Heating Bills Are Expected to Spike in US This Winter: Federal Agency

Heating Bills Are Expected to Spike in US This Winter: Federal Agency
Natural gas is transferred into the SoCalGas system after being collected and purified at a Calgren collection facility in Pixley, Calif., on Oct. 2, 2019. Mike Blake/Reuters
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The average heating cost for a U.S. household is forecasted to see a double-digit increase this winter, according to the U.S. Energy Information Administration (EIA) in its October winter fuels outlook (pdf).

Retail energy prices are expected to approach “multiyear highs” due to supply and demand changes following the pandemic, as well as a colder winter ahead.