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NIPSCO forecasts home heating bills to remain flat this winter

(Photo supplied/NIPSCO)

Good news for area homeoners as NIPSCO’s annual home heating price forecast suggests bills will remain steady from 2016 during the cold weather months.

NIPSCO Winter Bill Projections
2017–2018
(projected)
2016–2017
Usage (therms)
Nov.
$41
$42
58
Dec.
$71
$70
111
Jan.
$97
$96
160
Feb.
$103
$102
169
Mar.
$78
$77
124
Total
$390*
$387
622
* Note: Actual bills vary by customers depending on the home’s age and size, number in the household, number and age of gas appliances, thermostat settings and insulation levels.

Over the course of the upcoming five-month winter heating season — Nov. 1 to March 31 — NIPSCO’s average natural gas residential customers using 622 therms could expect to pay approximately $390 in total. This compares to about $387 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.

Billing and Payment Options
Customers who are experiencing financial difficulties are encouraged to call NIPSCO’s 24-hour Customer Care Center as soon as possible to determine what options might be available to offer help. Some of those solutions include:

·        Payment Assistance Programs: Based on income levels, customers may qualify to receive state and federal utility assistance dollars as well as support funds from separate NIPSCO programs by visiting their local community action agency.
·        BudgetPlan: A free service to all NIPSCO customers to help manage their monthly energy bills by spreading out gas costs over an entire year.
·        Payment Arrangements: Allows customers to make an initial payment within four days of the agreement, then spread the remaining unpaid balance over three months, plus current bills as they are due.

For more information on billing options and payment assistance, visitNIPSCO.com/BillingPayment.

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