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Winter heating costs 2026-27: what you'll pay, by fuel

As of October 21, 2026. Forecast from the U.S. Energy Information Administration (EIA), October 2026.

Short answer

A home that heats with natural gas should spend about $640 on gas this winter (November to March), 9% less than last winter. A home that heats with heating oil should spend about $2,115, 21% more. That is the federal government's forecast (EIA, October 2026).

Can't pay? The federal LIHEAP program helps with heating bills. See where to get help.

This winter by fuel (U.S. average per home)

Show the math
  • Natural gas: $640 − $702 = -$62; -$62 ÷ $702 = -8.8% (EIA: -8.8%)
  • Propane: $1,246 − $1,287 = -$41; -$41 ÷ $1,287 = -3.2% (EIA: -3.2%)
  • Heating oil: $2,115 − $1,745 = +$370; +$370 ÷ $1,745 = +21.2% (EIA: +21.2%)
  • Electricity: $1,196 − $1,150 = +$46; +$46 ÷ $1,150 = +4.0% (EIA: +4.0%)
  • Heating oil price: $5.26 a gallon this winter vs $3.94 last winter = +34%. Colder or warmer weather changes how many gallons you burn, so the bill rises less than the price (EIA expects a milder Northeast).

Formula: change = this winter's forecast − last winter. Percent = change ÷ last winter. Dollars are rounded to whole dollars, so our percent can differ from EIA's by 0.1 point; EIA's figure is the official one. Winter means November 1 through March 31. Source: EIA STEO Table WF01.

By region

Forecast spending per home for the whole winter, by the fuel the home mainly heats with. EIA publishes heating oil only as a U.S. average, and propane for the Northeast, Midwest and South.

FuelRegionLast winterThis winterChange%
Natural gasNortheast$1,023$879-$144-14.0%
Natural gasMidwest$680$613-$67-9.9%
Natural gasSouth$599$511-$88-14.7%
Natural gasWest$551$590+$39+7.0%
Natural gasU.S.$702$640-$62-8.8%
PropaneNortheast$1,979$1,687-$292-14.7%
PropaneMidwest$1,365$1,305-$60-4.3%
PropaneSouth$1,168$1,164-$4-0.4%
PropaneU.S.$1,287$1,246-$41-3.2%
Heating oilU.S.$1,745$2,115+$370+21.2%
ElectricityNortheast$1,685$1,637-$48-2.8%
ElectricityMidwest$1,339$1,380+$41+3.0%
ElectricitySouth$1,044$1,079+$35+3.4%
ElectricityWest$1,052$1,151+$99+9.4%
ElectricityU.S.$1,150$1,196+$46+4.0%

Source: EIA STEO October 2026, Table WF01, base case. EIA also publishes warmer and colder cases in the same table.

Why heating oil costs more

Sources: EIA Today in Energy, Oct. 7, 2026; EIA press release, Oct. 6, 2026.

Northeast Home Heating Oil Reserve

On October 21, 2026, the U.S. Department of Energy offered an exchange (a loan) of up to 315,000 barrels of heating oil from the Northeast Home Heating Oil Reserve, from sites in South Portland, Maine; Boston; and New Haven, Connecticut. Fuel retailers and terminal holders can bid; bids are due October 27, 2026. Deliveries are scheduled to be done by November 13, 2026. Companies must return the same amount plus a premium. Households do not apply for this oil.

Source: energy.gov, Oct. 21, 2026.

Where to get help paying

Sources

Facts from official sources, not advice. EIA figures are forecasts for an average home; your bill depends on your home, weather and local prices. No company pays to be on this page.

FAQ

How much will it cost to heat my home this winter?

EIA forecasts average household spending from November 2026 through March 2027 of about $640 for natural gas (-9%), $1,246 for propane (-3%), $2,115 for heating oil (+21%) and $1,196 for electricity (+4%), compared with last winter.

Why is heating oil so expensive this winter?

EIA expects heating oil to average $5.26 a gallon, 34% more than last winter, because global distillate production fell and U.S. stocks are low. Milder Northeast weather partly offsets the price rise, so EIA expects spending to rise about 21%.

Where can I get help paying my heating bill?

The federal LIHEAP program helps with heating bills. Call the National Energy Assistance Referral line at 1-866-674-6327 to find where to apply. In Tennessee, LIHEAP is run by the Tennessee Housing Development Agency (THDA).

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.