Winter Heating Bills Forecasted to Increase Compared to Last Year, Remain Lower Than Recent Peak in 2022
Northern Indiana Public Service Company (NIPSCO) LCC announced today that natural gas residential customers can expect an increase in their winter heating bills this season compared to last year. Based on current market projections and assuming normal winter weather, bills for natural gas residential customers are estimated to be 15 percent higher in contrast to cost at this same period in 2023, and 17 percent lower compared to the recent peak experienced in 2022. Each year, NIPSCO and other Indiana energy companies provide a forecast for home heating bills during the upcoming winter months. Projections are based on market forecasts,