For those who rely on natural gas, the EIA expects each household to pay about $600 between November and March. About 80 percent of that will be for space heating, with the other 20 percent will be for things like cooking and heating water. The West and the South are expected to see slightly lower bills this winter, while the Midwest is expected to see prices increase about 11 percent.
How much might it cost to heat your home this winter?
Answer: The same as last year.
Weather forecasts for the upcoming winter have begun arriving, and the Energy Information Administration (EIA) has been using them to predict how much Americans might need to spend to heat their homes. And while it’s all speculation at this point, the good news is that things shouldn’t change much from the previous year.
For those who rely on natural gas, the EIA expects each household to pay about $600 between November and March. About 80 percent of that will be for space heating, with the other 20 percent will be for things like cooking and heating water. The West and the South are expected to see slightly lower bills this winter, while the Midwest is expected to see prices increase about 11 percent.
Those who use electricity for heating purposes are expected to spend about $1,050 over the course of the winter, a 2 percent increase from last year. About half of this figure accounts for space heating expenses, while the rest is for other electrical uses like lights and charging devices. The largest increases in electrical prices are expected in the Midwest and the Northeast due to colder weather and higher electrical rates, respectively.
For those who rely on natural gas, the EIA expects each household to pay about $600 between November and March. About 80 percent of that will be for space heating, with the other 20 percent will be for things like cooking and heating water. The West and the South are expected to see slightly lower bills this winter, while the Midwest is expected to see prices increase about 11 percent.
