Heating Oil Will Cost 28% More this Winter

If you haven’t locked your oil price - do it now.ÂÂ

And if that’s not all bad enough… it will cost about 10% more to heat your home this winter. The National Energy Assistance Directors Association (NEADA) said yesterday it expects the average U.S. household will spend $992 on heating their home this winter, up $94 from a year before.

Those using heating oil will get it far worse… the NEADA forecast a 28% rise in such costs. If you’re still using oil to heat su casa, expect to pay around $1,834 this winter, says the NEADA. That’s twice as much as the same forecast in 2004.

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