Forecast: NJ Heating, Electricity Costs Will Drop This Winter

moneyby Tom Johnson / NJ Spotlight

It will be more expensive this winter for people nationwide to heat their homes and keep the lights on — but not in New Jersey.

It will cost up to 13 percent more to heat homes with natural gas and 2 percent more for electricity in coming months, the U.S. Energy Information Administration projected yesterday in its annual short-term winter outlook.

In New Jersey, however, costs will drop, albeit modestly, but still offering welcome relief in a state where business owners and residents often complain about paying some of the highest energy costs in the nation.

Read the full story at NJ Spotlight

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