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Policy: Environment & Energy

Higher heating bills slow New England economy

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News,Business,Energy and Environment

BOSTON (AP) — The harsh New England winter is dragging down the regional economy as consumers spend more on heating their homes rather than on electronics, clothes or a dinner out.

The National Energy Assistance Directors' Association says the average winter heating bill in New England is expected to climb nearly $300, to about $1,700, up from $1,400 last winter.

Several major retailers have already blamed the harsh winter for contributing to disappointing sales and earnings.

The Boston Globe (http://b.globe.com/1gutkDo ) reports that in the Northeast, natural gas users — more than half of the region's households — are projected to pay an average of $1,100 this winter. Heating oil and propane customers will pay more than double that.

The impact is falling most heavily on the poor and elderly living on fixed incomes.

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Information from:

The Boston Globe, http://www.bostonglobe.com

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