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Fortune
Fortune
Chris Morris

Heating costs will be more than 10% higher this winter

(Credit: Getty Images)

It’s shaping up to be an expensive winter for homeowners.

A new report from the National Energy Assistance Directors Association (NEADA) estimates home heating expenses in the U.S. will increase 10.5% this winter over last year. That will bring the average seasonal bill to $982, up from $889 in 2023.

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