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NIPSCO predicts low gas bills


MANY PEOPLE ARE THINKING ABOUT HOW MUCH IT’S GOING TO COST TO HEAT THEIR HOMES THIS WINTER. NIPSCO SAYS CUSTOMERS CAN EXPECT THEIR BILLS TO BE THE SAME AS LAST YEAR.. EVEN IF THIS WINTER ISN’T AS MILD. NEWSCHANNEL 15’S RANDY SPIETH JOINS US NOW TO EXPLAIN. HEATHER, ALL YEAR, NIPSCO BUYS NATURAL GAS AND STORES IT. AND THIS YEAR, COMPANY LEADERS SAY THEY BOUGHT IT AT A LOW ENOUGH PRICE THAT CUSTOMERS SHOULDN’T HAVE TO PAY MORE. WINTER WILL BE HERE SOON SOT-JILL-NIPSCO-10:57:35:02-THAT FIVE-MONTH HEATING PERIOD WHICH WOULD START IN NOVEMBER AND END AT THE END OF MARCH BUT ALL YEAR, NIPSCO LOOKS AT WAYS TO KEEP COSTS DOWN SOT-JILL-NIPSCO- 10:57:02:00-EVERY YEAR WE LOOK AT WEATHER PREDICTIONS. MARKET FORECAST. SUPPLY TRENDS. STORAGE OPPORUUNITIES THAT WE WILL HAVE TO REALLY SET THAT PRICE (FULL BOARD) THIS YEAR, IF WE HAVE AN AVERAGE WINTER….. NIPSCO PROJECTS RESIDENTIAL BILLS TO TOTAL $437 DOLLARS OVER THE FIVE WINTER MONTHS.. COMPARED TO $440 LAST YEAR.. OR AN AVERAGE OF 87 DOLLARS A MONTH. SOT-JILL-10:57:51:10-WE HAD UNSEASONABLE WARM WEATHER LAST YEAR. SO ALTHOUGH WE PREDICT A LITTLE BIT OF A DECREASE IN THE OVERALL COST, WE EXPECT CUSTOMERS WILL BE USING MORE THIS WINTER STAND UP: THIS NEWS SHOULD COME AS A RELIEF TO PEOPLE. THE HOT AND DRY SUMMER HAD AIR CONDITIONERS RUNNING AROUND THE CLOCK. AND EXPENSIVE ENERGY BILLS TO GO ALONG WITH IT. SOT-MICHAEL-CUSTOMER- 1:14:54:02-IT WAS KINDLY (CAN’T MAKE OUT CLEARLY) UP THERE. PRETTY STEEP SOT-JILL-11:03:00:16-I WOULD THINK MAYBE SOME OF THE HIGHER COST THAT WE HAD WITH THE SUMMER ASSOCIATED WITH THE HOT WEATHER MIGHT OFF-SET A LITTLE BIT BY SOME OF THE LOWER COSTS WE WILL BE OFFERING SOT-DAVID-CUSTOMER- 11:16:14:07-LITTLE BIT BETTER ABOUT NOT GETTING GAUGED THIS YEAR SOT-MICHAEL-CUSTOMER- 11:14:17:01-IT’S GOOD TO HEAR THAT IT AIN’T GOING TO GO UP. EVERY PENNY HELPS. JILL PERILLO – PUBLIC AFFAIRS MANAGER WIH NIPSCO 10:57:35:02-THAT FIVE-MONTH HEATING PERIOD WHICH WOULD START IN NOVEMBER AND END AT THE END OF MARCH MICHAEL COOPER – NIPSCO CUSTOMER DAVID CORSON – CUSTOMER EVEN THOUGH COSTS AREN’T GOING UP, NIPSCO SAYS IT’S STILL OFFERING SEVERAL BILLING AND PAYMENT OPTIONS TO HELP PEOPLE GET THROUGH THE WINTER SEASON. HEATHER BACK TO YOU.

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