 If you heated your home with natural gas this past winter, you paid significantly less than those who used propane or electricity.
A surge of abundant, domestic natural gas supply over the past few years has dramatically stabilized and lowered natural gas prices, which has helped natural gas once again be the most cost-effective energy source for home heating.
The average Vectren customer paid a monthly bill of about $65 to $75 during the 2011-2012 heating season for a five-month total of $325 to $365 depending upon the efficiency of your furnace and size of your home.
Natural gas heating bills have not been this low since the heating season of 2001 through 2002. In fact, lower market prices for natural gas have helped customer bills drop 40% over the past four years.
Furthermore, forecasts show the gas market remaining relatively stable for years to come. |