Con Edison reports New Yorkers will see a slight decrease in their monthly heating bills this winter due to lower natural gas prices. The energy company estimates residential heating bills will be about 6.9% lower this winter. The average residential gas-heating bill from November 2019 through March 2020 will be about $255 per month, according to the company’s projections, down from $274 last year. That estimate is based on average monthly usage of 100 therms and assumes normal winter weather.
While heating costs are expected to be lower, New Yorkers are encouraged to sign up for one of Con Edison’s energy-saving programs and follow some easy tips to save energy and money and for additional savings that will help the environment and lower their carbon footprint.
Natural gas supplies are expected to remain tight this winter, and any disruption from interstate gas transmission providers could further constrain supplies. Con Edison, however, has secured adequate natural gas supplies for its 1.2 million gas customers, approximately 370,000 of whom use gas to heat their homes or businesses in Manhattan, the Bronx, Westchester County, and parts of Queens.
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