With winter well underway and inflationary pressures still high, you might be wondering: which is a cheaper way to heat your home — a wood burning stove or central heating?
The U.S. Energy Information Administration (EIA) forecasts higher heating costs for many households this winter, particularly for those using natural gas, which heats approximately 60% of U.S. homes. Despite the expected increase, EIA Administrator Joe DeCarolis reassured that “natural gas prices will remain well below the peaks seen in 2021 and 2022.”
