Electric prices expected to go down this winter while gas goes up

Posted at 2:34 PM, Oct 19, 2017

New York State says you can expect electricity prices to be lower than average this winter. But gas prices will likely be on the rise.

The New York State Public Service Commission says natural gas bills this year are projected to be slightly higher than historical winter averages. One th electric side, the state says this winter's commodity prices are expected to be slightly higher than last winter, but signifcantly lower than the historical average.

According to the state, a residential customer using 600 kWh per month is expected to pay about $40 per month for supply. The average residential customer using 720 therms of natural gas can expect to pay about $800 in total for supply November through March.

The Public Service Commission says gas companies are auditing systems, processes and procedures, as well as scheduling tests to ensure that interruptible customers comply with the Commission's alternate fuel requirements.