Home Heating Cost Predicted to Fall this Winter
There's good news for people who like to keep their homes toasty - heating costs are projected to be way down this year in Wisconsin.
If you check out the ways you might heat your rural home or cabin there's a big drop-off. Comparing heating oil: in 2012 it cost about $3.65 per gallon. This year it costs about $2.24 per gallon.
For propane, in 2012 you'd pay $2.06 per gallon. This year: $1.69. This pricing is all according to the U.S. Energy Information Administration.
What most people around Milwaukee use to heat their homes - natural gas - is also seeing a price drop.
"Of course this varies widely from each customer to the next depending on the size of their home and home much they usually like to turn up their thermostat - but for the average residential customer what that works out to over the cost of the whole heating season is less than $500 which would be the lowest cost heating season in a decade," Cathy Schulze, spokesperson for WE Energies, said.
Customer could save as much as 20% from last year due to lower natural gas prices and a predicted mild winter, Schulze said.