CenterPoint Energy is predicting lower natural gas prices in southwest Indiana this winter. WNIN’s John Gibson has details:
CenterPoint says customers should expect a more than 20% decrease in natural gas bills compared to last winter.
The Texas-based utility company says that’s assuming “normal winter weather.”
CenterPoint says lower rates are expected primarily due to stabilization of the natural gas market.
The utility says customers can expect to pay on average $115 a month, over the five-month heating season of November through March.
By comparison, last year’s average bill amount for the five-month period was about $150 a month.
While gas prices are expected to ease, CenterPoint has asked the Indiana Utility Regulatory Commission for an increase in average electricity bills by $15 a month by 2028.
It’s part of the utility’s plan to move away from coal-burning power plants and move to natural gas and renewable energy.