
The U.S. Energy Information Administration projects winter natural gas costs to be around the same rates as last year. That said, electricity bills are continually increasing, rising on average 5.5% year over year due to increased drilling, data centers and weather variances forcing homes to consume more energy.
There's one easy way to slash your bills: Set your thermostat to the best temperature for the appropriate amount of time. To save money on heating, the Department of Energy recommends turning your thermostat from 68°F to 70°F while you're awake and 7-10 degrees lower when you're away from home.