New Higher National Grid Home Heating Rates Go into Effect On Nov. 1

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BOSTON (WBZ NewsRadio) — National Grid customers can expect to see a hike in their home heating bills after the start of November.

The energy providers' new winter electric rates go into effect on Nov. 1 and are expected to be much higher as National Grid deals with multiple impacts like inflation, the war in Ukraine, and higher demand for natural gas.

Under the new rates, a customer who uses an average of 600 kilowatt-hours of electricity will $293 for the winter, as opposed to a $179 bill they would have gotten last winter. This adds up to a 64 percent increase in how much customers will have to pay to heat their homes.

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Natural gas prices have been on the rise over the last year, which spells trouble for people looking to heat their homes. The average price in Massachusetts for a gallon of heating oil is $5.69, whereas at this time last year it was $3.32—a nearly 72 percent increase.

Customers that use Eversource to heat their homes will see their new rates go into effect at the start of 2023.

WBZ's Charlie Bergeron (@CharlieBergeron) reports.

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