More Bad News for Americans Battling Higher Prices: Winter Heating Bills Are About to Rise
Electric heat users may see bills rise 10.2%, with some southern states facing over 21% increases, while federal aid for heating assistance remains unchanged despite higher demand.
- Americans will face an average 10.2% increase in winter heating bills, reaching about $1,205 this season across the country.
- This rise follows significant electricity and natural gas price hikes since 2021 and a forecast for a colder winter, while federal assistance funding remains unchanged.
- More than 100 utility companies have recently raised or proposed rate increases, with electric heat users in the South expecting spikes over 21%.
- Sofya Mirvis of Delaware's LIHEAP noted that they have received several hundred applications even before the official start of the season, indicating increasing demand for assistance.
- Higher heating bills and flat federal funding imply increasing financial strain on consumers, with experts warning this may be the new normal going forward.
16 Articles
16 Articles
US Household Electricity Bills Expected to Rise 10.2 Percent This Winter
Americans using electricity to heat their homes should be prepared to bundle up a bit more this winter as utility rate increases are expected to escalate by 10.2 percent. A Sept. 19 announcement from the National Energy Assistance Directors Association (NEADA) forecasts electricity costs will rise from an average of $1,093 in 2024 to $1,205 this year. “Electricity prices are rising more than twice as fast as the overall inflation rate due to uti…
Average heating bill expected to rise almost $1,000 this season
PROVIDENCE, R.I. (WLNE) — The cost of keeping a house warm this season is expected to rise to $976, according to the National Energy Assistance Directors Association. That’s nearly an eight-percent hike from last year and it comes from increases in natural gas and electricity prices. A report from the Center for American Progress says dozens of gas and electric utility companies have either already raised or are planning to raise rates this year…
By Tami Luhby, CNN This winter's heating bills will send shivers down the spine of many Americans. The cost of staying warm at home is expected to rise an average of 7.6% to $976 this season, according to a new estimate from the National Energy Assistance Directors Association. The increase is driven by increases in electricity and natural gas prices, as well as a forecast that next winter will be a bit colder. The projection comes at a time whe…
Heating Bills Set to Rise This Winter » ¡Que Onda Magazine!
American households face an average 7.6% jump in winter heating costs, reaching about $976, according to the National Energy Assistance Directors Association. The increase comes from higher electricity and natural gas prices and forecasts for a colder season, adding to already elevated grocery, health care, and utility expenses. Electric and Gas Costs Climb Electric heat […] La entrada Heating Bills Set to Rise This Winter se publicó primero en …
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