Heating Bills Going DOWN This Winter in New York State
If you live in New York State, expect your heating bill to go down this year. Experts who work at the heating company are expecting the heating bill to go down about $38 this year.
lower natural gas prices, strong storage supplies and its gas purchasing strategy are helping keep projected costs down.
The company says it expects most residential customers to spend about $742 to heat their home during the 2026-27 winter season. That's down from $780 last winter, a decrease of nearly 5%.
Why would the cost go down for heating? National Fuel laid out all of the reasons why they think that the cost per household will go down this year. They include:
- Lower natural gas prices
- Strong storage supplies
- It's gas purchasing strategy are helping keep projected costs down
Now, of course I will believe it when I see it--nothing is going down in price. In fact, utility bills this year seemed to do the exact opposite and they absolutely skyrocketted.
New York State gets its gas (or at least most of it) comes from lines in Pennsylvania.
Is gas fracking legal in New York State?
No, there is absolutely no fracking allowed in New York State. National Fuel seems to think that if New York State was allowed to get gas locally that the price would go down as well. Either way, what has your gas bill been in New York State? How about your electricity bill? Have you seen your bills go up a lot since they put in all the new automatic meters on your house?