FAST FIVE: US Home Heating Costs Set To Surge 17%, Says Energy Group
US Home Heating Costs Set To Surge 17%, Says Energy Group Authored by Bryan Jung via The Epoch Times, Winter is coming, and experts are predicting that it will be an expensive one for American households nationwide.
The energy association expects that the average winter heating bill will increase from $1,025 to $1,202.
However, European and American green energy policies, combined with Russia's invasion of Ukraine in February, have caused oil and natural gas prices to spike worldwide.
Families with an income of $50,000 or less are the ones struggling the most with the higher energy costs.
“Natural gas prices are up 33% from just one year ago.