The cost of heating oil and propane will be 28% higher this winter than last year while electricity and natural gas will be up about 7%. Some electricity companies are also hiking up rates to compensate for the higher costs of fuel.

Basically, everyone will have to spend more money to stay warm this winter. The lucky people are those who live in warm climates where it doesn’t get cold. But they are the ones paying the bigger bills to stay cool in the summer.

People might start going back to wood burning stoves again to be able to afford to stay warm. People who are already living pay check and pay check just can’t afford a bigger portion of their paychecks going to the utility companies.

Maybe the Amish are on to something here. They stay warm with wood burning stoves and at night they use kerosene lamps for light. And they have no electricity bills! Think of all the money we’d save if we didn’t have to pay any heating or light bills! But, we are too dependent on these modern convienances and can’t just drop them. We will have to find the money to pay more for them however.

Now that the heat is on, I am terrified to see what my electric bill is. And it’s not even gotten to the really cold weather yet which will be December, January and February.

This entry was posted on Friday, November 23rd, 2007 at 9:13 am and is filed under Bills. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.