News : Combating Rising Fuel Prices and Staying Environmentally Conscious

Oct 28, 2014

Published on Seacoast Online and Patch.com

By Craig Robert Brown

NORTH HAMPTON – Last year, with some of the most frigid winter months on record, homeowners felt left in the cold by high home heating costs. But this winter the U.S. Energy Department predicts lower home heating costs for customers. This prediction comes as crude oil prices dropped to an average of $3.41 a gallon in September, 29 cents below the month of June’s average. That number is estimated to continue to drop to an average of $3.14 a gallon in December, according to the U.S. Energy Information Administration’s (EIA) short-term energy and winter fuels outlook for the 2014 and 2015 winter season.

And while those numbers have some New Englanders breathing a sigh of relief, it also has many homeowners thinking about the winter to come and wondering if the moderate temperatures seen through the fall will continue. A drastic drop in temperature like last year could send oil prices skyrocketing once again.

Home heating is not an easy market to gamble with. Fuel options – propane, Bioheat, oil – see fluctuating costs each year. Many people choose to switch their home heating option for a cheaper, more efficient product after the previous year’s expenses. So what are homeowners in the Northeast to do come this winter season? How can they ensure the lowest expenditure for their home heat, even if the downturn ends and fuel rates climb once again?

Three seacoast companies are making that dilemma a little easier.

Read the full story on Seacoast Online and Patch.com.