More homeowners are protecting themselves against potential financial ruin from a heating oil spill, according to the Massachusetts Department of Environmental Protection. The DEP’s annual report to a legislative committee shows the number of homeowners who purchased insurance coverage rose by 14% in 2019. That was a stark contrast to the previous seven years, when the figures had steadily declined….
Home heating costs are expected to grow this winter because of projections of colder weather and people continuing to shelter at home due to the pandemic. But many could get a break in New England, which is heavily dependent on heating oil. The U.S. Energy Information Administration projects a 10% decline in spending for home heating oil this winter while…