NEADA Projects Home Heating Costs Will Rise 7.1% This Winter, With Heating Oil Costs Up 70%
Despite Recent Price Declines, Continued Instability in the Strait of Hormuz Could Keep Heating Oil Prices High Throughout the Winter Press Release Report
Winter Heating Costs Projected to Jump 8.7 Percent, Deepening the Nation’s Energy Affordability Crisis
U.S. households are projected to spend an average of $1,030 to heat their homes this winter, an increase of $82, or 8.7 percent, over last year, according to a new analysis by the National Energy Assistance Directors Association (NEADA). The projected increase is more than 2.5 times the rate of inflation. Press Release Report
Due to the War, Heating Oil Prices Are Could Soar this Winter
Gasoline costs have already added hundreds of dollars to household budgets. Higher oil prices could make this winter even more expensive, just as federal energy assistance faces a funding crisis. Press Release
NEADA Increases Emergency LIHEAP Funding Request to $3 Billion as Crude Oil Reaches $100 per Barrel
Higher Oil Prices Could Push Average Home Heating Oil Bills to Approximately $1,700 This Winter NEADA today urged Congress to include a $3.0 billion funding anomaly in the FY 2027 CR to help states respond to rapidly rising home heating and electricity. Press Release Letter
Summer Cooling Costs Projected to Hit Record Highs as Household Electric Bills Rise 10.5%. – June Price Update
Average U.S. household expected to spend nearly $800 on electricity this summer up 10.5% since last summer Press Release Report The report finds that summer cooling costs have increased nearly 40 percent since 2020, driven by a combination of rising electricity prices and hotter summers that require households to run air conditioning systems longer …