It’s getting cold out there, and more and more heating systems are likely to kick into gear this week as temperatures dip into the 30s. While this cold weather might be expected as we get into the last weeks of October, a new study by the U.S. Energy Information Administration finds that an increase in heating costs might take some by surprise.
While there will be modest increases in gas (3%) and electricity (5%) heating costs, the biggest jump will be felt by those heating their homes with oil. According to the cost forecast, the average oil heating costs will increase by almost 20% this winter. This means the average homeowner who heats with oil will fork out $1,646 this winter to heat their home.
Luckily, Action Inc. is here to help! Our fuel assistance program provides help with home heating costs for qualifying households. As many as 1 in 3 families living in Cape Ann may be eligible, and you can qualify even if you own your own home, or have heat included in rent. Help isn’t just for homes with oil heating either – gas, electricity, kerosene, propane, wood are all included in the program. Action Inc. also offers no-cost energy efficiency programs to lower your bills and keep your home safe and warm.