Shocking Alert: Winter Heating Bills Could SOAR 10% — Top Tips to Save Your Wallet
Why Winter Bills Are Climbing Energy bills have already been rising faster than inflation, and last winter’s hikes are carrying into this one. A recent National Energy Assistance Directors Association (NEADA) report finds the average household heating bill will jump ~7.6% over last winter kioncentralcoast.com. That reflects both higher fuel prices and increased demand – this winter is forecast to be slightly colder than last year. Electricity costs in particular have soared: U.S. grid prices jumped 6.2% year-over-year in August, and could climb double digits in coming years cbsnews.com cbsnews.com. As NEADA’s Executive Director Mark Wolfe explained, “we had a period of relatively stable electric bills