Winter heating costs going up this year

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It will cost more to heat your home this winter.

Most households in the U.S. should brace for higher heating expenses compared to the previous two winters, according to the Energy Information Administration. The increase can be attributed to relatively colder weather in the coming months and higher fuel prices.

Homes using natural gas and electricity, the two most popular heating fuels, will see the smallest increases. The average household with natural gas heating will spend $644 this winter, an increase of $69 (11.9%) versus last year. Electric heating costs will rise $74 (8.1%) to an estimated $980 per household…

 

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Posted in: Daily News

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