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.
Home heating is one of the largest and least predictable expenses in a household budget. What a family pays to stay warm depends on the fuel it uses, whether natural gas, electricity, heating oil, propane, or wood. Regional weather, local utility regulation, and swings in global energy markets also shape the bill. This hub tracks the forces behind those costs and what they mean for consumers.
Heating costs are moving in different directions depending on fuel and location. Utilities across the country have been asking regulators for rate increases at an unusually high pace, often citing infrastructure spending and rising demand. Households that rely on heating oil, which is common in parts of the Northeast, face forecasts of noticeably higher winter bills. At the same time, rebates and assistance that once softened the blow are becoming less generous. The picture is uneven: natural gas customers may see some relief even as electricity prices climb. That complicates decisions about heat pumps, furnace replacements, and other home upgrades.
Whether you're budgeting for winter or weighing a new heating system, this page collects the latest reporting to help you understand where costs are headed and why.
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