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NIPSCO expects winter heating bills similar to last year’s

NIPSCO has announced its forecast for heating bills this winter. Assuming normal winter temperatures, projections indicate that bills will be approximately 1 percent higher than last winter’s bills, and they are expected to remain as some of the lowest bills in the last decade.

Over the course of the five-month winter heating season – Nov. 1 to March 31 – NIPSCO’s average residential customers using a total of 624 therms could expect to pay approximately $437. This compares to $433 for a customer using the same amount of gas last winter.

NIPSCO’s projections take into market forecasts, supply trends and storage levels, among other considerations.

NIPSCO has among the lowest residential gas bills in Indiana, according to bill comparisons released monthly by the Indiana Utility Regulatory Commission.