NY natural gas prices expected to surge 11% this winter, while electricity prices could fall

Natural gas prices could soar 11% this winter compared to last year, while electricity prices could fall about 2%, the state Public Service Commission estimated.

Customers using 700 therms of natural gas will likely pay $202 monthly during the November-March heating season, for an 11% dump over the same period in 2023-24, according to a commission estimate released last week.

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