EIA Anticipates Increases in Natural Gas, Propane, and Electricity Heating Costs
http://www.achrnews.com/articles/127862-heating-prices-set-to-increase-this-winter
While rising energy prices and cooler temperatures prompt Americans to reach for their overcoats and pocketbooks this winter, these conditions often spark smiles upon HVAC contractors’ faces as they prepare their crews for what appears to be a busy heating season.
Home Heating Bills
According to the U.S. Energy Information Administration (EIA), households heating with natural gas are expected to rise 14 percent this season, increasing average residential energy costs by $80 compared to last winter.
By region, the EIA predicts households heating with propane in the Midwest will spend an average of $120, or 9 percent, more this winter than last winter; residences in the Northeast are expected to spend an average of $206, or 11 percent, more. Similarly, households heating primarily with electricity can anticipate an $18, or 2 percent, increase on their bills this winter.
Some reprieve should come for those primarily using heating oil. The EIA expects those households to spend an average of $46, or 2 percent, less this winter, reflecting a 5 percent decrease in prices and a 3 percent increase in consumption.