Gov't Projects Lower Winter Heating Costs

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A new government report shows Americans can expect to pay $105 less to heat their homes this winter. 

The Energy Information Administration said Tuesday that a combination of an expected milder winter along with lower average fuel costs will drive down heating costs this winter.

According to the report, natural gas heating costs will be down 10 to 20 percent - and in some cases more than 30 percent this winter.
     
Also, for those people who heat their homes with propane a double digit drop is expected, with consumers expected to save an average of $280.
    
However, people who use heating oil might see a slight increase, although prices are half of what they were in the summer of 2008.

Still, despite the positive outlook, a tough economy and high unemployment might make it harder for people to pay their heating bill this winter.

The report covers the winter period from October through March.

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