It might not cost nearly as much to heat your home this winter.
A report from the federal Energy Information Administration says the global economic downturn is reducing demand for natural gas, and We Energies spokesman Brian Manthey says that's driving prices down. This summer, he says it appeared bills would be drastically higher than last year. However, natural gas has gone down with the price of oil, meaning an increase of four to six percent could be more likely this winter.
Manthey says if people take steps to make their homes more energy efficient, they could even see their heating bills stay the same as last year or possibly go down.
He says the weather could still be a major factor that could influence prices. If the winter is severe, Manthey says that could increase demand and prices.