Heating bills set to soar as inflation hits energy prices

Published October 13, 2021 9:18 AM

By STAN CHOE
AP Business Writer

NEW YORK (AP) — With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter. Nearly half the homes in the U.S. use natural gas for heat, and they could pay an average $746 this winter, 30% more than a year ago. This could be the most expensive winter for natural-gas heated homes since 2008-2009. A forecast for a colder winter means people will likely be burning more fuel to keep warm, on top of paying more for each bit of it.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.