This is an excerpt from EERE Network News, a weekly electronic newsletter.

October 10, 2007

EIA Foresees a Colder Winter with Rising Fuel Costs

The cost of heating your home will likely be higher this winter than it was last winter, according to a new report from DOE's Energy Information Administration (EIA). With record-breaking heat affecting much of the Northeast and Midwest, it seems a strange time to look ahead to the winter, but it is indeed rapidly approaching. Those using natural gas for heating are expected pay $78 more for heating this winter, a 10% increase, but those using heating oil can expect to pay $319 more, a 22% increase, while those using propane are expected to pay $221 more, a 16% increase. Prices are staying stable for those using electric heat. They're expected to pay $32 more this winter, a 4% increase. The 4% increase is the extra energy use expected due to colder weather this winter. So even though it may be hot right now, it's also a good time to prepare for the winter by improving the energy efficiency of your home. See the EIA's "Short-Term Energy and Winter Fuels Outlook" and for tips on saving energy at home, see the Consumer Web site from DOE's Office of Energy Efficiency and Renewable Energy.

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