NIPSCO projecting slightly higher gas bills this winter

(J. Tyler Klassen/Elkhart Truth)

NIPSCO natural gas residential customers can expect their overall bills during this year’s winter heating season to be slightly higher when compared to last year, assuming normal weather and usage.

The slight difference is largely due to the higher overall cost of natural gas – although the commodity cost of natural gas remains near historic lows. The utility is projecting that an average customer is expected to spend just over $425 from November to March. That’s about $25 over the average that customers paid for natural gas last winter.

Projections take into account market forecasts, supply trends and storage levels, and are based on normal weather projections. If temperatures are colder or warmer than normal, usage amounts and bills could differ.