ET 14:56

U.S. Winter Heating Costs Projected to Rise 9.2% Amid Higher Energy Prices, Cold Weather

IMP5.5
SNT-0.5
CONF80%
Macro

Home heating costs for U.S. households are forecast to increase 9.2% this winter, driven by higher electricity and natural gas prices and colder-than-average temperatures across much of the country, according to a January 25 report from the National Energy Assistance Directors Association. The rising utility expenses add financial pressure as many Americans already face high living costs. The association's seasonal forecast highlights the direct impact of energy commodity prices and weather on consumer budgets.

EditorTan Wei Jie