Get ready for much higher December utility bills – Lexington-Fayette, Kentucky

Lexington-Fayette, Kentucky 2021-11-26 07:32:47 –

Get ready: It could be an expensive winter when it comes to gas and electricity bills.

Prices for natural gas, oil, propane and even electricity have risen this year, and in some cases have risen significantly.

Homeowner James Mene already feels it, despite a careful look at the thermostat. He found that his budget billing rate (what he pays for utilities each month) jumped from $ 128 to $ 160 each month.

“My monthly bill goes up by $ 31,” he said. “That’s about $ 360 a year.”

The price hike will be a bit off next year’s budget, Mehne said.

“For now, everything is rising, along with income and everything else in the world,” he said. “It will make it harder to pay other bills.”

Abnormal energy price soaring this year

Gas and electricity prices are all based on weather and demand, so it is common to go up in winter.

But this year something strange happened. Natural gas prices are rising all year round due to shortages in Europe and the increase in natural gas used to generate electricity.

NS According to the US Energy Information Administration For those who heat with gas Expected to use 30% more this winter From last year.

However, electricity prices are rising due to the storm in Texas last winter and rising power generation costs.

How to keep your bills in check

How can homeowners reduce their energy costs?

Sally Teren’s Duke Energy warns customers About the importance of weathering this winter, all over the country (other than the southernmost cities).

“We are now working hard to get our customers ready,” she said.

According to Thelen, homeowners can save up to 3% on bills each time the thermostat is lowered.

For those who live in South Florida or Southern California, she suggests checking windows and doors for leaks.

“If you need to add caulk around the window, add weatherstripping around the door and make sure it’s tightly sealed,” she said. “I just do something to really keep the heat.”

Homeowners like Mehne want a mild winter as prices for petrol, groceries, and now utilities are starting to rise.

As always, don’t waste your money.


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