Xcel says gas bills should go down 20-25%

Unless, of course, it’s a cold, cold winter

You may be able to look forward to a lower heating bill this winter.

Xcel Energy’s Liz Wolf Green says that may be the case for gas customers. 

The company’s projecting heating bills 20-25 percent lower than last year for residential customers. That means the customer who paid $665 to heat over the five-month season last year will pay just $500 this year. 

Wolf Green says, because those projections are based on what’s expected to be a near-normal winter in temperatures, should it get really cold for long spells, those savings might go up in smoke.