Ameren Illinois has good news for natural gas customers. The utility company says moderate prices during the past year's heating season are expected to continue this winter.
The company says that's because of the sluggish economy and soft worldwide demand for energy. Glaeser is the company's vice president of gas and electric technical services.
“This moderate trend is the result of the sluggish domestic and global economies coupled with soft worldwide demand for all forms of energy,” said Scott A. Glaeser, Ameren Illinois vice president of gas and electric technical services.
During the 2009-10 heating season, Ameren Illinois customers paid an average of 63 cents a therm. Ameren Illinois anticipates the 2010-11 heating season price to average 64 cents a therm.
Glaeser says Ameren Illinois has most of its natural gas supplies hedged or "price protected" for the upcoming winter to insulate customers from market volatility.
Ameren customers can get tips on saving energy — and money — at the website ActOnEnergy.com.
Ameren Illinois serves more than 1 million electric customers and more than 800,000 natural gas customers in downstate Illinois.
