The coming winter in the United States will come with an increase in heating bills, according to the National Association of Energy Assistance Directors.

With the reduction of federal aid for energy assistance programs, the situation is getting worse. American households will face “an average increase of 10.5 % in heating expenses, especially for those that use electricity.”

The reasons for this increase in heating are multiple. On the one hand, the forecast of colder temperatures for the Northeast and the Midwest, added to the “increased costs of maintenance and modernization of the electric grid, especially in the West affected by wildfires, are key factors.”

On the other hand, although the cost of gas has stabilized, the forecast is for an increase in winter as a result of the increase in the country’s exports.

In any case, “heating oil users could find some relief after an expensive year, thanks to a weaker oil market.”

The current situation of American families is difficult, as they have accumulated significant debts and problems paying public services, which would be aggravated by the reduction of federal aid for energy assistance programs.

Faced with the risks, the National Association of Energy Assistance Directors requested from legislators “an increase in funding for energy assistance programs” that would help low-income families cope with the high costs of heating during the winter.

M.Pino

Source: 2001online

(Reference image source: Getty Images for Unsplash+)

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The president of the National Federation of Commerce, José Alejandro Lossada, estimates a 20 % recovery in sales in the sector during the second half of 2023.

Lossada explained that in the first quarter there was a 15 % drop in sales, although positive figures have been recorded in recent months.

“In the first quarter there was a drop in sales from 15 % to 20 % (…) this second quarter we have data for a drop of 5 %. However, for the second half of the year we have a 20 % recovery perspective in terms of sales,” he said.

The representative of the commercial sector estimates that the recovery of wages in the private sector could boost sales for the second half of the year.

According to the president of the federation, this increase is due to a recovery in the salaries of some private companies in the country, where he estimates that the minimum wage has risen to approximately 200 dollars.

Lossada recognized the great challenges that merchants must face due to the high costs of public services in the country, especially in Caracas, where the water service went from $20 to $80 on average during 2023.

Taken from DobleLlave

(Reference image source: Nathália Rosa, Unsplash)

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