At a glance: Winter heating costs expected to fall on warmer weather
A winter that is expected to be warmer than last year will lower heating bills for customers of all fuels, according to the Energy Department's annual outlook. Heating oil and propane customers will see the biggest declines because fuel consumption will fall and the prices of those fuels are expected to be sharply lower than last year. Natural gas and electricity prices are expected to rise, but lower consumption will lower overall bills slightly. Below are the Energy Departments predictions for average heating costs by fuel between October 1 and March 31.
Natural Gas
Number of U.S. Households: 58.8 million
This year: $649
Last year: $680
Savings: $31
Electricity
Number of U.S. Households: 47.5 million
This year: $938
Last year: $955
Savings: $17
Heating oil
Number of U.S. Households: 6.3 million
This year: $1,992
Last year: $2,345
Savings: $353
Propane (Midwest only)
Number of Households: 5.7 million
This year: $1,500
Last year: $2,267
Savings: $767