MIDAMERICAN - ‘It’s really hard to predict how those commodity prices will shake out throughout the winter heating season’
SIOUX CITY (KTIV) - With snow comes colder temperatures. Leaders with MidAmerican Energy say before the winter heating season, they were predicting customer bills could be 50% to 100% higher than the same time last year.
Geoff Greenwood with MidAmerican says because of the warmer than average days we had recently, people haven’t been using as much natural gas as last season.
But as of November, because commodity prices are higher, Greenwood says average residential gas bills were up 56% from this time last year.
“If those temperatures go down and stay down here in the Midwest and in the Plains and beyond that could have an impact on the commodity market, those prices could go higher. It’s really hard to predict how those commodity prices will shake out throughout the winter heating season,” said Greenwood.
Greenwood adds, if you’re concerned about being able to pay your utility bill, contact MidAmerican and let them know about your situation. He says they’ll make every reasonable accommodation they can to help you get through the winter heating season.
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