Home Insurance Nonrenewals Jump Up to 216% as Premiums Climb
NAIC data show home insurer nonrenewals rose 96%-216% since 2018 and premiums jumped, as power, heating oil and repair costs also squeeze owners.
Electricity rates determine what households pay for every kilowatt-hour that powers lights, appliances, and air conditioning, and increasingly heating systems and vehicles. Several forces shape those rates: wholesale energy prices, the cost of maintaining and expanding power lines and substations, fuel markets, weather, and decisions by state regulators who approve or reject utilities' requests to change what customers pay.
Household energy costs are under pressure from several directions at once. Utilities have been asking regulators for rate increases at an unusually brisk pace. They cite grid upgrades, storm hardening, and rising demand for power.
Winter heating bills are also diverging by fuel. Some households that rely on natural gas may see relief, while those heating with electricity or heating oil face higher costs. Shrinking assistance programs can leave families with less of a cushion.
For many families, these shifts show up directly in monthly budgets. They also shape broader debates about affordability, electrification, and who should pay for the grid of the future.
This hub tracks developments that affect what households pay for power and home heating, including:
Whether you're budgeting for the season or following energy policy, the coverage here explains what's driving the numbers on your bill.
NAIC data show home insurer nonrenewals rose 96%-216% since 2018 and premiums jumped, as power, heating oil and repair costs also squeeze owners.
Investor-owned utilities requested a record $4.5B in electric and gas rate hikes in Q3 2026, pushing 2026 requests to $23.1B as winter heating costs rise.
EIA projects heating oil bills up 21% to $2,115 this winter and electric heating up 4%, while natural gas and propane households should pay less.
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