The Government’s forecast calls for a drop in winter heating costs

November 16th, 2009

Forecasts call for drop in winter heating costs

Staying warm won’t be quite as expensive this winter.

People who heat with natural gas should do especially well, seeing their lowest bills in five years. But no matter what fuel is used, heating costs are expected to take less of a bite out of household budgets in the coming months — from $20 to as much as $280 lower than last winter depending on what fuel is used, the government says.

An expected milder winter, along with lower fuel costs, should cut average residential heating expenditures by 8 percent from last year, the Energy Information Administration said in its annual winter outlook on Tuesday.

Posted in Today's News |

Tags: government controls, heating bills, lower fuel costs, winter heating

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