It’s almost winter, and many consumers are starting to worry about their energy bills. What should you do if your utility bill is going up? How can you save money on heating this winter? In this blog post, we’ll discuss the reasons for natural gas prices going up in 2021 and how it will affect consumers. We’ll also give tips on keeping your energy usage down so that you don’t have to pay more for utilities this winter.
The Covid-19 pandemic shut the whole world down in March of 2020. Among other supply and demand fluctuations, there was also a large increase in the demand of natural gas and a decrease in the natural gas supply in the United States. The lowered supply levels of natural gas was one of the biggest concerns for consumers and businesses after the pandemic. This shortage mixed with higher demand caused utility bills to increase in 2021, and many people had to choose between heating their homes or paying for other utilities like internet and phone services.
Natural gas is used as the primary heating fuel for about 48% of U.S. homes, according to the U.S. Census Bureau’s 2019 American Community Survey. The U.S. Energy Information Administration (EIA) predicts that homes that use natural gas as their primary heat source to spend an average of 30% more on natural gas this heating season when compared to last year. On top of rising prices, weather experts are also predicting a colder-than-average winter (December through March).
The good news is that there are ways you can keep your energy usage down this winter. Below are some tips and tricks you can follow to help keep your household energy costs down this winter.
If your natural gas bills are getting out of control, contact your utility or supplier to see if they offer any type of budgeting plans for you to opt into. These plans allow you to spread out the cost of heating throughout the entire year.
Also, look for a supplier that offers additional perks. Our customers earn reward points on every dollar spent on utilities. These rewards can be used for other products or services and can even be traded in for gift cards to your favorite retailers! Choosing Shipley Energy for your home-heating needs is the natural choice, build your natural gas plan today!