Mild Winter and Low Gas Prices Create Savings for Michigan Homeowners

Consumers Energy says a relatively mild winter and the lowest natural gas price in nearly 15 years are combining to reduce this winter’s heating bills by an average of $200 per household compared to a year ago.

“The natural gas price we offer our customers is almost 65 percent lower than a decade ago, and it has continued to fall in each of the last four months," said Tim Sparks, Consumers Energy’s vice president of energy supply operations.

Some facts about heating costs for Consumers Energy customers:

• Households paid $70 less, on average, for their heating bills in October and November, compared to the same two months in 2014. Final figures for December are not yet available.
• Customers are paying almost 65 percent less for natural gas this month than they were in January 2006.
• Consumers Energy has lowered the price of natural gas each month since September, when it was $3.36 (per thousand cubic feet) to $3.16 this month.
• The last time the price of natural gas was this low was in April 2001.