPSCO says natural gas customers using 626 therms can expect a price tag of $399. That’s an increase over last year’s $321 rate.
Last year was a bit of an outlier, being reported as the second lowest natural gas usage in the last 10 years, but the forecast does mark a $15 per month increase.
Pricing for a gallon of natural gas has risen slightly, but overall remains historically low.