Although natural gas prices are currently low, a number of factors could impact prices during the upcoming winter heating season. “The weather is the biggest wild card in figuring energy costs,” said Welch. “As it gets colder, demand goes up and prices typically go up. If it gets colder than normal, that will have an even greater impact on demand and prices.
“The bottom line is that winter weather has always been unpredictable. What we know now is that we’re able to put money back in the pockets of our customers thanks to lower gas costs. That’s what’s important.”
Yankee Energy System, Inc.,(YES) which is part of the Northeast Utilities system, includes Yankee Gas Services Company, the largest natural gas distribution company in Connecticut serving approximately 187,000 customers in 69 cities and towns throughout the state. Yankee Energy also includes Yankee Energy Financial Services Company, which provides a full range of residential and commercial energy equipment financing options. Further information about YES can be obtained from its Web sites: www.yankeeenergy.com, www.yankeegas.com and www.yankeefinacialservices.com