Originally posted by: EatSpam
Originally posted by: charrison
Originally posted by: Shame
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?
Yes natural gas has gone up that much. And here is why.
The clean air act basically forced power plants to run off natural gas. So for about the last 10 years most new power plants were run off natural gas. THis has driven natural gas demand way up. To make matters worse, the goverment has done everything possible to limit natural gas exploration in the US.
THis is just a bad combination.
Too bad the government doesn't promote nuclear, but then the nuclear lobby isn't nearly as powerful as big oil.![]()
The recent energy bill had some stuff for nuclear in it. It appears a couple of power companies are seeking new nuke permits.
