Heating costs set to rise 7 percent this winter, report says

Heating bills are expected to surge by about 7.1 percent this winter compared to last year, meaning households will shell out an average of $1,002 for home heating, an increase of $66 from 2025. This projection comes from the National Energy Assistance Directors Association, which highlights the impact of escalating oil prices, likely driven by geopolitical tensions. This rise is significant as it could strain the budgets of many American families, especially those already facing economic pressures.