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Heating costs set to rise 7 percent this winter, report says
Heating oil households face the biggest increase as global supply disruptions keep fuel prices elevated, NEADA said.
Heating bills will rise 7.1 percent this winter, increasing average household costs by $66 from 2025 levels, according to a report released Wednesday by the National Energy Assistance Directors Association .
President Donald Trump's conflict with Iran has restricted global oil supplies, driving up fuel prices and contributing to a projected 70.2 percent surge in heating oil costs for households this season.
Millions of families face utility shutoff risks as rising expenses strain budgets, with those relying on heating oil expected to pay about $2,977 for the season—a 70 percent increase from last year.
Senators advanced the Bipartisan American Affordability and Jobs Act on Tuesday in a procedural vote, though House Democratic Leader Hakeem Jeffries and the Congressional Progressive Caucus oppose the legislation.
Despite potential demand reductions from a 'super' El Niño climate pattern, NEADA executive director Mark Wolfe warns it is prudent to assume oil heating prices will remain elevated throughout the winter.