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Expect Lower Heating Bills

North Carolina households can expect lower heating bills this winter as the recession forces energy costs down.

The News & Observer of Raleigh reported Wednesday that slower economic activity has cut demand and forced energy producers to cut costs. Electricity and natural gas utilities have been able to lower their costs.

PSNC Energy is expected to charge 28 percent less, saving about $38 for the typical home natural gas bill.

Piedmont Natural Gas will charge about 16 percent less this winter.

Progress Energy is asking state regulators for a rate cut of less than 50 cents a month for the typical household.

Duke Energy, however, raised its rates about 5 percent this month.


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