Winter heating bills near $1,000 push a fifth of Americans toward financial strain
TL;DR Summary
NEADA projects the average winter heating cost nationwide near $995, with electric-heated homes topping $1,000. A massive upcoming winter storm could drive bills higher for over 200 million people, while about 16% of households were behind on utility payments last year (roughly $23 billion). Arrears could reach around $28 billion in 2026 as energy costs and inflation press household finances. Utilities are offering relief programs, but many families may still struggle to heat their homes this winter.
Topics:business#energy-prices#heating-costs#household-budget#personal-finance#utilities#winter-storm
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