Eversource Energy Company Warns of 15 Percent Rise in Winter Heating Bills

Eversource Energy Company Warns of 15 Percent Rise in Winter Heating Bills
Natural gas flares off at a production facility owned by Exxon near Carlsbad, N.M., on Feb., 11, 2019. Nick Oxford/Reuters
Katabella Roberts
Updated:

Eversource Energy on Wednesday warned that customers could see natural gas heating prices rise 15 percent, costing an average of $30 a month more compared with last year.

In the company’s third-quarter 2021 earnings call on Wednesday, Philip J. Lembo, executive vice president and chief financial officer, cited rising prices post the COVID-19 pandemic, forecasts of a cold winter, and supply issues as reasons for the price increase.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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