World·Energy & economy
Winter heating bills to rise 7.1% on average, with Northeast heating-oil users facing a 70% jump tied to the Iran war
American households are projected to spend an average of $1,002 on home heating this winter, up 7.1% from last year, while households in New York and nearby states that use heating oil face costs of $2,977, a 70.2% jump, according to a National Energy Assistance Directors Association forecast reported by the New York Post. "Heating oil costs are a direct consequence of the Iran war," supply-chain consultant Joe Adamski told the Post. NEADA said about one in six households are already behind on utility bills, owing about $23 billion.
Sources
- New York PostHeating costs to jump this winter due to Iran war: 'Devastating'