NIPSCO officials believe winter heating bills will remain flat compared to last year.
Weather predictions, market forecasts, supply trends and storage opportunities are put together in order to calculate a winter bill projection. Assuming that we’ll have normal winter temperatures, NIPSCO says this year’s bills will be among the lowest in a decade and only slightly below last year’s bills.
From Nov. 1 to March 31, NIPSCO’s residential customer using a total of 624 therms could expect to pay approximately $438. This will amount in a $2 savings from last year.