As the weather cools down, we start to get customer questions about our projections for home heating costs. Heating costs are dependent upon two main factors: temperatures and the market price of natural gas.
While we can’t predict the weather, we do forecast that the market price of gas that OCMU pays and passes through to customers will be higher this year than last year. This means that overall bills could be around 5% higher.
Keep in mind that our projections could change as quickly as the Iowa weather. We’ll keep you updated as we move through the heating season.