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Energy prices expected to spike
this winter
LIBERTY, NY — It’s going
to be costly to heat this winter.
According to a statement from Agway
Energy Products in Liberty, consumers will likely
see higher heating bills this winter, up as much as
45 percent for heating oil, 19 percent for natural
gas and 22 percent for propane.
Agway said its warning was based on
a forecast released recently by the Energy Information
Administration (EIA) of the U.S. Department of Energy.
Last year’s mild winter, which
was up to 20 percent warmer than normal, significantly
reduced the demand on energy supplies. This winter’s
projected colder weather will cause demand to increase
and prices are expected to rise accordingly.
“One of the best ways to combat higher
energy costs is to make sure you are being as efficient
as possible in your energy use,” said Scott Sicular,
market manager for Agway.
To that end, Agway is offering a free
brochure of energy savings tips. To request a brochure,
visit the Agway Energy Products website at www.agwayenergy.com.
Annual tune-ups, which will increase
the heating system’s efficiency, are also recommended.
Sicular noted that having a budget payment plan, where
consumers can lock in the same monthly payment amount
throughout the year, is another way to help spread
the high cost of heating this winter.
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