It's going to cost a lot more to heat your house this winter

October 24, 2022

David Joles, Star Tribune

Center for Energy & Environment (CEE) HVAC consultant Taylor Smith sets a programable thermostat, explaining how the device works to Erin Bailey, who runs Kitchen Space out of a south Minneapolis bungalow.

Get ready for the singe. Home heating costs are expected to soar 18% this winter to an average of $1,208 as higher oil and gas prices, the war in Ukraine and big storms pummel global energy markets.

The increase could be even higher for the Midwest, according to estimates by the Energy Information Administration (EIA).

The biggest price surge in more than a decade is yet another blow to Minnesotans already dealing with 40-year-high inflation rates for food, rent, insurance and gasoline.

https://www.startribune.com/its-going-to-cost-a-lot-more-to-heat-your-house-this-winter/600218108/