CenterPoint Energy customers can expect to see a significant increase in their natural gas bills this winter when compared to those of last year, the utility said Thursday.
According to CenterPoint, this year, based on expected natural gas commodity costs and normal winter weather, customers can expect to pay on average $146 a month over the five-month heating season of November through March.
By comparison, CenterPoint Energy says last year’s average bill amount for the same five-month period was around $75 a month.
CenterPoint Energy says the main reason behind the significant price increase is the rise in natural gas prices.
“In the event we experience normal winter weather this heating season, coupled with a significant increase in natural gas prices, customers should expect an increase in their bills," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "However, even with higher natural gas prices this winter heating season, bills should still remain lower than customers experienced in the late 2000s when prices for natural gas were at record levels nationwide.”
CenterPoint Energy has a number of tools available to help its customers manage their energy bills. For a full list of tips from CenterPoint Energy, click here.
The utility reminds its customers that it's not allowed to mark up nor profit from the purchase and sale of natural gas.