Get Ready to Pay More for Home Heating This Winter
If you live in a part of the country where you use oil to heat your home, you might want to start putting some money away for the winter months….
BELFAST, NORTHERN IRELAND – DECEMBER 08: Ella, an Irish Doodle, a cross between an Irish red setter and a poodle, plays in the snow at Stormont on December 8, 2017 in Belfast, Northern Ireland. The MET Office has issued a weather warning across the UK for heavy snow with northern and western parts bearing the brunt of the cold snap. (Photo by Charles McQuillan/Getty Images)
Charles McQuillan / StringerIf you live in a part of the country where you use oil to heat your home, you might want to start putting some money away for the winter months. The U.S. Energy Information Administration says it will cost 20% more to heat your home this year because of rising crude oil prices. If you use electric or natural gas to heat your home, the news is slightly better with electricity users only slated for a slight increase. Natural gas users will see bills decreasing. How do you heat your home? How do you budget for the year-to-year changes in oil prices?
