Biomass Power & Thermal
While the calendar might say that the 2012/'13 winter officially starts on Dec. 21, those of us in the northern regions of the country know that winter weather is already here. For many of us, the cold weather not only marks the unofficial start to the holiday season, it also means high home heating bills are on the way.
The U.S. Energy Information Administration released its annual Short-Term Energy and Winter Fuels Outlook in October. According to this year's projections, household expenditures for heating oil will increase 19 percent this year. If that estimate turns out to be accurate, it will mean households that burn heating oil will face expenditures higher than any previous winter on record. However, oilheat is not the only household heating fuel expected to experience significant price hikes this winter. Household expenditures for natural gas are expected to increase 15 percent, with electricity and propane measuring in at relative 5 percent and 13 percent increases...(to read the full article, please click here)