The fall season has been unusually warm, and AccuWeather is predicting that heating-related bills have been lower than usual as well.
Since the start of the heating season, which AccuWeather states is September 1st, milder weather has contributed to a significant cost-savings as temperatures have hovered in the 60’s and 70’s for daytime highs, and upper 40’s and 50’s for evening lows. AccuWeather’s president, Dr. Joel Myers, said that on average, heating bills are running half of what they would normally be, and the trend could continue over the next few months.
Dr. Myers predicts that temperatures will continue to be above normal for the next few months, so heating bills could continue to run about half to three-quarters what they would normally be. But Myers also predicts that January and February may be colder than normal and that may balance out the temperature curve. While the news is good for consumers, it may be bad for energy producers like natural gas companies, electric generating companies.
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