
The U.S. Energy Information Administration (EIA) released its Winter Fuels Outlook, and it’s good news for homeowners who heat with natural gas. According to the EIA, those homeowners will see a 9 percent dip in their fuel bills this winter, while homeowners who heat with electricity will see a 4 percent increase in costs, and those who burn oil will see a 21 percent increase.
U.S. homes primarily use natural gas (53 percent), electricity (32 percent), Propane (6 percent), and fuel oil/kerosene (5 percent) for heating. A smaller percentage of homes use wood or have no heating or other heat sources (2 percent and four percent, respectively).
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