White House announces US$13.5b funding to help households with energy bills

PRESIDENT Joe Biden's administration will make US$13.5 billion available to help low-income US households lower their heating costs this winter, the White House said on Wednesday (Nov 2).

As part of the initiative, the US Department of Health and Human Services is providing US$4.5 billion in low-Income Home Energy Assistance Program (LIHEAP) funding, it said in a statement.

US consumers can expect to pay up to 28 per cent more to heat their homes this winter than last year due to surging fuel costs and colder weather, the US Energy Information Administration (EIA) projected in its winter fuels outlook in October.

https://www.businesstimes.com.sg/energy-commodities/white-house-announces-us135b-funding-to-help-households-with-energy-bills