One in five Americans can't afford their heating bills this winter as people are blindsided by utility costs The huge winter storm could be just the latest strain on Americans' utility expenses
The average winter bill for electric-heated homes will exceed $1,000 across the country, according to projections from the National Energy Assistance Directors Association.
A massive winter storm over the weekend put much of the country into a deep freeze, and the mercury is plummeting at a time when utility bills are skyrocketing.
Over 200 million people in the South, Midwest and Northeast were expected to get pummeled with snow, sleet, freezing rain and arctic temperatures, and new data show that Americans face increasing financial pressure keeping their homes warm this winter.
The winter gas and electric bills in these regions could climb by 10% or more over last year, according to the National Energy Assistance Directors Association. Winter bills for electric-heated homes will exceed $1,000 across the country, according to the organization's projections.
Factoring in all fuel sources and all regions, households will spend an average of $995 on their heating bills this winter, the NEADA said.
The NEADA counts the winter period as stretching from November to mid-March. But for some households, $1,000 isn't a full season's heating cost - it's one billing cycle. ..............
https://www.morningstar.com/news/marketwatch/20260126161/one-in-five-americans-cant-afford-their-heating-bills-this-winter-as-people-are-blindsided-by-utility-costs
