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Marketplace

The weather outside is frightful (so's the heating bill)

Marketplace

American Public Media

News, Business

4.68K Ratings

🗓️ 25 December 2025

⏱️ 27 minutes

🧾️ Download transcript

Summary

The average cost of heating is expected to jump more than 9% this winter, according to projections from the National Energy Assistance Directors Association. In this episode, why energy bills are up — for home heating and home cooling. Plus: Productivity measurements don’t match up to our service-based economy, Americans invest in U.K. soccer teams, and a growing sector provides training and staffing to AI startups. 


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Transcript

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0:00.0

It's going to cost you more to stay warm on Christmas this year.

0:06.1

Plus, we've got a stocking full of widgets, toys, and games, all coming up.

0:12.3

From American Public Media, this is Marketplace. In Washington, D.C., I'm Kimberly Adams in for Kai Rizdahl.

0:28.9

It's Thursday, the 25th of December.

0:31.6

Thanks for joining us on this Christmas day.

0:34.3

It's a holiday associated with cooler, if not downright, cold weather in much of the country.

0:41.3

And as the temperatures drop, more people are cranking up the heat. But a lot of folks may be pausing at the thermostat thinking about what that energy bill is going to look like.

0:52.3

This winter, the average cost of heating is expected to

0:55.0

jump more than 9 percent. That's according to projections from the National Energy Assistance

0:59.8

Directors Association. And federal support for states to help low-income people with utility

1:05.7

bills was delayed about a month this year because of the government shutdown. Marketplaces Carla Javier

1:11.6

looked into the causes and consequences of these higher heating prices.

1:16.8

Even before winter sets in, families have already been struggling with utility costs, says Mark

1:22.4

Wolf of the National Energy Assistance Directors Association.

1:26.6

We estimated about one out of six families are behind in the utilities bills right now.

1:31.1

They owe about $23 billion to their utilities.

1:34.1

He says that's because customers are catching up from high costs over the summer.

1:38.2

The cost of cooling your house was the highest it had been in more than a decade.

1:42.8

In the past, the home heating season was the big expense.

1:47.0

Now we have both an expensive home heating season and an expensive home cooling season.

1:52.2

Really squeezing customers.

1:54.6

Wolf says there are a lot of reasons why heating keeps getting more expensive.

...

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