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PUC to hold special hearing on natural gas prices | News, Sports, Jobs

PUC to hold special hearing on natural gas prices | News, Sports, Jobs
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PUC: Gas bills could triple in February | News, Sports, Jobs

cschuldt@nujournal.com NEW ULM New Ulm residents could see February’s gas bills triple from last month because of the recent polar vortex. New Ulm Public Utilities Director Kris Manderfeld said the polar vortex has resulted in the highest natural gas increase she’s ever seen. Gas prices increased from $2.60 per thousand cubic feet (Mcf) at the start of the month to $188 per Mcf during the height of the polar vortex. The New Ulm Public Utilities Commission (PUC) received a report on the high gas price from Manderfeld during the work session before the regular month PUC meeting. Manderfeld said the recent cold drove up demand and the gas price. This happens whenever southern Minnesota faces extreme cold, but this time the cold weather impacted the entire country, reaching as far south as Texas. The supply of natural gas was affected.

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PUC to update public on upcoming bill hikes | News, Sports, Jobs

Feb 23, 2021 Staff photo by Fritz Busch NUPU is warning the public to expect big hikes to utility bills after the cold February spell. NEW ULM The New Ulm Public Utilities Commission (NUPUC) will hold a special work session Tuesday to provide information on the recent natural gas price increase due to the polar vortex. The work session is scheduled for 3 p.m. in the City Hall Chambers before the regular PUC meeting. The work session is intended as an informational meeting to explain the recent jump in natural gas prices. Earlier this month, New Ulm Public Utilities (NUPU) warned residents their gas bills for February could be the highest in years. Natural gas prices are increasing across the country. When temperatures drop, customers turn up the heat in their homes, increasing the demand for gas.

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As temps drop, gas prices rise | News, Sports, Jobs

cschuldt@nujournal.com Staff photo by Fritz Busch The New Ulm Public Utilities Office warned residents Tuesday that natural gas prices have risen sharply recently. The office listed a number of ways to reduce natural gas demand including turning down thermostats when residents are not at home. NEW ULM Temperatures are dropping, but natural gas prices are rising. The New Ulm Public Utilities (NUPU) warned residents their gas bills for February could be the highest in years. The cold spell is the reason for the increase in gas prices. “We’re seeing some of the highest gas prices across the nation in some time,” New Ulm Public Utilities Director Kris Manderfeld said. “It is about supply and demand.”

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