Heating Your Home Will Cost You An Insane Amount This Year
Heating your home this year is about to cost you a lot more than you even thought it would due to inflation and price surges. Tell Me Best has been tracking this story for months, first reporting it earlier in the year and pointing the cause of the rising costs at a winter fuel shortage. With a shortage of diesel fuel combined with inflation, costs are out of control this year.
According to CNN, a once-in-a-generation storm is sweeping across the country, and a large number of folks are cranking up the heat in attempts to warm up. The average price to heat a home has risen 17.2 % from last winter. That puts the average cost of heating your home at $1,208 a month.
Residents in the majority of the U.S. this week, especially in the Midwest, South, and Northeast, will experience a colossal winter storm, with experts warning folks that tornadoes are on the way. Heating your home then becomes secondary on the list of things to be concerned about this winter.
This storm will put 8 million people at risk as tornadoes leaving behind feet of snow will blanket the majority of the country. Most of those folks live on the outskirts of town and in rural areas. Heating those places is not only challenging, but it is also hard to reach them. Heating your home when you live out in the middle of nowhere with a tornado barreling down is perhaps the biggest challenge of them all.
This bomb cyclone is projected to hit at least 17 states, and meteorologists have termed this event a high-end, life threatening event. Heating your home? More like saving your life. If there is a choice to stay warm and hunker down, even if it does cost me 30% more this year, I’ll do it. So, stock up on canned goods and food to feed your pets and regulate your gas or electric usage.
Inflation, which began almost a year ago, is affecting how much it costs when heating your home. Overall, the cost of everything is up, and natural gas and electricity are not immune. This occurred as the COVID-19 pandemic started tapering off and people got back into the world. Increased demand and less supply equal the basis for inflation.
Another reason it will cost more when heating your home is climate change. The climate has been altered, and more and more deadly storms are affecting how and when we drill for fuel. One such storm is the polar vortex that is now hitting the majority of the states in U.S.
Reportedly the lower 48 states will be affected, and with them, 50 million people. This will affect heating your home, as well as holiday travel. Again, with reports of incredible storms and severe cold, the best bet is to stock up, stay put, and get super snuggly. You can celebrate the winter holidays in the summer.