Good news for Memphis TN property owners this winter heating season! It is predicted that on account of lower fuel prices, and warmer weather, that the expenses to heat ones property will probably be lower than it was the previous two years. This is the current information from the U.S. Energy Information Administration’s recent Short-Term Energy Outlook.
Nearly all parts of the U.S. should have warmer weather conditions, any where from 8 to 13 % warmer states NOAA. The sole region which is predicted to experience a chillier winter season compared with a year ago is the West. It will likely be approximately 12 percent cooler, however the weather last year was warmer than normal, therefore it is actually nothing to be alarmed over.
The next four fuel varieties are discussed in the order of the most used to the least used in the U.S. by house owners.
This is the main heating fuel for more than one half of U.S. homeowners. Together with a predicted decrease in natural gas usage of 6% and a decrease of 4% in fuel prices, house owners may anticipate a savings around 10 percent, or $64 on average over last year’s costs.
Houses heated with electricity will discover the smallest savings, since houses use electricity currently for a great number of other appliances and gadgets. It’s going to be just around 3 %, or $30.
With just about 5 % of property owners using heating oil, although it’s 22 percent of property owners in the Northest, they might notice about $460, or 25 percent savings.
Only close to 4 % of houses are heated with propane, the majority of in the Midwest and Northeast where the winter weather temperatures are definitely cold. Midwest homeowners are forecasted to spend $320, or 21 % less, and the Northeast $342, or 15 % less.
Remember, don’t think twice to get hold of us at Heating Repair Memphis TN with any questions or concerns you may have about your heating and cooling system, or plan a furnace or heating system maintenance check in advance of the cold temperatures rolling in.