• Home
  • Headlines
  • Sports
  • Weather
  • Business
  • Government
  • Health
  • Technology
  • Leisure
Menu
  • Home
  • Headlines
  • Sports
  • Weather
  • Business
  • Government
  • Health
  • Technology
  • Leisure
Home Business

White House Highlights Effort to Cover Winter Heating Bills | Business News

January 7, 2022
in Business
0
White House Highlights Effort to Cover Winter Heating Bills | Business News

By ASHRAF KHALIL, Associated Press

WASHINGTON (AP) — The Biden administration is distributing an additional $4.5 billion in funds to help low-income Americans cover heating costs during a second pandemic winter, with cold-weather states receiving the largest share, according to a state-by-state breakdown released Friday.

The funding boost — part of last year’s $1.9 trillion American Rescue Plan coronavirus relief package — more than doubled the normal funding level of the Low Income Home Energy Assistance Program, or LIHEAP. These funds represent the largest appropriation in a single year since the program was established in 1981.

The Associated Press obtained an advance copy of the state allocation breakdown, which shows a clear prioritization of cold-weather states with higher heating costs. For example, Minnesota received nearly $274 million in home energy assistance for needy residents. Meanwhile, Texas, which has a population five times larger, received just $10 million more. New York state, with a population of less than 20 million people compared with Texas’ 29 million, received just under $876 million.

President Joe Biden’s administration also announced commitments from seven major utility companies across the country to guarantee no shutoffs for customers seeking assistance and to identify and notify recipients eligible for government aid.

Political Cartoons

The fresh commitments, announced Friday morning, come from Atlantic City Electric, Baltimore Gas and Electric, ComEd, Delmarva Power, Pacific Gas & Electric, PECO and Pepco. They join seven other major utility companies that made similar pledges late last year.

Electricity and natural gas prices are roughly 11% higher than a year ago, according to the Labor Department’s consumer price index. Residential heating oil prices are up about 40% from a year ago, according to the Energy Information Administration. The extent of the increase has moderated in recent months as wholesale heating oil prices are roughly where they were at the start of October.

The aid is meant to help cushion the shock of higher winter energy costs. But Republican lawmakers have said the overall relief package, which was signed into law by the Democratic president in March, has caused higher levels of inflation by pumping too much money into the economy.

Associated Press writer Josh Boak contributed to this report.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source link

Tags: Associated PressbusinessBusiness NewsCollections: BusinessCollections: PoliticalCollections: Top Newscoronaviruseconomyhealthinfectious diseaseslung diseasepricesutilitiesweather
Previous Post

a golden ale made in North Texas

Next Post

Texas murder suspects skip town, victim's family says they shouldn’t 'have been let out on bail' at all

Toptexasnews

Toptexasnews

Next Post
Texas murder suspects skip town, victim’s family says they shouldn’t ‘have been let out on bail’ at all

Texas murder suspects skip town, victim's family says they shouldn’t 'have been let out on bail' at all

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 111 Follower
  • 165k Subscriber
  • 23.5k Follower
  • 99 Subscriber
  • Trending
  • Comments
  • Latest
Texas jails try tablet tech for visits and inmate rehab

Texas jails try tablet tech for visits and inmate rehab

January 8, 2022
Houston Newsmakers: Texas law violates constitution?

Houston Newsmakers: Texas law violates constitution?

January 7, 2022
Texas GOP’s attempt to confuse COVID testing with voter rights fails miserably

Texas GOP’s attempt to confuse COVID testing with voter rights fails miserably

March 26, 2022
Covid Treatments Including Paxlovid Are Rationed as Cases Spike

Covid Treatments Including Paxlovid Are Rationed as Cases Spike

January 6, 2022
Hillsborough County Schools stress student safety

Hillsborough County Schools stress student safety

Matthew McConaughey Is the Best Celebrity for These Times – Texas Monthly

Matthew McConaughey Is the Best Celebrity for These Times – Texas Monthly

Texas weather forecast: West Texas snow, heavy rain in Houston

Texas weather forecast: West Texas snow, heavy rain in Houston

No, Austin Won’t Become Silicon Valley 2.0 – Texas Monthly

No, Austin Won’t Become Silicon Valley 2.0 – Texas Monthly

Hillsborough County Schools stress student safety

Hillsborough County Schools stress student safety

May 25, 2022
”Horrifying” conspiracy theories swirl around Texas shooting

”Horrifying” conspiracy theories swirl around Texas shooting

May 25, 2022
Debunking 3 Viral Rumors About the Texas Shooting

Debunking 3 Viral Rumors About the Texas Shooting

May 25, 2022
Schools in Massachusetts increase security after Texas shooting

Schools in Massachusetts increase security after Texas shooting

May 25, 2022

Recent News

Hillsborough County Schools stress student safety

Hillsborough County Schools stress student safety

May 25, 2022
”Horrifying” conspiracy theories swirl around Texas shooting

”Horrifying” conspiracy theories swirl around Texas shooting

May 25, 2022
Debunking 3 Viral Rumors About the Texas Shooting

Debunking 3 Viral Rumors About the Texas Shooting

May 25, 2022
Schools in Massachusetts increase security after Texas shooting

Schools in Massachusetts increase security after Texas shooting

May 25, 2022

© 2022 Top Texas News - All Right reserved