Home heating costs are rising a lot in New York
National Grid customers will need to dig a little deeper to pay for the five-month heating season, which starts in November. New York City customers will see a 28% increase on their bill (about $306 more compared to last year) and Long Islanders can expect to see a 29% hike, according to National Grid. That means on average your bill can be about $1,300. The price increases are due to the higher wholesale gas prices. The war between Russia and Ukraine has resulted in economic sanctions on the world’s second-largest natural gas producer. Analysts say home heating oil is also higher and the cost of delivering it to the home is going up as well.
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