{"id":48691,"date":"2025-09-28T03:28:40","date_gmt":"2025-09-28T03:28:40","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/the-cost-to-heat-your-home-this-winter-is-expected-to-increase-see-how-much\/"},"modified":"2025-09-28T03:28:40","modified_gmt":"2025-09-28T03:28:40","slug":"the-cost-to-heat-your-home-this-winter-is-expected-to-increase-see-how-much","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/the-cost-to-heat-your-home-this-winter-is-expected-to-increase-see-how-much\/","title":{"rendered":"The cost to heat your home this winter is expected to increase. See how much."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Americans will dish out more money to heat their homes this winter as electricity and natural gas costs continue to soar.<\/p>\n<p>That&#8217;s according to a new study from the National Energy Assistance Directors Association (NEADA) which predicts that<strong>\u00a0<\/strong>Americans will see their energy bill rise 7.6% to $976 on average this cold weather season. Those who rely on natural gas to heat their home could see an 8.4% jump in their bill, while those who use electricity could see a 10.2% increase.\u00a0<\/p>\n<pre>\n<figure id=\"datawrapper_MPRFQ\" class=\"embed embed--type-datawrapper embed--float-none embed--size-large  responsive-embed\" data-ads=\"{\" wordcount=\"\">\n  \n<\/figure>\n<\/pre>\n<p>While electricity\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/why-utility-bills-are-rapidly-rising-in-some-states\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">prices vary<\/a><\/span>\u00a0by state, overall the cost is rising. In August, prices increased by 6.2% compared with the same month last year, according to the latest inflation data from the Bureau of Labor Statistics.<\/p>\n<p>Those costs will continue to escalate as much as 18% in the next few years, according to a May\u00a0<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65284\" target=\"_blank\" rel=\"nofollow noopener\">report<\/a>\u00a0from The U.S. Energy Information Administration.\u00a0<\/p>\n<p>Natural gas prices are up 13.8% from last year, far outpacing the rate of inflation, which <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-today-august-2025-tariffs-inflation\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">rose 2.9% in August<\/a><\/span> on an annual basis.<\/p>\n<p>Not all Americans will see an increase in their winter energy bills. Heating oil and propane users \u2014 roughly only 10% of U.S. households \u2014 could see their energy bills decrease by 4% and 5% respectively.\u00a0<\/p>\n<p>The overall rising home-heating costs follow greater summer air-conditioning use, amid warmer temperatures. &#8220;The average summer household electricity bill reached an estimated $776 in 2025, the highest in at least 12 years compounding household strain,&#8221; the report states.\u00a0<\/p>\n<p>&#8220;We had a period of relatively stable electric bills and then last year electricity went up twice the rate of inflation,&#8221; Mark Wolfe, executive director of NEADA, told CBS MoneyWatch.<\/p>\n<p>As a result, more American households are falling behind on their energy bills.\u00a0<\/p>\n<p>Since Dec. 31, 2023, energy arrearages \u2014 unpaid energy bills that homeowners owe to their utility company \u2014 have risen by about 31%, from approximately $17.5 billion to $23.0 billion by June 30, 2025, NEADA said in its report.<\/p>\n<p>The surge in energy arrearages comes as Americans are carrying\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/how-to-get-out-of-debt-you-cant-afford\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">record amounts of debt<\/a><\/span>. With inflation continuing to ramp up the cost of daily living, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/wages-income-falling-behind-inflation-jobs-profession-education-manufacturing\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">ahead of wages<\/a><\/span>, total household debt reached $18.39 trillion in the second quarter of 2025, with unpaid credit card balances exceeding $1.21 trillion.<\/p>\n<h2>Why are energy prices rising?<\/h2>\n<p>The main factors driving up energy prices is the ongoing high cost of maintaining and upgrading the grid, along with rising natural gas prices and increasing <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/artificial-intelligene-ai-data-centers-electricity-bill-energy-costs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">electricity demand from data centers<\/a><\/span> according to the NEADA report.<\/p>\n<p>&#8220;As demand goes up and supply is not matching that, prices are going to go up,&#8221; Abe Scarr, director of the Energy and Utilities Program at the Public Interest Research Group (PIRG), told CBS MoneyWatch\u00a0<\/p>\n<p>Russia&#8217;s invasion of Ukraine also\u00a0<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=55059\" target=\"_blank\" rel=\"nofollow noopener\">created volatility<\/a>\u00a0in energy prices, government data shows.<\/p>\n<p>So far this year, approximately 60 utility companies have either increased electricity and gas prices or proposed further increases,\u00a0<a href=\"https:\/\/www.americanprogress.org\/article\/with-americans-facing-utility-bill-increases-this-year-the-one-big-beautiful-bill-act-threatens-to-drive-costs-even-higher\/\" target=\"_blank\" rel=\"nofollow noopener\">according<\/a> to the Center for American Progress, a Washington D.C.-based think tank. With more rate hikes on the horizon, American households will have to try to stretch their income even further.<\/p>\n<p>&#8220;Families just finished paying their high electric bills for the summer, and now they&#8217;re looking at high bills for the winter,&#8221; Wolfe said.<\/p>\n<h2>How to lower your utility bills<\/h2>\n<p>As winter approaches, what can Americans do to lower their utility bill?<\/p>\n<p>Scarr suggests that people check with their utility companies, which often offer incentive programs to help customers implement cost-saving measures. Offerings vary by utility, but many companies provide free home energy assessments and discounts for people who want to insulate their homes.\u00a0<\/p>\n<p>For those interested in fortifying the envelope of their home to minimize heat loss, options include hiring a contractor for a professional retrofit or, for straightforward insulation projects, DIY tips, he said.<\/p>\n<p>When it comes to general energy conservation, experts suggest <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/phantom-unplug-devices-save-energy-emissions-waste\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">unplugging small appliances<\/a><\/span> or electronics when you&#8217;re not using them. While it might seem obvious, people can also turn down the temperature in the home a few degrees to save money, said Scarr.<\/p>\n<p>The Low Income Home Energy Assistance Program (LIHEAP), a federally funded initiative with a network of state-run programs, is another resource. LIHEAP provides financial assistance to help eligible low-income households cover energy costs.<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/mary-cunningham\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Mary  Cunningham<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at &#8220;60 Minutes,&#8221; CBSNews.com and CBS News 24\/7 as part of the CBS News Associate Program.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/home-heating-cost-winter-winter-electric-bill-2025\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americans will dish out more money to heat their homes this winter as electricity and natural gas costs continue to<\/p>\n","protected":false},"author":1,"featured_media":48692,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1585,1836,1600,7358],"class_list":["post-48691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-electricity","tag-heat","tag-united-states-department-of-energy","tag-utility-bills"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The cost to heat your home this winter is expected to increase. 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