How are customers natural gas prices calculated?
Natural Gas Winter Outlook As we move towards the winter heating season, natural gas prices remain at levels not seen since the early part of this decade. The lack of a current threat to producing regions from hurricanes to date, extremely strong storage inventories, solid domestic production, reduced large-volume customer demand and a milder weather forecast seem to be influencing market players. At this point in time, Alliant Energy anticipates that natural gas costs will be about 20-25 percent lower for the average residential customer this winter heating season compared to last year. This forecast is based on normal winter weather. As is always the case, weather has the potential to play a big role in what actually ends up happening because it can drive natural gas costs up or down. Lower consumption, brought about by the economic slowdown, and higher production levels have been the primary contributors to lower natural gas prices over the last year. Current industry predictions ar
