Skip to main content
  1. News
  2. Business & Finance
  3. Industry

Valley residents should expect higher heating bills for remainder of winter

See also

Throughout the Northeast and Midwest, many of the largest utility companies are predicting a rise in heating bills for customer this month and continuing for the remainder of the winter.

The rise in price is strictly due to demand. Extremely cold temperatures and multiple snowstorm this winter means people are running their heater systems longer.

DTE Energy, based in Michigan, expects that its 1.2 million gas customers will see a 13% increase in their bills due to the November to January period. Nicor Gas, which is based in Illinois, predicts its consumer could see prices spike by as much as 30%

Con Edison, supplying gas and electricity to over 3 million people in NY, expects February heating bills to increase by 16%. The higher demand for natural gs in heating homes, means that commodity, which is also used to produce electricity, leading to a jump in those bills. Con Edison expects the electric bills to increase by as much 22%.

Lehigh Valley resident heat their homes normally by natural gas, heating oil, or electricity. All are expected to experience price increases for the remainder of the winter to demand.

Advertisement

News

  • Baseball Hall of Fame
    The Baseball Hall of Fame in Cooperstown welcomes six new inductees
    Video
    Video
  • 2012 do-over
    If we were to re-do the 2012 election, a new poll suggests Romney would win
    Politics
  • Boko Haram
    Boko Haram kidnaps the wife of the vice prime minister of Cameroon
    World News
  • Ceasefire breaks
    Israel's Benjamin Netanyahu claims Hamas broke another brief ceasefire
    Gaza
  • Close call with CME
    Scientists tell how Earth survived a giant solar flare back in 2012
    Space
  • Comic-Con
    What's going on at Comic-Con? Get all the latest updates here
    Comic-Con

Related Videos:

  • Economic Forum
    <div class="video-info" data-id="518179699" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518179699&autoStart=true"></div>
  • Hand Injury
    <div class="video-info" data-id="518054308" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518054308&autoStart=true"></div>
  • Digital Asset Management
    <div class="video-info" data-id="518159046" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518159046&autoStart=true"></div>