Homeowners who heat their residences with electricity could face higher energy bills this winter due to rising costs, while those who use fossil fuels for heat will likely see flat or even lower energy bills, according to the Energy Information Administration (EIA).
The cost to heat homes fueled by natural gas should fall about 2 percent this winter, while costs to heat residences using propane could fall by 9 percent and heating oil by 8 percent, the EIA announced on Oct. 15 in its 2025 Winter Fuels Outlook. Heating costs for electricity, however, are expected to rise by about 4 percent.
The growing demand for electrical power stems largely from hyperscale data centers already in play and additional facilities coming online to power cloud computing and artificial intelligence. Data centers are the main driver of electricity demand in the United States and could account for as much as 14 percent of total power demand by 2023, global consulting firm McKinsey & Company said in its recent 2025 global energy report….