Americans will dish out more money to heat their homes this winter as electricity and natural gas costs continue to soar.

That's according to a new study from the National Energy Assistance Directors Association (NEADA) which predicts that Americans will see their energy bill rise 7.6% to $976 on average this cold weather season. Those who rely on natural gas to heat their home could see an 8.4% jump in their bill, while those who use electricity could see a 10.2% increase.

While electricity prices vary by state, overall the cost is rising. In August, prices increased by 6.2% compared with the same month last year, according to the latest inflation data from the Bureau of Labor Statistics.

Those costs will continue to escalate as much as 18% in the next few years, according to

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