Energy Dept: Heating Costs to Rise This Winter

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Households across the U.S. can expect to pay higher heating costs this winter, according to the Energy Department.

The spike reflects an increase in the cost of heating oil, natural gas and propane.

Those using oil to heat their homes will see the biggest increase. Prices are expected to be nearly 10 percent higher than last year.
However, consumers using electric heat could see a decrease in their payments.

The Energy Department bases its estimates on predictions that this winter will be 2 percent warmer than last.

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