Lincoln — The average U.S. household is going to pay more for heating this winter, as the prices for
heating fuels go up and a colder winter forecast contributes to greater demand.
The U.S. Energy Information Administration announced in its Winter Fuels Outlook that households will likely pay more for heating regardless of how they heat their homes. Homes heated by propane could see a 54% increase in heating costs over last year along with heating oil costs up by 43%, natural gas heating costs up by 30%, and electric heating costs up by 6%.
U.S. and global supplies of heating fuels remain low as production has been slow to ramp up because of the COVID-19 pandemic. In addition, the National Oceanic and Atmospheric Administration forecasts a slightly colder winter season versus last winter, which would increase the consumption of energy for home heating.
