For those of us who use natural gas to keep warm and clean this could be a very expensive winter.
Roughly 55% of U.S. homes heat with natural gas, which is used by two-thirds of homes in the Midwest. Homeowners in this region will pay even more for the fuel this winter, with EIA projecting a 61% increase in bills.
Homes that rely on heating oil can expect to pay $378, or 32%, more than last winter. About 7% of U.S. homes, primarily concentrated in the Northeast, use heating oil.
Propane-heated households will pay roughly $325, or 30%, more than a year ago. Propane is used by about 4% of homes primarily in the Midwest.
At my house a 61% bump in heat for the 4-5 months of cold weather will mean about $500.00. Lets all hope for a warmer than normal fall winter and spring.