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Average US heating bills to rise 7% this winter nationwide – report

Average US heating bills to rise 7% this winter nationwide – report

Summary

A report from the National Energy Assistance Directors Association projects that U.S. heating bills will rise more than 7% on average this winter. Heating-oil users could face the largest increase as fuel supplies tighten, while about one in six U.S. households is already behind on utility payments.

Key Facts

  • The report projects a nationwide average heating-bill increase of more than 7%.
  • Seasonal heating-oil costs could rise 70% to about $2,977 for nearly five million households that use the fuel.
  • In the Northeast, average heating bills are projected to rise 16.9%, or $221, from $1,311 to $1,532.
  • Electric-heating costs are projected to increase about 6% to $1,215, while propane bills could rise about 5% to an average of $1,350.
  • The association says disruptions linked to the war with Iran and refinery production cuts in the Middle East and Russia are tightening fuel supplies.
  • About one in six U.S. households is behind on utility payments, owing a total of roughly $23 billion, according to the association.
  • Utilities disconnected power to 173,598 households across 10 states in July, during a record-hot month, the article reports.
  • The association is urging Congress to provide relief before higher winter bills arrive.
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