POWER UP MEMPHIS

Power Up Memphis (October 2021)


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Due to market forces, customers could see their total winter gas costs increase by 20% to 30% With steadily rising U.S. natural gas prices, MLGW customers can expect higher than average winter heating bills this season. U.S. natural gas prices for the upcoming winter are currently projected to be significantly higher than last winter. These are some of the highest prices in the last eight years. On this segment of Power Up Memphis Jeff Sissom, Gas Portfolio Management Supervisor, will discuss these upward price trends which are being driven by growing concerns of low winter storage levels across the U.S. which could lead to MLGW customers experiencing some of the highest winter gas bills in recent years. He will also shed light on how MLGW customers will be affected and what the utility provider is doing to lessen the impact as we navigate through these unprecedented times. Also in this episode of Power Up Memphis, Rodney Cleek, Manager of Budget, Plant and Rates Department, will walk customers through a comprehensive look at how the rising prices may impact your MLGW natural gas bills during this upcoming winter season. He will also share MLGW’s overall electric, gas and water Annual Bill Comparison Survey and how MLGW compares to other utilities from highest to lowest rates, as well as the MLGW Way Forward and Service Improvement Plan. While customers cannot control the market, they can find ways to conserve and save money. To find energy conservation tips, go to mlgw.com/conserve.
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POWER UP MEMPHISBy Power Up Memphis