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(NEXSTAR) – While shoppers fret about the soaring price of beef and other grocery store items, a new forecast warns that home heating costs for some Americans will rise this winter.
On average, it will cost 7.6% more to heat one's home once the temperature drops, according to the National Energy Assistance Directors Association (NEADA), but the increase varies by fuel type.
The steepest projected spike is for electricity (10.2%), pushing the average winter heating cost in 2024-2025 of $1,093 to $1,205 for 2025-2026.
The cost forecast also varies by region, with electricity prices expected to rise 18% in the West, 21.4% in the South and 19.7% in the Midwest. The increase was tamer in other regions, like the Northeast (7.2%)