National Oceanic and Atmospheric Administration

High Temps and Low Fuel Prices Equal Cheaper Winter Heating Bill

You’d never know it was December if it wasn’t for the holiday decorations. Temperatures in the Carolina’s are hovering above 70 degrees.

This  trend may continue across the Carolina’s with temperatures expected to track above-normal for December, January and February, according to the National Oceanic and Atmospheric Administration (NOAA) in part due to this year’s El Nino, which is expected to be one of the strongest on record.

Rising temperatures, combined with falling oil and gas prices, point to lower home heating bills this winter season. The U.S. Energy Information Administration’s (EIA) short-term energy outlook is forecasting lower costs for most energy sources. So consumers are likely to catch a break based on early estimates from EIA and will save anywhere from 13% to 33% for 2016 compared to2015 usage.

But just a note, it is still early in this heating season and these predictions could be wrong, we all know how those weather experts tend to get things wrong.