Heating Oil Bills Set to Rise $1,000 in New England This Winter
NEADA now projects heating oil costs up 50% this winter, adding about $1,000 for New England homes, as electric bills climb and gas forecasts split.
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What it costs to run a home: electricity and heating rates, homeowners insurance premiums, energy rebates, and repair and remodeling costs.
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NEADA now projects heating oil costs up 50% this winter, adding about $1,000 for New England homes, as electric bills climb and gas forecasts split.
EIA forecasts that oil-heated homes will spend 21% more this winter, about $2,115. Electric heating bills rise 4% while gas spending falls 9%.
Gas-heated US homes face bills down ~10-14% this winter while electric-heat costs rise, federal energy tax credits have expired, and remodeling costs outpace