(NEXSTAR) – The Energy Information Administration predicted in its annual report that “most U.S. households should plan to “spend about the same or less on energy than they did last winter.” But there are some exceptions, the report admits.
The first big anticipated change is the weather. Last year’s winter was the warmest on record, which helped keep energy costs low. Long-range forecasts indicate the winter of 2024-2025 is expected to be colder, especially in northern states and the Midwest, which would hike up gas and electricity bills.
Unfortunately for some Missourians, a state-by-state analysis of the federal report by MoneyGeek predicts Missouri will see the second-largest increase in natural gas bills at $13.13. Only Michigan is predicted to see a larger increase at $13.34. The report also projects Ohio, Illinois and Kansas to see the largest increase in natural gas bills.
The full article is available at ozarksfirst.com.
(Story by Alix Martichoux, Drew Tasset, NEXSTAR, ozarksfirst.com)
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