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Heating bills are projected to rise by 11% this winter. These sources will see the biggest spikes.
U.S. households face an average $1,011 heating bill this winter, with electric heat costs rising about 14%, outpacing the 9.5% increase for natural gas users, NEADA reports.
- U.S. households face an 11% rise in heating bills this winter, with an average spend of $1,011, NEADA reports.
- Rising fuel and power costs have pushed up electricity and natural gas prices alongside colder winter temperatures, while higher interest rates and growing data center demand raise electricity generation expenses.
- Get the Facts Data Team's analysis shows families that rely on electric heating face about a 14% cost increase while natural gas households see about 9.5%, with states like Florida and South Carolina relying heavily on electricity and Illinois and Michigan on utility gas.
- Households face risks of frozen pipes and costly repairs if they shut off heat in freezing weather, and renters and homeowners can seek government assistance programs if winter bills strain budgets.
- Smart thermostats like Nest and rebates from local energy providers can help homeowners follow Department of Energy guidance to reduce heating bills by setting the thermostat back 7 to 10 degrees when away or asleep.
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