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Utility Costs Expected to be Down this Winter Heating Season

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State officials say utility prices are expected to be down this winter season.

The Public Service Commission announced yesterday (October 17) that both electricity and natural gas prices are forecasted to be slightly lower than last winter, on average.

Their conclusions were based on meteorologists’ predictions of relatively “normal” weather forecast this winter.

“We anticipate energy consumers will benefit from lower than average energy prices this winter, which is welcome news for all of us,” said Commission Chair John B. Rhodes. “We will continue to closely monitor the utilities serving New York State to make sure they have adequate sources and supplies of electricity and natural gas to meet current customer demands this winter. To that end, our 2018 New Efficiency New York Order established accelerated incremental targets to reduce statewide energy use by 31 trillion British thermal units of cumulative annual site energy consumption by 2025.”

This year, the original Farmer’s Almanac called for a “harsh winter” ahead for Central New York and much of the country, however that claim is now being disputed by the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center.

NOAA officials contend that much of the country should have a milder-than-average winter, especially the South, New England, Alaska and Hawaii.

Still, the administration also says the season will have its fair share of storms, with periods of cold temperatures and heavy snowfall for even the mildest geographic regions.

The entire Northern U.S. is expected to see above-average amounts of rain and/or snow, but it’s still rather unpredictable since there’s
neither an El Niño nor La Niña pattern this year.

That means there could be large swings in temperature and precipitation.

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