The Energy Information Administration (EIA) predicts that home heating expenses for the upcoming winter season will be similar to last year. Natural gas users can expect to pay around $600 from November to March. This amount covers both space heating and other uses like cooking. Regional variations exist: West and South: Slightly lower bills Midwest: …
How Much Might It Cost to Heat Your Home This Winter (2024-2025)
The Energy Information Administration (EIA) predicts that home heating expenses for the upcoming winter season will be similar to last year. Natural gas users can expect to pay around $600 from November to March. This amount covers both space heating and other uses like cooking.
Regional variations exist:
- West and South: Slightly lower bills
- Midwest: 11% increase
For households using electricity, winter costs are estimated at $1,050, a small 2% rise from the previous year. This total includes space heating and other electrical needs.
Factors affecting electrical costs:
- Midwest: Colder weather
- Northeast: Higher rates
The EIA bases these projections on early weather forecasts. While not set in stone, these estimates give homeowners a general idea of what to expect for their heating budgets this winter.
