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New Yorkers Are In for 24% Heating Bill Increase This Winter

A commuter walks across the Brooklyn Bridge during a winter storm in New York, on Feb. 18.

A commuter walks across the Brooklyn Bridge during a winter storm in New York, on Feb. 18.

Photographer: Mark Kauzlarich/Bloomberg
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New Yorkers are in for a 24% increase in their heating bills this winter as a global natural gas shortage is sending prices for the fuel surging. 

Utility Consolidated Edison Inc. is warning New York customers they’ll pay $341 per month on average to heat their homes from November through March 2022, marking a $66 increase from last winter’s average monthly bill.