Winter Heating Costs Expected to Increase for Older Consumers

Winter heating costs are likely to be higher for older households for the upcoming winter due mainly to lower temperatures. Heating costs will be higher for households heating with fuel oil than for those heating with natural gas or electricity. Winter heating costs are likely to be a greater burden on older low-income households than on similarly aged higher-income households, even though low-income households tend to use less heating fuel than other groups.

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