Cost of natural gas expected to decrease heading into winter season - ABC6OnYourSide.com

Cost of natural gas expected to decrease heading into winter season | WSYX

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COLUMBUS, Ohio (WSYX — Central Ohioans may see a drop in their heating bills' costs this winter as Columbia Gas of Ohio anticipates prices to fall this year.

Taking into account current projections and assuming average weather for the winter, Columbia Gas predicts gas bills to be 25-35% lower than the same time in 2022. This is in part due to increased levels of production as well as lower numbers of exports and lower costs of filling storage.

“With the costs of many everyday items continuing to rise, we know that every bit of savings can make a difference,” Vince Parisi, president and chief operating officer of Columbia Gas of Ohio said in a press release on Monday. “The decrease in the cost of natural gas comes as good news, as we head into the winter months, when customers typically use more to heat their homes.”

Columbia Gas said natural gas bills are broken down into two components. The bulk of the cost is tied to the cost of natural gas itself, while the rest includes cost of delivery to customers.

Customers may also save on gas bills this winter by taking steps to winterize their homes and using appliances that are energy efficient.

If you need assistance with your gas bill, Columbia Gas has a service to help customers. You can find it online here, or by calling 1-800-344-4077.

The state also has options to assist Ohioans with heating costs this winter.