As winter approaches, Illinois residents should prepare for higher heating bills compared to last year. The U.S. Energy Information Administration’s (EIA) annual winter energy outlook predicts rising natural gas and electricity costs, particularly in northern states and the Midwest.
Last winter’s record warmth kept energy costs relatively low. However, the EIA forecasts colder temperatures this year, driving up heating expenses. According to MoneyGeek, households in Illinois may see a $10 to $15 monthly increase in natural gas bills, depending on factors like home size and thermostat settings.
To help manage costs, residents can take steps such as sealing drafts, using programmable thermostats, and lowering the thermostat at night. Additionally, eligible households can apply for the Low Income Home Energy Assistance Program (LIHEAP), which helps low-income families cover energy bills. Applications are currently open.