Business

Natural gas likely cheaper this winter

Residential customers in the Carolinas will likely spend $10 to $12 a month less on natural gas this winter, Piedmont Natural Gas says.

The forecast assumes weather will be normal from November through March. That wasn’t true last year, when temperatures in the Carolinas ranged 6 percent to 12 percent colder than usual.

Charlotte-based Piedmont also factored into its forecast expected rate changes, such as for its cost of gas.

Piedmont expects the wholesale prices it pays to be lower than last year. The company’s gas costs are reflected in customer bills.

Bruce Henderson: 704-358-5051, @bhender

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