NY leaders warn your heating bill could be significantly higher this winter
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ROCHESTER, N.Y. (WHEC)— As the weather gets cooler, the cost to heat your home is expected to go up, and state leaders say this year you’ll see quite the price hike.
The New York State Public Service Commission met Thursday and said New Yorkers should expect to pay about 21% more for natural gas. To be more specific, leaders said last year the typical heating bill came out to $786 for the winter, but this year, you may see it rise to $935.
That’s because natural gas prices around the world have soared to record highs.
There were also concerns about a possible natural gas shortage, but the PSC said utility companies will have enough to meet demand this winter.
While those are the forecasted numbers, leaders said it will depend on what the weather looks like, and of course, how much you use your heat. They also said the average bill increase is aligned with similar price hikes over the last decade.
