The rising energy costs are related to the conflict in Ukraine and a hotter summer that required utility companies to utilize natural gas supplies.
A new national study predicts the average heating bill this winter will increase by 17% -- the average cost per home about $1,200. Stacey Sager has the story.predicts the average heating bill this winter will increase by 17% -- and the average cost per home will increase about $1,200.
Natural gas is up the most by more than 34%, propane more than 15%, home heating oil by 12.8% and electricity by nearly 7%. The Russian invasion in Ukraine is the main reason for the increase as it disrupts the global supply.
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