Geopolitics Alpha

Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?

Published . Updated .

Expensive utility bills have become an increasingly sharp thorn for Americans’ wallets.

Directly affected

  • No company is named in this report.

Indirectly affected

  • AQN Algonquin Power & Utilities Corp

    GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: utilities, power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FPS Forgent Power Solutions Inc

    GA selected FPS as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • LECO LINCOLN ELECTRIC HOLDINGS

    GA selected LECO as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • POWI POWER INTEGRATIONS INC COM

    GA selected POWI as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PSIX POWER SOLUTIONS INTL INC

    GA selected PSIX as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • SPRU SPRUCE POWER HOL

    GA selected SPRU as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AQN-0.78%-0.88%—-0.10%+0.39%+0.98%+1.76%
FPS-2.65%+1.55%—-7.34%-9.64%-18.31%-19.14%
LECO+5.29%+0.78%—-0.55%+0.55%-1.27%-0.34%
POWI+10.63%+4.65%—-4.15%-4.95%-8.95%-8.52%
PSIX———————
SPRU———————

Expensive utility bills have become an increasingly sharp thorn for Americans’ wallets.

Source: MarketWatch

The price since 12 Oct 2026: Algonquin Power & Utilities (AQN) versus the S&P 500

Since the first closing price after “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?,” Algonquin Power & Utilities (AQN) is +0.59%. The S&P 500 fund (SPY) is -1.47% over the same days, a +2.05% difference versus the market.

CompanyWhenMoveStatus
Algonquin Power & Utilities (AQN)that day-0.10%final price
Algonquin Power & Utilities (AQN)the next day+0.39%final price
Algonquin Power & Utilities (AQN)two days later+0.98%final price
Algonquin Power & Utilities (AQN)three days later+1.76%final price
Algonquin Power & Utilities (AQN)three days earlier-0.88%final price
Algonquin Power & Utilities (AQN)five days earlier-0.78%final price
Forgent Power Solutions (FPS)that day-7.34%final price
Forgent Power Solutions (FPS)the next day-9.64%final price
Forgent Power Solutions (FPS)two days later-18.31%final price
Forgent Power Solutions (FPS)three days later-19.14%final price
Forgent Power Solutions (FPS)three days earlier+1.55%final price
Forgent Power Solutions (FPS)five days earlier-2.65%final price
GLDthat day-0.63%final price
GLDthe next day-0.76%final price
GLDtwo days later-2.24%final price
GLDthree days later-0.50%final price
GLDthree days earlier-2.27%final price
GLDfive days earlier-1.32%final price
Lincoln Electric Holdings (LECO)that day-0.55%final price
Lincoln Electric Holdings (LECO)the next day+0.55%final price
Lincoln Electric Holdings (LECO)two days later-1.27%final price
Lincoln Electric Holdings (LECO)three days later-0.34%final price
Lincoln Electric Holdings (LECO)three days earlier+0.78%final price
Lincoln Electric Holdings (LECO)five days earlier+5.29%final price
Power Integrations (POWI)that day-4.15%final price
Power Integrations (POWI)the next day-4.95%final price
Power Integrations (POWI)two days later-8.95%final price
Power Integrations (POWI)three days later-8.52%final price
Power Integrations (POWI)three days earlier+4.65%final price
Power Integrations (POWI)five days earlier+10.63%final price
AQN
SPY

Who gains and who loses around Algonquin Power & Utilities (AQN)

Companies tied to this story

  • AQN Algonquin Power & Utilities

    In “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?,” Algonquin Power & Utilities (AQN) is linked, with no stored direction, medium confidence. Reason on file: GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: utilities, power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FPS Forgent Power Solutions

    For “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?,” Forgent Power Solutions (FPS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FPS as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • LECO Lincoln Electric Holdings

    Lincoln Electric Holdings (LECO) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?.” Reason on file: GA selected LECO as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • POWI Power Integrations

    For “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?,” Power Integrations (POWI) is linked, with no stored direction, medium confidence. Reason on file: GA selected POWI as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PSIX Power Solutions International

    In “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?,” Power Solutions International (PSIX) is linked, with no stored direction, medium confidence. Reason on file: GA selected PSIX as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • SPRU Spruce Power Holding

    Spruce Power Holding (SPRU) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?.” Reason on file: GA selected SPRU as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Algonquin Power & Utilities (AQN)

“Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?” (12 Oct 2026) reaches Algonquin Power & Utilities (AQN) through this story.

What ties Algonquin Power & Utilities (AQN) to the headline is this: GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: utilities, power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Forgent Power Solutions (FPS), is listed for a different reason: GA selected FPS as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Algonquin Power & Utilities (AQN)

AQN traded between 4.92 and 5.29 across 20 sessions. The latest close on file is 5.16. FPS traded between 29.88 and 41.61 across 20 sessions. The latest close on file is 31.50. LECO traded between 255.70 and 279.26 across 20 sessions. The latest close on file is 259.24.

A simple score for Algonquin Power & Utilities (AQN)

46 out of 100

“Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help?” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.