“The Energy Information Administration (EIA) is warning homeowners that heating bills for houses could be significantly higher this winter–perhaps by as much as 50%.” FORTUNE, October 14, 2021.
The grim forecast for Winter ’21/’22 is first based on expected jumps in fuel costs:
Accuweather’s forecast for a colder than normal winter in the Northeast could make things far worse.
Considering a worst-case scenerio (10% colder than last winter), the EIA projects actual costs could be increased as much as:
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