Ok, here's the deal: I own a 1575 sq. foot home in the middle of Indiana. Yeah, I know, I should move...
$58.00 = last years budget billing (been on budget for two (2) years, BTW)
$103.00 = Current bill (They increased it in July 2005). Still on budget billing of course.
$131.00 = What I have to pay from December until June 2006.
Now here what perplexes me: The letter I got today from Vectren said that natural gas prices went up between 28% and 38%. I received my degree in Criminal Justice, but when I use the math that I did learn, I come up with about a 125% increase.
I tried calling the gas company, but ended up on hold for a little more than an hour (big surprise!).
I guess my questions are:
1. Did natural gas prices go up that much to justify that kind of increase? Or did they make a mistake in their calculations?
2. Would it be cost efficient to switch to electric heat?
$58.00 = last years budget billing (been on budget for two (2) years, BTW)
$103.00 = Current bill (They increased it in July 2005). Still on budget billing of course.
$131.00 = What I have to pay from December until June 2006.
Now here what perplexes me: The letter I got today from Vectren said that natural gas prices went up between 28% and 38%. I received my degree in Criminal Justice, but when I use the math that I did learn, I come up with about a 125% increase.
I tried calling the gas company, but ended up on hold for a little more than an hour (big surprise!).
I guess my questions are:
1. Did natural gas prices go up that much to justify that kind of increase? Or did they make a mistake in their calculations?
2. Would it be cost efficient to switch to electric heat?
