HENDERSON, Ky. – Early season reports from the Kentucky PSC with a forecast for lower utility bills have not held true.
Instead, higher than anticipated costs for natural gas and early cold temperatures are teaming up to indicate that consumers can expect to see increases in their utility bills, likely throughout the winter season.
“Our cost for natural gas is higher than last year,” said Owen Reeves, director of Henderson Municipal Gas. “It is up noticeably since last year, and January rates for December consumption will be higher.”
Reeves said he expects that to remain the case for the next few months.
“In the long run, natural gas will retreat to lower costs, but the exact timing cannot be predicted,” he said. “So as good stewards, conservation is recommended to help lower your costs.”
Some things consumers can do to help themselves conserve, whether you use natural gas to heat your home or simply have a few gas-fueled appliances:
Seal it up
Cover it up
Clean it up
Change your ways
Consider using budget billing if you are a utility customer of the City of Henderson. Customers who haven’t had any late payments for the last 12 months qualify for budget billing, which takes and average of the last 12 bills and adds a 5 percent contingency for rate increases and atypical weather. Utility customers pay the average amount each month.
The budget-billed amount is adjusted at the end of a 12-year cycle if the amount is exceeding or failing to cover the amount of consumption.