COMPARE TANKLESS WATER HEATERS

Compare Tankless Water Heaters

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Typically, residential natural gas consumers have some basic questions as the winter approaches: How much will natural gas cost and will enough be available this winter heating season? The answers to these questions ultimately depend on ever-changing conditions in national and local markets for natural gas. Since the latter part of 2002, market conditions have fostered an upward trend in natural gas prices. The Energy Information Administration (EIA) expects that these generally higher prices will continue through this winter

According to its Short-Term Energy Outlook (October 2005), assuming normal winter weather (and no catastrophic disruptions of supply), EIA expects that supplies of natural gas should be sufficient to satisfy all residential consumers’ needs (although there is always the possibility of isolated shortages due to unusual regional or local conditions). EIA estimates that the representative average residential price of natural gas will be more than 43 percent higher than last winter, while consumption is projected to be almost 3 percent higher this winter. As a result, EIA expects that the total amount spent for gas consumed by the representative residential customer during this winter (October 2005-March 2006) will be about 48 percent greater than last winter

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