Home Heating Costs Could Rise 50 Percent this Winter

Home Heating Costs Could Rise 50 Percent this Winter

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  (The Center Square) – Americans should expect to pay significantly more to heat their homes this winter, U.S. Energy Secretary Jennifer Granholm says.
  

"When asked in an interview on CNN if energy costs would go up, she said, “Yes, this is going to happen. It will be more expensive this year than last year...”
Heating prices could increase 50% this winter, the Energy Information Agency warns. 
...Likewise, the 5% of households that heat primarily with propane “will spend 54% more – 94% more in a colder winter and 29% more in a warmer winter,” and the 4% of households that heat primarily with heating oil “will spend 43% more – 59% more in a colder winter and 30% more in a warmer winter.”...Read all.