Costs are expected to reach above $1,200 in 2022-2023, up from $1,025 in 2021-2022, a 10-year high, NEADA data reports. The electric power sector uses natural gas to produce electricity. Last year, the industry accounted for 37% of total natural gas consumption in the U.S., according to the U.S. Energy Information Administration. Home energy prices have gone up more than 35% between 2020-2021 and 2021-2023, according to the report. Heating bills to reach 10-year high this upcoming winter: NEADA report originally appeared on abcnews.go.com
Source: ABC News September 22, 2022 18:39 UTC