Thursday, October 14, 2021

Let's Go Brandon: "Heating bills will jump as much as 54% this winter compared to last year, federal forecast says"

That is the headline from an article published by the Milwaukie Journal Sentinel (h/t Instapundit). 

    Nearly half the homes in the U.S. use natural gas for heat, and they could pay an average $746 this winter, 30% more than a year ago. Those in the Midwest could get particularly pinched, with bills up an estimated 49%, and this could be the most expensive winter for natural-gas heated homes since 2008-09, according to the forecast by the U.S. Energy Information Administration

    The federal estimate issued Wednesday follows a forecast issued this week by the state's largest utility, We Energies. That analysis assumes "average" winter weather compared with the federal forecast which says the winter will be slightly colder than normal.

    That analysis done by We Energies "predicts the typical residential customer will pay $25 more a month this winter compared to last year," assuming an average winter weather. That would increase the typical residential customer's bill about 30% from $80 last winter to around $105.

    "This increase is mainly due to tight supplies as well as a worldwide increase in demand for natural gas," We Energies said in a statement that was released with its analysis.

    We Energies serves 1.1 million natural gas customers in Wisconsin.


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