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Green Bay, WI – If temperatures this heating season are near normal, typical residential customers of Wisconsin Public Service Corporation (WPS), will likely enjoy lower heating bills due to a combination of low natural gas prices and warmer weather. Temperatures last year were about seven percent colder than normal.
The company projects the typical residential customer will pay about 18 percent less than last winter ($400 from Nov. 1, 2015 through Mar. 31, 2016 compared to around $470 during the past heating season).
Also of note, this year’s heating bills project to be:
More than 40 percent lower than the polar vortex experienced during the heating season of 2013-2014 ($680)
Nearly 50 percent lower than the 2005-2006 heating season ($730)
An adequate supply of natural gas is forecast to keep prices at stable levels through this winter. WPS uses a mix of natural gas purchasing options to mitigate any price volatility that may occur during the winter.
WPS also encourages customers having difficulty paying their utility bills to contact us for information about energy assistance or payment options. More information is available at www.wisconsinpublicservice.com, or by calling 800-450-7260.
