This is an excerpt from EERE Network News, a weekly electronic newsletter.
EIA Expects Heating Bills to Increase Up to $300 This Winter
Expected increases in both energy demand and energy prices pose a double whammy for U.S. consumers this winter, boosting home heating costs by $100 to $300, according to DOE's Energy Information Administration (EIA). The Northeast will be hit the hardest, as those using heating oil are forecast to face a 45 percent increase in heating bills. Those using natural gas and propane will suffer less of a blow, with heating bills up 19 percent and 22 percent, respectively. Last year's warm winter is partially to blame, as temperatures are expected to return to normal this winter. See the EIA press release.