Sure, it's July but experts in Boston are already predicting that home heating oil could cost as much as $4.50 per gallon, possibly leading to deaths of the elderly and people on fixed incomes in the upcoming winter months.The Senate's Post Audit and Oversight Committee released a report on July 1 warning that the spike in home heating oil prices could have a profound impact on low-income New Englanders. “People could literally freeze to death,” says Sen. Marc Pacheco (D-Taunton), chairman of the Senate committee. “It's a looming crisis.”
Energy experts have been stunned by the rise of heating oil prices this spring, when the cost of the fuel usually drops due to lower seasonal demand. The problem: crude oil prices have continued to set record after record on the wholesale world markets.
“I’ve never seen in 30 years anything like this,”remarks Joe Kennedy, president of Citizens Energy, a fuel-assistance nonprofit program in reports.
Consumer United's solution? We've partnered with Mass Energy where our members can save $150-$300 per year.
Last heating season, Mass Energy members saved an average of 24 cents per gallon compared to the state average--with the biggest per gallon savings occurring in the coldest months when most of the oil was consumed. This amounted to about $175 in savings per household.
Click here to learn more about Consumer United's heating oil solution.
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