US – The US Energy Information Administration says that across the US Americans will spend more this year than in previous years on heating for several factors.
One of those factors is the cost of higher fuel prices, another factor is higher heating demand because of a forecast of slightly colder weather than last winter.
The forecast expects households that heat with oil or gas to experience an increase in cost of 27 percent and 28 percent, respectively, compared to 2021/22. Those that heat with electricity – still the less cost-efficient option compared with gas – will experience prices rising by 10 percent, as electricity is generated from several sources, including but not limited to oil and gas.
Households in the Northeast and Midwest are projected to pay 1000 – 1,100 for fuel heating, and 700-800 for electricity.