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Low Natural Gas Prices Could Mean Lower Heat Bills this Winter

If current conditions are any indication, area residents can expect lower costs on their heating bills this winter. Going into the month, natural gas was trading at a seven-year low, due to production and the quantity in reserves. Steve Schultz, a spokesman with Alliant Energy, tells KNIA/KRLS News that could translate to as much as a 25 percent reduction in heating costs this winter. Schultz adds that consumers can also avoid peaking bills in the wintertime by enrolling in programs that set a consistent price on natural gas bills for the entire year.